Although the green economy represents an investment opportunity equivalent to a $4 trillion market cap, the rapid growth in recent years needs to accelerate further to achieve the goal of keeping global warming within 2 degrees.
As investors increasingly recognise the risks and opportunities from the low carbon transition, they are incorporating a wider set of considerations into their decision making, including carbon, green revenues and environmental, social and governance (ESG) factors.
Financial firms in Asia Pacific need to do more to raise the number of roles held by minorities, say institutional executives and experts.
South Korea's National Pension Service and Singapore's GIC have signed up to the Asia Investor Group on Climate Change as momentum builds on sustainability issues.
A regional institutional investors' association says more needs to be done by Asian countries to help asset owners better engage with listed companies on sustainability issues.
Following the launch of a new initiative, funds like Cbus and Australian Ethical explain how they are working to reduce their portfolio emissions and engage with investee companies.