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Increasing ESG practices can help Asia reach goals of carbon neutrality


Increasing ESG practices can help Asia reach goals of carbon neutrality
Asia-Pacific stock market data on LED display screen (Pavel Bobrovskiy/Shutterstock)
Since Larry Fink of BlackRock wrote to the world’s CEOs in 2020 advocating for sustainability as a new standard for investing, corporate enterprises around the world have faced increased pressure to improve their environmental, social, and governance (ESG) profiles. Many Western companies, including Microsoft, Apple, Salesforce, and Delta have followed through, pledging to become carbon-negative or neutral, sending a clear signal that the private sector needs to fulfill its roles in solving the health, climate, and biodiversity crises. However, in general, East Asian companies have not exhibited the same corporate ambition and commitment to environmentally and socially sustainable investment. For example, among major stock markets, China’s CSI 300 companies received the lowest ranking in Bloomberg’s ESG disclosur ....

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Temasek Holdings promises $500milion to impact investment firm LeapFrog


Temasek Holdings promises $500milion to impact investment firm LeapFrog
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Temasek Holdings has agreed to invest $500 million in private equity firm
LeapFrog Investments, the largest such commitment in an impact internment company. The $214 billion Singapore state-backed investment company will also gain a minority stake in the company. The partnership will be a multi-fund investment by Temasek to help LeapFrog further its Asia and Africa funds.
Impact or socially responsible investing has gained a lot of attention in recent times with big investment institutions and financial entities such as TPG, KKR and Blackstone showing interest.
“There is an urgent and pressing need to address the critical social and environmental challenges that the world is facing,” said Benoit Valentin, head of impact investing at Temasek. ....

Andy Kuper , Christopher Flensborg , Amit Bouri , Benoit Valentin , Global Impact Investing Network , Investment Temasek Holdings , Temasek Holdings , Leapfrog Investments , Global Impact Investing , New York Listed , ஆண்டி குப்பர் , அமித் ப Ou ரி , பெனாய்ட் வாலண்டைன் , உலகளாவிய தாக்கம் முதலீடு வலைப்பின்னல் , முதலீடு தேமாஸேக் ஹோல்டிங்ஸ் , தேமாஸேக் ஹோல்டிங்ஸ் , லீப்ஃப்ராக் முதலீடுகள் , உலகளாவிய தாக்கம் முதலீடு , புதியது யார்க் பட்டியலிடப்பட்டுள்ளது ,