BNN Bloomberg: Japan will introduce environmental, social and governance considerations for foreign reserves held by the finance ministry, reflecting a need to seriously tackle climate change in order to achieve the country’s 2050 carbon neutral goal.
BNN Bloomberg: One hedge fund in Asia is betting big on the growing interest in carbon offsets to protect forests, as industries and policy makers start to make efforts to cut emissions.
Institutional Investor: The Asia-Pacific region’s notoriously low ratings on investment research firm MSCI’s environmental, social, and corporate governance scale are beginning to trend upward.
Hubbis: HSBC has rolled out a new ESG (Environmental, Social and Governance)-themed structured note in Asia, further enriching its broad suite of wealth products with more specific investment themes within the ESG universe.
BNN Bloomberg: Kyoya Okazawa, a former Asia executive at BNP Paribas SA, aims to raise $1 billion for a new ESG fund backing Japanese startups in sectors ranging from paint to grass-fed beef.
BNN Bloomberg: The former head of the board of governors at the world’s largest pension fund said he sees signs of a “bubble” in environmental, social and governance investing, and said the Japanese fund needs to consider how much ESG assets contribute to returns.
ICLG: As environmental, social and governance (ESG) considerations gain traction globally, a group of Japanese investors have launched its first ESG-focused global venture capital fund.
Financial Post: Asia-Pacific borrowers more than doubled issuance of bonds tied to environmental, social and governance (ESG) themes to a record $69 billion this year, data showed, as they sought to burnish their sustainability credentials and tap red-hot investor demand.
BNN Bloomberg: Executives from Citadel Securities LLC and KKR & Co. are throwing their weight behind a new group that aims to combat anti-Asian hate after a surge in violent attacks.