Private Equity International: The country’s limited partners will continue to favour corporate engagement over exclusionary screening of controversial sectors. [Full article available to Private Equity International subscribers.]
Reuters: A group of religious and socially conscious investors and other funds are ramping up pressure on Western companies over alleged human rights abuses in China’s Xinjiang region, highlighting the challenges for brands trying to maintain their business ties amid rising tensions.
The Asset: Increased efforts to bring sustainable disclosure standards together.
The Asset: Four pointers to speed trend towards gender equality on International Women’s Day.
Responsible Investor: Complaint centres on UBS’ exposure to surveillance firm Hikvision. [Full article available to Responsible Investor subscribers.]
Yahoo! Finance: Malaysia’s largest pension fund aims to make all its investments based on environmental, social and governance practices by 2030, betting a strategy based on holding sustainable assets can make it more resilient against future market upheavals.
The Asset: Top industry executives cite lack of relevant data, difficulty of translating carbon metrics into financial impact.
BNN Bloomberg: China is set to post the fastest growth in Asia for environmental, social and government investments after the country boosted exchange-traded fund assets 18-fold in the past two years, according to estimates from Bloomberg Intelligence.
Reuters: The board of directors of Malaysian firm Top Glove Corp, the world’s largest maker of medical grade gloves, has failed egregiously in protecting its workers from COVID-19, U.S. investor BlackRock said, calling for its removal.