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.
The Asset: Driven by its rising power demand, Vietnam has become one of the largest and fastest-growing renewable energy markets in Southeast Asia, and Thai companies are acting swiftly to take advantage of the vast opportunities in the country.
Bloomberg: Asia will need all the help it can get next year from more financing for environmental, social and governance projects, after recently setting some of the world’s most ambitious goals to end carbon emissions. [Full article available to Bloomberg subscribers.]
The Asset: As large asset owners in Asia-Pacific markets implement environmental, social and governance (ESG) factors into their investment processes, their expectations of asset managers to go deeper in their ESG implementation practices are also growing, according to a new report.
BNN Bloomberg: Shareholders of India’s largest bank are raising concerns about a proposed loan to Adani Enterprises Ltd. to help fund the opening of the controversial Carmichael coal mine in northern Australia.
Citywire Selector: Growing engagement between investors and companies in the A-share market appears to have resulted in improved disclosure, according to a study by Fidelity.
Financial Times: World’s second-largest economy has the worst ESG ratings of any major market. [Full article available to Financial Times subscribers.]
Asia Times: As the EU has already done, the ASEAN region can and must set a high bar to attract, retain and deploy ESG investment.
Financial Times: Asia’s fastest-growing market for debt billed as “socially responsible” has drawn criticism after data showed the vast majority of this funding has been raised for jobs and housing rather than the environment. [Full article available to Financial Times subscribers.]
Financial Times: In late June, a climate-related proposal set before the annual general shareholders’ meeting of Mizuho Financial Group was soundly rejected after receiving a little over a third of the votes cast. Yet defeats, say sustainability experts, have rarely been so revolutionary. [Full article available to Financial Times subscribers.]
Castle Hall helps investors build comprehensive due diligence programs across hedge fund, private equity and long only portfolios More →
Montreal
1080 Côte du Beaver Hall, Suite 904
Montreal, QC
Canada, H2Z 1S8
+1-450-465-8880
Halifax
168 Hobsons Lake Drive Suite 301
Beechville, NS
Canada, B3S 0G4
Tel: +1 902 429 8880
Manila
10th Floor, Two Ecom Center
Mall of Asia Complex
Harbor Dr, Pasay, 1300 Metro Manila
Philippines
Sydney
Level 15 Grosvenor Place
225 George Street, Sydney NSW 2000
Australia
Tel: +61 (2) 8823 3370
Abu Dhabi
Floor No. 15 Al Sarab Tower,
Adgm Square,
Al Maryah Island, Abu Dhabi, UAE
Tel: +971 (2) 694 8510
Copyright © 2021 Entreprise Castle Hall Alternatives, Inc. All Rights Reserved.
Terms of Service and Privacy Policy