An alliance of financial institutions, non-government organisations, and academics has come together to help businesses go about their work in a more sustainable manner.
The Asia Sustainable Finance Initiative (ASFI), launched on January 21 at the Parkroyal on Pickering Hotel, aims to help the region’s financial sector achieve more sustainable results, the Straits Times reported. The initiative is targeted at Singapore-based financial institutions and seeks to help them better understand and incorporate environmental, social and governance (ESG) risks and opportunities into their decision-making processes, amid climate change, land and ocean pollution, and issues regarding labour and human rights.
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