Governance pressure cranking up on Asian PE

Asian private equity funds are being forced to adopt higher standards of governance because of pressure from European investors, according to an industry association. Environmental, social and governance (ESG) policies have been driven up the corporate agenda in the West in recent years, but in Asia the concept is still nascent. Nevertheless, Jessica Robinson, CEO of the Association for Sustainable & Responsible Investment in Asia (ASrIA), said that ESG change was likely to …