CIC, GIC lead sovereign wealth fund efforts on ESG in Asia
The swift adoption of ESG policies by sovereign wealth funds in China and Singapore has led to a surge in ESG assets under management in Asia, outpacing other major regions, according to a recent survey by Preqin.
Sovereign wealth funds (SWFs) are increasingly taking into account environmental, social, and governance (ESG) factors when making investments, according to the latest Sovereign Wealth Funds 2023 report from Preqin.
“In Asia, where climate risks are particularly significant, SWFs still prioritize environmental factors to mitigate climate change risks and support investments in renewable energy projects and decarbonization technologies to achieve their net-zero goals by 2050,” Hars…
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