Meaningful ESG change in Asia limited without better governance: report
Jamie Allen, secretary-general of the ACGA, laments Asia's superficial levels of ESG discussion and says basic governance issues must be ironed out.
Stock market regulators in Asia should strengthen environmental, social and governance (ESG) reporting guidelines, as fragmented governance mechanisms and resistance to ESG practices limit the region's progress.
The Asian Corporate Governance Association (ACGA) told AsianInvestor that ESG discussions in the region remained superficial and that resistance could cause the region's financial centres to lag behind others.
ESG standards in Asia have improved, but "corporate governanc…
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