Judgments about climate transition pathways, biodiversity impacts and long-term risks do not always fit neatly into existing controls. Asia faces the additional challenge of non-accountants performing sustainability fuctions. Ethical standards are here to help.
As many of Asia's investors and family offices are rooted in legacy, family values, and community stewardship, they are well-positioned to serve as anchor investors in climate and nature solutions.
Hong Kong's financed emissions are eleven times that of its total emissions - with most of those emissions the result of investments in mainland China. Financial institutions must be engaged as part of Hong Kong's Climate Action Plan, which is due for revision by next year.