“ASEAN regional banks and investors behind on Environmental, Social and Governance standards” – WWF – May 13, 2015

On May 13, 2015 the World Wildlife Fund (WWF) released a report entitled, “Sustainable Finance in Indonesia, Singapore and Malaysia:” at the Singapore Institute of International Affairs’ 2nd Singapore Dialogue on Sustainable World Resources.

The report “finds an alarming gap between regional ASEAN financial institutions and the environmental, social and governance (ESG) standards adopted by their international counterparts.  Moreover, WWF reports a similar shortfall exists between regional financial regulations on responsible lending guidelines and corporate sustainability disclosure requirements as compared to their counterparts in Brazil, China, South Africa and Hong Kong.”

You may read an executive summary and download the report on the WWF internet site.