“Refinitiv reveals gaps between intention and action in environmental sustainability efforts in Asia”– Finextra – October 30, 2019

On October 30, 2019 Finextra reported that “Refinitiv, one of the world’s largest providers of financial markets data and infrastructure, has published its inaugural Financing a Sustainable Future in Asia report today.

This report is the first in a series which looks at the Environmental, Social, Governance (ESG) performance of the largest companies across Asia, with the first edition focused on environmental performance metrics.

The Financing a Sustainable Future in Asia report is based on an analysis of Refinitiv’s latest ESG data, based on sustainability reporting produced following the financial years of FY2013 and FY2017. Refinitiv’s ESG database covers 70% of global market cap, and this report analysed data on 944 companies across 8 markets in the Asia region, including China (88), Hong Kong (62), India (85), Malaysia (46), Singapore (40), South Korea (103), Taiwan (121) and Japan (399).

The article highlights key findings, including:  a gap between policy and targets; progress in creating ethical supply chains; and a lack of focus on biodiversity.

You may read the article on the Finextra internet site.