New stewardship principles urge responsible use of influence

Singapore

THE investment industry is confronting its duty to improve corporate governance with a list of best practices aimed at fostering responsible and active investing.

The Singapore Stewardship Principles (SSP), coming after two years of work, focuses on seven key principles. Adoption is, by design, completely voluntary. The hope is that as many investors as possible in Singapore will use the principles, tailored if necessary to their specific circumstances, to benefit both stakeholders and society in the long term.