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ESG INSIGHTS

Issue 43: Consumers bite on banks’ green loans; people matter in Asean Taxonomy

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Kenneth Lim

Kenneth Lim

Published Fri, Mar 31, 2023 · 07:00 PM
    • The Asean Taxonomy’s newly added social aspect criteria could lay the path for country-level sustainable finance frameworks to follow.
    • The Asean Taxonomy’s newly added social aspect criteria could lay the path for country-level sustainable finance frameworks to follow. ILLUSTRATION: KENNETH LIM

    In this issue: Singapore banks probably aren’t offering green consumer loans because environmentally conscious spenders are more creditworthy. On policy, the Asean Taxonomy now requires an assessment of a project’s social impact.

    Singapore

    Banking on the green life

    Singapore banks have been seeing strong demand for their green consumer loan offerings.

    ESGESG Insightssustainable finance

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