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Issue 54: Singapore vs the Kempen blacklist; ESG progress through the back room

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Kenneth Lim

Kenneth Lim

Published Fri, Jun 23, 2023 · 07:00 PM
    • The average greenhouse gas emissions per unit of electricity produced in Singapore’s grid has seen a modest decline over the last five years.
    • The average greenhouse gas emissions per unit of electricity produced in Singapore’s grid has seen a modest decline over the last five years. ILLUSTRATION: KENNETH LIM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    In this issue: The disagreement between Singapore and Dutch fund manager Kempen reflects deep-seated divisions between the East and the West on climate matters, while regional fund managers effect sustainability progress through behind-the-scenes engagements.

    Singapore

    Dutch fund blacklists Singapore for not being green enough

    Want to understand why environmental negotiations, both commercial and political, can be so contentious between the developed West and Asia? Look no further than Dutch asset manager Van Lanschot Kempen’s blacklisting of Singapore state-backed assets over the nation’s environmental and biodiversity performance.

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    ESG Insightssustainable investingNet zeroBiodiversity

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