The Business Times
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ESG Insights

Issue 62: Singapore targets ESG ratings shortcomings; money exits S-E Asia’s ESG funds

Kenneth Lim

Kenneth Lim

Published Fri, Aug 18, 2023 · 07:00 PM
    • Investor monies have flowed out of ESG funds in South-east Asia in the first two quarters of 2023, reversing the inflows from 2022.
    • Investor monies have flowed out of ESG funds in South-east Asia in the first two quarters of 2023, reversing the inflows from 2022. ILLUSTRATION: KENNETH LIM

    In this issue: The financial sector grapples with flaws in the world of ESG ratings, while investors are pulling out of ESG funds in South-east Asia.

    Singapore

    Bringing order to ESG ratings

    Tuesday, Aug 22, is the Monetary Authority of Singapore’s (MAS) deadline for public feedback on a proposed code of conduct for providers of ESG ratings and data products.

    ESG InsightsCredit ratingssustainable investingFund managementESG

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