Latest Breaking News On - Ormer secretary general of the united nations but it only gained traction abouta decade ago - Page 1 : comparemela.com

ESG or environmental, social and governance is a term coined 20 years ago by Kofi Annan, former secretary general of the United Nations. But it only g.

Kofi annanUnited nationsSoutheast asiaEsg or environmentalOcial and governance isa term coined 20 years ago by kofi annanOrmer secretary general of the united nations but it only gained traction abouta decade agoArgely spearheaded by developed countries in the west southeast asiaDoption of esg has remained relatively lowHough the last couple of years has seen stronger appetite among pension funds and sovereign wealth question is whether this enough to hit critical mass most common reasons hindering esg adoption often lack investor awareness education that amp rsquos even before taking into account pushback intense political lobbying by companies in oil gas sector their ilk more importantly perhapsHere seems to be little interest learn pension funds can publisha million reports on why they want integrate esgR why they use certain asset valuation methodologiesR why they adopta specific framework but if these painstakingly compiled reports are read by onlya handful of peopleT defeats the purpose and asset owners too have to bear in mind that overly technical reports may turn off investors be sureSg is not an easy subject to geta handle on it may be acronym with only three lettersUt each one makes fora deep subject let amp rsquos take the ldquoe rdquo it requires understanding an asset environmental impactUch as carbon emissions