Live Breaking News & Updates on He Employees Provident Fund Epf Believes Esg Investments Can Pay Higher Long Term Returns At Lower Risk Amp Ldquo We Believe That Is The Vaccine For Any Crises

Pension funds in Southeast Asia are getting serious about ESG
Back in January, the then chief executive of Malaysia’s largest pension fund told Bloomberg TV that the fund plans to have all its investments comply with environmental, social and governance (ESG) criteria by 2030, describing it as a “.
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Back Injanuary , He Then Chief Executive Of Malaysia Amp Rsquos Largest Pension Fund Told Bloomberg Tv That The Plans To Have All Its Investments Comply With Environmental , Ocial And Governance Esg Criteria By 2030 , Escribing It Asa Amp Ldquo Vaccine Rdquo Against Crises According To Alizakri Alias , He Employees Provident Fund Epf Believes Esg Investments Can Pay Higher Long Term Returns At Lower Risk Amp Ldquo We Believe That Is The Vaccine For Any Crises , Mp Rdquo He Said In An Interview With Bloomberg Tv On January 26 Amp Ldquo When We Look Back At 2020 , Nd We Look At Assets That Are Esg Compliant , E Found That Even At The Height Of Covid , Hey Deteriorated Ata Much Lower Rate Than The Other Assets Amp Rdquo Alizakri Has Since Left Fund Epf Officials Have Been Silent About Esg Plan His Departure , Ut It Appears Very Likely That The Fund Will Stay Course Epf Isn Amp Rsquot Only Southeast Asian Asset Owner Making Such Assessments About Esg Investments , Lthough Only Pension Funds In Malaysia And Thailand Have Publicly Talked About Their Sustainable Investing Plans These Spent The Past Few Years Integrating Esg Consideration Into Investment Process , Ccording To Tan Yi Ling , Ead Of Institutional Sales For Southeast Asia At Fidelity International Amp Ldquo Some Them Established Dedicated Sustainability Or Sustainable Investing Teams To Develop Their Own Policies And Frameworks , Mp Rdquo Tan Says In An Interview With Asia Asset Management The Fact That Pension Funds Are Continuing To Develop Their Sustainable Investing Focus Is Amp Ldquo Positive Because They Can Help Set Benchmark For Local Investors Follow Suit , He Adds Amp Nbsp The Drivers Esg Has Long Beena Buzzword In Asset Management Circles Investment Concept Been Immensely Popular West , Specially Europe It Amp Rsquos Basically About Achieving Long Term Sustainable Returns By Investing In Companies That Contribute Positively To The Environment And Society Practice Good Governance Asia , Emand For Esg Is Largely Driven By Stakeholders , Ncluding Regulators , Internal Boards , Nvestment Committees And Investors Amp Ldquo Asset Owners Hope To Identify Opportunities Mitigate Risks Create Long Term Value For Their Members End , Mp Rdquo According To Babloo Sarin , Ead Of The Asset Owner And Official Institution Segments In Asia Pacific At State Street Corp He Says Owners View It As An Opportunity To Influence Societal Changes Through Their Investment Decisions This Could Be Anything From Getting Investee Companies Reduce Carbon Footprint , R Treating Their Employees Better Amp Ldquo Given Large Share Of Global Assets And Long Term Investment Horizon , S Well As Governments Amp Rsquo Concerns For Societal Outcomes , Sg Investments Are Particularly Important For Pension Funds , Mp Rdquo Tan Says If There Is An Upside From The Coronavirus Pandemic ,