The announcement was part of six climate finance commitments made by British International Investment at the ongoing UN climate change conference, known as COP28, in Dubai.
A company’s intentions and targets are no longer enough for investors, according to the two asset owners.
For KWAP and PNB, embedding ESG standards into investment strategies is relatively painless, and ESG-related megatrends are flourishing.
The Temasek unit believes nature-based solutions are a critical lever in becoming carbon-neutral and focuses on companies and projects that are looking to scale up globally.
Pension funds have been actively considering sovereign green bonds issued by the Indian government, according to the CEO of India's HDFC Pension Management Company.
Singapore's growing emphasis on carbon credits, transition finance and blended finance holds great appeal for one of the world's biggest environment-focused asset owners.
The institutional investors are dedicating resources to ensure a thorough adaptation of ESG standards across their portfolios, the audience hears at AsianInvestor’s Malaysia Global Investment Forum.
Few investable products and persistent hesitancy by private investors is creating a mismatch between commitments and deployment of catalytic capital, noted a senior Asia executive at the world-renowned foundation.
Tackling global warming was high on the agenda at a UN-affiliated summit in Tokyo, where global asset owners and investors gathered to discuss responsible investing.
Nippon Life, Japan's largest life insurer, says institutional investors need to step up responsibility beyond ESG risk management, as capital market operations evolve.
The US foundation's finance team hopes to collaborate with organisations operating across the impact and risk-return spectrum, a top Asia-based executive told AsianInvestor.
As the sought-after market for green bonds starts to hit a supply ceiling, asset owner involvement will be key to creating new stock.