With COVID-19 presenting new challenges, ESG issues that were previously on the periphery are now in the forefront for many companies. ![]() The results of the survey revealed that 54% of the respondents already have ESG policies and practices integrated in their organizations’ corporate strategy while close to 90% of the remaining respondents intend to roll out ESG policies and practices within five years.Įvidently, sustainability is coming of age in this region. Of these respondents, majority hold senior level positions in their firms-16% are Chairmen, Presidents or CEOs, 24% are other C-Suite Executives, 26% are Managing Directors and Directors, and 28% are Senior Vice Presidents and Vice Presidents. In the first quarter of this year, Citi conducted a survey among 259 institutional clients in 14 markets across Asia Pacific to better understand how they are embracing the ESG agenda. The report included views from BlackRock and Manulife Investment Management in Asia, and a survey of the bank’s key issuer clients in the region. ![]() Hong Kong / Singapore A new report from Citi revealed that more clients are embracing different areas of finance to meet their Environmental, Social and Governance (ESG) goals.
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