The Future of Impact and Sustainable Investing
12th June 2020 8:00am Singapore Time
- Asia is the largest manufacturing base in the world which has resulted in high carbon emissions, but it is also the largest natural habitat for carbon sinks. This means nature-based solutions such as reforestation and companies that provide adaptation solutions are key opportunities for impact. Other opportunities in Asia include technology enabled businesses that improve the lives of people.
- Good business practices do not necessarily translate into targeting impact. It is important that all funds are actually addressing pressing problems. Green Washing is a concern for many, but is being addressed through impact measurement and more scrutiny on what funds are used for and whether it is to support an issue that creates real impact and not just good ESG scores.
- Businesses should be looking into building resilience and adaptive solutions to face the next 10-15 years. Wendy Cromwell of Wellington shared their strategy is to first identify the key problems and then invest in companies that have the majority of their business (at least 50% of revenues) focused on solving these problems.