PING AN’s Post

It felt so great to join another Asian Corporate Governance Association (ACGA) & Principles for Responsible Investment webinar just now with my old #fellows Jane Moir, Chris Leahy, Amar Gill, Lake Wang to #discuss the recent #corporate #governance #developments in #Asian markets! Thank you James Robertson for organising this event and Sebastien Akbik for moderating the very lively panel #discussion! If you haven't read the fresh off the press CG Watch Report this year, you are missing out! Since 2001, CG Watch is still the #only publication that talks about all substantial #progresses and #reforms in all 12 #major #markets in #APAC and rank them accordingly every two years. The newest version (11th) can be found here: https://lnkd.in/gu_eZTW #esg #sustainability #responsibleinvesting #corporategovernance

Corporations and Governance. What’s the connection? Had the pleasure of meeting and interacting with many financial delegates, fund managers and analysts at the CITIC CLSA Forums this week. All investors want to get a better understanding of the financial performance of a company - to decide whether to invest more or possibly to liquidate and reinvest in businesses with better returns. Found the comments of one particular fund manager I met , who has an enviable return of 7-11% for his clients, very insightful. He shared that financial returns are important but the most important factor he looks at is the Governance of a company. To him, this element of Governance is the Most important element of the E, S & G of a company. Without Governance, the other 2 elements cannot be achieved and the financial performance cannot be Sustained. Insightful Remarks & Observations. Delighted that he thought our company and group was well governed. Have a Fantastic Friday. PS - will share more good news on Governance next week, when it becomes public. Singapore International Chamber of Commerce Singapore Institute of Directors Jardine Matheson Jardine Cycle & Carriage Limited SCCA - Singapore Corporate Counsel Association Singapore Law Watch The Law Society of Singapore Singapore Academy of Law NUS Faculty of Law SMU Yong Pung How School of Law SUSS School of Law Institute of Singapore Chartered Accountants (ISCA) SGListCos #governance #companies #esg #leaders #leadership #investment

🕒 Towards 2030: Investing Towards Sustainable Development in Malaysia 🌍 Dato' Seri Dr. Awang Adek Hussin, SC Chairman, opened at the Institutional Investors Council - Securities Industry Development Corporation (SIDC) Corporate Governance Conference 2024 🎉 This event serves as a call to action for corporate leaders to assert robust corporate governance standards that will contribute to Malaysia's sustainable future 🌱 Let’s engage and collectively navigate towards achieving governance excellence and sustainability 🤝 📃 Read the full speech: https://bit.ly/3TlK9xx

This is from Temasek's 2023 annual report. Temasek, headquartered in Singapore and owned by the Singapore government, is one of the world's smartest diversified institutional investors. It has served as a template for establishing many other Government-owned investment funds and holdings like the UAE's Mubadala and more recently, Saudi Arabia's Public Investment Fund (PIF) As you can see "Macro AND Geopolitical Risk" is the foundation over which all Temasek's risk management framework has been built. Many institutional investors across the world, be they privately owned or government-owned, have not come yet to this level of maturity, especially regarding Geopolitical Risk, its assessment, measurement, co-movement with the Macro and Environmental Risks, and most appropriate mitigation strategies. Our core mission and ambition at The Multipolarity Report is to develop such a framework. Stay tuned. #investment #geopoliticalrisk

Don't miss Competent Boards Founder and CEO Helle Bank Jørgensen, GCB.D, CCB.D and NACD.DC at Taskforce on Nature-related Financial Disclosures (TNFD)'s webinar "Boards and Nature: The evolving landscape for director’s duties" on July 11. Learn more here 👉 https://lnkd.in/g-RA8VXj #CompetentBoardsMovement #ExecutiveEducation #BoardEducation

CapitaLand Investment’s (CLI) corporate governance, transparency and sustainability practices continue to be recognised in the Singapore Governance and Transparency Index (SGTI) 2024. #CLI’s REITs and business trusts are amongst the top 20 in the REITs and Business Trusts category, with CLI securing the 17th spot in the general category. 🏆CapitaLand Ascott Trust was 1st for the 4th consecutive year 🏆CapitaLand Ascendas REIT earned 3rd place 🏆CapitaLand Integrated Commercial Trust climbed to 4th place 🏆CapitaLand India Trust secured 13th position 🏆CapitaLand China Trust ranked 20th The assessment was jointly conducted by CPA Australia, the National University of Singapore, and the Singapore Institute of Directors. For more details: https://bit.ly/SGTI2024

🏢 Boards and Nature: The evolving landscape for director’s duties    Next Thursday, #TNFD hosts a webinar designed to support board members and directors on their evolving duties.     📅 11 July 2024  🕛 09:00 - 10:00 New York | 14:00 - 15:00 London | 15:00 - 16:00 Paris | 21:00 - 22:00 Singapore  💻https://lnkd.in/g-RA8VXj    Nature is now considered a strategic risk management and governance issue for companies and financial institutions. Physical and transition risks are materialising with greater frequency and severity, customer expectations are shifting, investors are asking more questions and regulators are moving forward with new nature-related corporate reporting requirements. How should boards and directors be responding to this quickly evolving landscape? This webinar will cover how directors’ duties are evolving to include nature-related issues and the role the TNFD recommendations and related guidance can play to support directors’ duties. Tony Goldner will host a panel of experts including:   ◼️ Sarah Barker, Managing Director, Pollination Law  ◼️ Helle Bank Jørgensen, GCB.D, CCB.D and NACD.DC, CEO and Founder, Competent Boards  ◼️Cynthia Williams, Executive Director, Commonwealth Climate and Law Initiative (CCLI)     Ahead of the session, we recommend downloading TNFD in a Box: Board level overview 🔽 https://lnkd.in/gcgt2Qpf We look forward to seeing you there - https://lnkd.in/g-RA8VXj Competent Boards Institute of Directors (IoD) Australian Institute of Company Directors NACD (National Association of Corporate Directors) Principles for Responsible Investment WBCSD – World Business Council for Sustainable Development The Generation Foundation Singapore Institute of Directors The Hong Kong Institute of Directors Chapter Zero

Leaders in the boardroom are critical for the integration of nature-related transition risk into business strategy. The Taskforce on Nature-related Financial Disclosures (TNFD)’s webinar aimed specifically at board members aims to provide useful insights for those looking to engage - more below.

📣 AIGCC is pleased to join the Joint Sustainable Finance Working Group as an Industry Advisory Panel member. The Working Group is jointly established by The ASEAN Capital Markets Forum (ACMF) and the ASEAN Working Committee on Capital Market Development (WC-CMD). 1️⃣ AIGCC will contribute to the working group on implementation of disclosure standards.   2️⃣ The Working Group aims to engage and receive feedback from the private sector and capital market regulators on sustainable finance. 3️⃣ It will also implement the recommendations in the ACMF Roadmap for ASEAN Sustainable Capital Markets and the WC-CMD Report on Promoting Sustainable Finance in ASEAN.    More here: https://bit.ly/3zQvIKE . . . #sustainablefinance #capitalmarkets #workinggroup #disclosurestandards #sustainabilitydisclosure #ASEAN

COP29 and 3rd anniversary of MPFA ESG integration initiative coincide to put spotlight on the system (Hong Kong 18Nov24) . "3 year anniversary of the MPFA’s “Principles for Adopting Sustainable Investing in the Investment and Risk Management Processes of Mandatory Provident Funds” . This year marks the three-year anniversary of the Mandatory Provident Fund Schemes Authority’s (MPFA) launch of the “Principles for Adopting Sustainable Investing in the Investment and Risk Management Processes of MPF Funds”. These Principles were introduced to integrate Environmental, Social, and Governance (ESG) considerations into the investment and risk management processes of MPF funds, fostering greater alignment with global sustainability goals. . Over the past three years, the Principles have served as a cornerstone for promoting sustainable investment practices among MPF trustees and fund managers. . Key achievements include: . 1. Increased ESG Integration: A growing number of MPF trustees have embedded ESG factors into their decision-making frameworks, ensuring that investments consider long-term risks and opportunities arising from climate change, social responsibility, and governance issues. . 2. Enhanced Transparency: Trustees have made significant strides in disclosing how ESG factors are incorporated into their investment and risk management practices, helping scheme members make more informed decisions. . 3. Capacity Building: The MPFA has actively supported trustees and investment professionals through training programs, workshops, and resources to deepen their understanding of sustainable investing. . 4. Positive Impact on Markets: The Principles have encouraged broader adoption of ESG strategies in the Hong Kong market, aligning the MPF system with international trends and demonstrating leadership in sustainable investing in Asia. . Looking ahead, the MPFA remains committed to advancing sustainable investing by fostering collaboration with industry stakeholders, promoting innovation in ESG integration, and strengthening reporting and accountability standards. This milestone underscores the MPFA’s dedication to ensuring a more resilient and responsible retirement savings system for Hong Kong’s workforce. . . #MPF #MPFratings #esg #francischung #mpfratings #MPFScorecard #MPFHealthCheck #MPFFastMover #MPFRConsistentPerformers #MarketInsights #MPFMarketShare #MPFFundFlows #MPFNetReturns #MPFIndustry #pensionschemes #assetmanagement #investmentmanagement #investment #empf https://lnkd.in/gGNkAJYC