ESG investing is building resistance to layoffs

WITH Singapore in Phase 2 of its reopening, companies can now better gauge the extent of the pandemic's impact on their industries and business models and how they will need to restructure.

Some old suppliers and customers may drop off, and new ones must be found to replace them. Ways of selling must change, and maybe even ways of manufacturing. The simplest thing to do will be to lay people off. But companies must acknowledge changing attitudes.

On the evening of June 5, hospitality group Banyan Tree Holdings announce…

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