Global competitiveness of Asean firms increasingly rides on ESG readiness
IN the year ahead, businesses in Singapore and South-east Asia would be wise to tighten their climate, human rights, biodiversity and nature-resource management as policies increasingly seek to eliminate corporate externalities.
Expectations of emissions’ rising costs mean that companies’ competitiveness will hinge on their readiness to stay ahead of environmental, social and governance (ESG) regulations, industry observers told The Business Times.
Calm before the storm
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