HONG KONG - After years of lobbying by concern groups, Asia's leading public institutional investors and a growing number of their private peers are embracing sustainable investing principles in their decision-making about which assets to buy and sell.
Japan's Government Pension Investment Fund, the world's largest retirement fund, and peers in South Korea, Malaysia and China are among those which have recently adopted environmental, social and governance principles. The GPIF captured headlines with its July 3 announcement that it had committed 1 trillion yen ($8.9 billion) to socially responsible investments, representing about 3% of its domestic stock portfolio.
