Asia's leading economies were in the grip of the worst financial crisis in decades 20 years ago, with stock markets in the four so-called Tiger economies in freefall. At around the same time, investors elsewhere were taking the first steps to integrate environmental, social and governance factors into investment decisions. It is now time for investors in Asia to bear ESG principles in mind to hedge against risks.
Asia's emerging markets have become a major driver of the global economy while interest in ESG has boomed, with more than $70 trillion of assets now managed in line with the U.N.-supported Principles for Responsible Investment.