In this episode, Lyndsey talks with Agnes Tai, Senior Partner of Yaozhi Asset Management International and an ESG thought leader. And Agnes has been a sustainable investor for many years.
The conversation of this episode focuses on stewardship and ESG reporting challenges and development in major Asian finance hubs.
Conversation Highlights
- Stewardship in Asia
- Actively Proxy voting in Asian with focus on E and S factors (4:00)
- Stewardship in Asia becomes active and rewarding (5:40)
- ESG / sustainable reporting challenges for Asian companies
- Corporates’ progress on sustainable reporting (7:20)
- Top ESG reporting challenges – lack of universal reporting standards with various international frameworks, lack of standard and guidance on data collection and analysis, ESG washing, ESG integration with business strategy, etc. (9:40)
- ESG Service providers in Hong Kong are not standardized (12:30)
- What activities can be most supportive for ESG reporting improvement in Asian market?
- Various reporting standards on market today (14:40)
- TCFD reporting is the focus of Asia market at the moment leading by Japan (JPIF) (15:20)
- ESG education and incentive programs in Hong Kong (17:40)
- What are the biggest differences in HKEX 2020 new regime vs. previous ESG guidance?
- Climate-related disclosure requirement (19:00)
- “ESG ready” requirement for new IPO at HKEX (23:00)
Guest Contact Information
Agnes K Y Tai