Singapore greens the investment landscape
Singapore greens the investment landscape
In recent years, Singapore has been pushing greener standards in the investment and finance market, as well as the larger economy. (Photo: Joel Chong)
'Overall, it's a good thing to have," said Khoo De Wan. He was speaking of Singapore's Environmental, Social and Governance standards, or ESG, which listed companies in the nation must abide by. The local resident and investor added, "It may help to bring in more business, but by itself it's not enough to make a company an investable company. That's my thinking."
"Sad to say, the end goal [of investing] is monetary or financial, rather than environmental," said Mr Khoo.
Thinking like Mr Khoo's are what the Singapore Exchange (SGX) has been seeking to shift over the past six years or so. This is p...