皇冠现金网
热门标签

皇冠正网开户(www.hg108.vip):Preventing an ESG washout

时间:4天前   阅读:3   评论:2

皇冠正网开户www.hg108.vip)是一个开放皇冠正网即时比分、皇冠正网开户的平台。皇冠正网开户平台(www.hg108.vip)提供最新皇冠登录,皇冠APP下载包含新皇冠体育代理、会员APP。

FTSE4

PETALING JAYA: As more companies embrace environmental, social and governance (ESG), the ugly side of this practice –greenwashing – is expected to increase if actions are not taken to minimise its occurrence.

Industry observers said Malaysia, as a trading nation as well as foreign direct investment destination, would lose out if companies adopt a lackadaisical attitude on greenwashing.

Amid headwinds like inflation and supply chain disruptions, investors are increasingly looking to park their monies into companies that adopt sustainability practices.

Greenwashing is the process of conveying a false impression about how a company’s products are environmentally sound.

Instead of “falsifying” their ESG initiatives, companies should make honest investments and back their claims with targets and milestones, they said.

Minority Shareholders Watchdog Group (MSWG) CEO Devanesan Evanson expected an upsurge in greenwashing.

Minority Shareholders Watch Group (MSWG) chief executive officer Devanesan Evanson

The phenomenon is likely to rise as companies know the price of not adopting ESG practices, according to him.

,

Telegram搜索技巧www.tel8.vip)是一个Telegram群组分享平台,Telegram搜索技巧包括Telegram搜索技巧、Telegram群组索引、Telegram群组导航、新加坡Telegram群组、Telegram中文群组、Telegram群组(其他)、Telegram 美国 群组、Telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容,Telegram搜索技巧为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。

,

The companies risked being punished by institutional investors and countries that import the their goods.

“Institutional investors will sell down companies that do not adopt ESG practices and this can hurt both the share price and prestige of the company.

“The companies do not have the vote of confidence of the institutional investors. Many minority shareholders follow the cue of the institutional investors and will do likewise,” he told StarBiz.

Devanesan said foreign countries would forbid the imports from companies found to be ignoring ESG practices.

For example, the recent Withhold Release Order by the US Customs and Border Protection involved cases in Malaysia relating to forced labour issues and indiscriminate degradation of the environment, he said.

“Thus, to make it seem as if they are adopting ESG practices, some companies may choose the easy way out by greenwashing rather than investing money and resources in honest and sincere adoption of ESG,” he said.

The FTSE4Good Bursa Malaysia (F4GBM) Index was launched in December 2014 to support investors in making ESG investments in Malaysian-listed companies, among others.

As at June 9, there have been 10 new additions to the constituents of the F4GBM Index, bringing the total number of constituents to 87, and nine new additions to the constituents of the FTSE4Good Bursa Malaysia Syariah or F4GBMS Index.

Separately, with the nine new additions to the F4GBMS Index, the index’s constituent count stands at 65.

上一篇:足球博彩公司(www.hg108.vip):Ringgit opens higher on weak US manufacturing data

下一篇:皇冠官方app:SNS Network's IPO oversubscribed by 6.95 times

网友评论

  • 2022-09-05 00:33:49

    The group said net property income (NPI) surged 71.4% year-on-year, underpinned by strong performance from the retail segment and lower property operating expenses.休息会再看

  • 2022-09-25 00:16:56

    Without explicit financial backstop from Beijing, senior executives at some of the institutions are wary of engaging with cash-strapped developers and later dealing with potential losses of their own, said two of the sources.不负众望啊