皇冠信用网
热门标签

足球投注app(www.hg108.vip):Preventing an ESG washout

时间:1个月前   阅读:10   评论:1

ug官方网站www.ugbet.us)开放环球UG代理登录网址、会员登录网址、环球UG会员注册、环球UG代理开户申请、环球UG电脑客户端、环球UG手机版下载等业务。

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.

,

足球投注appwww.hg108.vip)是皇冠体育官网线上直营平台。足球投注app面向亚太地区招募代理,开放皇冠信用网代理申请、皇冠现金网代理会员开户等业务。足球投注app可下载皇冠官方APP,皇冠APP包括皇冠体育最新代理登录线路、皇冠体育最新会员登录线路。

,

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:登1登2登3皇冠:Angler dies in suspected crocodile attack

下一篇:新2正网会员开户:Blame game as UK port tries to clear traffic logjam

网友评论