1、Dec 2022The Value of Investing in ValuesThe ESG opportunity for APAC asset managers2 2022 KPMG Advisory(Hong Kong)Limited,a Hong Kong(SAR)limited liability company and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited,a private Engli
2、sh company limited by guarantee.All rights reserved.2022 Quinlan&Associates Limited,a company incorporated in Hong Kong.All rights reserved.FOREWORDBenjamin QuinlanCEO&Managing PartnerQuinlan&AssociatesIt is nearly impossible to read the news or scroll through social media feeds these days without s
3、eeing something on the topic of ESG.And sittingat the epicentre of the global ESG agenda are asset managers,who play a pivotal role with respect to regulatory advocacy,capital allocation decisions,and delivering on evolving public expectations.While ESG adoption in Asia Pacific lags that of Europe b
4、y a considerable margin,a growing number of Asian regulators are localising ESG-related requirements in their home markets in short,ESG is no longer a“nice to have”.It is a“must”.In addition,regional managers are becoming increasingly aware of the consequences of non-compliance(including the risk of
5、 reputational damage and capital outflows),as well as the benefits of getting ESG right(including potential valuation uplifts,the ability to charge higher management fees and enhanced access to offshore capital).Despite the benefits that ESG integration can bring to regional managers,the ESG transfo
6、rmation journey is fraught with challenges,especially given the heterogenous nature of Asia Pacific including fragmented rules,products,data,and cultures.As such,a robust ESG strategy and operating model is needed for regional managers who are looking to capitalise on the ESG opportunity beyond mere