1、Data Challenges and Opportunities for ESG and Sustainable Finance in Asia Pacific December 2020 REPORT PARTNERS ASIFMA is an independent, regional trade association with over 140 member firms comprising a diverse range of leading financial institutions from both the buy and sell side including banks
2、, asset managers, law firms and market infrastructure service providers. Together, we harness the shared interests of the financial industry to promote the development of liquid, deep and broad capital markets in Asia. ASIFMA advocates stable, innovative and competitive Asian capital markets that ar
3、e necessary to support the regions economic growth. We drive consensus, advocate solutions and effect change around key issues through the collective strength and clarity of one industry voice. Our many initiatives include consultations with regulators and exchanges, development of uniform industry
4、standards, advocacy for enhanced markets through policy papers, and lowering the cost of doing business in the region. Through the GFMA alliance with SIFMA in the US and AFME in Europe, ASIFMA also provides insights on global best practices and standards to benefit the region. www.asifma.org There i
5、s now global acknowledgement that the climate crisis is a real and immediate threat, climate concerns as well as broader environmental and social considerations need to start moving into mainstream risk assessment and opportunity analysis. Capital markets are not understanding and integrating materi
6、al sustainability considerations into their investment decisions, often resulting in capital being allocated to inefficient and even environmentally or socially damaging projects and assets. FoSDA has been formed to address this urgent situation from a data perspective and foster collaboration in th