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Sustainable investing has become a significant force in Asia, with 130 of the region’s fund managers using sustainable approaches to build investments, worth $74bn (£47bn, €54bn) in 2012. So said the Association for Sustainable & Responsible Investment in Asia’s (ASrIA) latest baseline study, which also said international investors are committing a greater proportion of their portfolios to the region. Asian exchanges are also building momentum by increasingly issuing ESG guidelines. ASrIA chairman Alexandra Boakes Tracy said: “It is increasingly clear that Asia will play a key role in the future development of the sustainable investment industry.”
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