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August 20, 2010
EDITORIAL
 

ASrIA Participates in Consultation to Improve Malaysian Corporate Disclosure Standards

ASrIA participated during August in the Bursa Malaysia's public consultation to amend the stock exchange's listing requirements and corporate disclosure guide to include environmental, social, and corporate governance considerations. Other ASrIA members supported ASrIA's engagement, while FTSE provided direct feedback on the corporate disclosure guide to the bourse.

ASrIA Launches Low Carbon Investment Portal; Project Roadshow a Success

The Low Carbon Investment in Asia (LCIA) online portal is live. It offers a solid foundation to understand Asia's shift to a low-carbon economy. It contains, for example, a database of over 200 reports and websites for investment professionals and interested parties. Members interested in highlighting their low-carbon financial services and products in Asia on the portal should contact us at: lciaproject@asria.org.

In July and August Joint Executive Directors David St Maur Sheil and Erik Floyd, along with Yun Ling, Greater China Project Manager, Hendrik Rosenthal, Sustainability Manager, and Dave Doré, Research Manager, met with 35 investment professionals in Hong Kong, Mumbai, Shanghai and Singapore to garner feedback on our project findings. A hearty thank you to all who participated!

 
 
 
ASrIA NEWS

 
 

ASrIA Participates in Consultation to Improve Malaysian Corporate Disclosure Standards

 
    ASrIA participated in the Bursa Malaysia's public consultation to amend the stock exchange's listing requirements and corporate disclosure guide to include environmental, social, and corporate governance considerations. Other ASrIA members supported ASrIA's engagement, while FTSE provided direct feedback on the corporate disclosure guide to the bourse.  
       
 

ASrIA Launches Low Carbon Investment Portal; LCIA Project Roadshow a Success

 
   

The Low Carbon Investment in Asia (LCIA) online portal is live. It offers a solid foundation to understand Asia's shift to a low-carbon economy. It contains, for example, a database of over 200 reports and websites for investment professionals and interested parties. Members interested in highlighting their low-carbon financial services and products in Asia on the portal should contact us at: lciaproject@asria.org.

The portal, with keen support from the British Government's Foreign & Commonwealth Office, will also house a training module for investment professionals as part of the project. The training will be at: http://portal.asria.org/LCIA/index.html.  In July and August Joint Executive Directors David St Maur Sheil and Erik Floyd, along with Yun Ling, Greater China Project Manager, Hendrik Rosenthal, Sustainability Manager, and Dave Doré, Research Manager, met with 35 investment professionals in Hong Kong, Mumbai, Shanghai and Singapore to garner feedback on our project findings. A hearty thank you to all who participated!

 
       
  ASrIA Welcomes New Members  
   

We warmly welcome the following new ASrIA members. We look forward to partnering with: Climate Asia Pte Ltd; New Forests Asia; and South Pole Carbon Asset Management.

 
       
  ASrIA Thanks Renewing Members  
   

ASrIA also wishes to thank the following members who have recently renewed their membership: Sindicatum Carbon Capital (member since 2007) and Universities Superannuation Scheme (2007).

 
       
 

Express Your Interest to Sponsor or Attend the ASrIA CDP Report Launches

 
   

ASrIA has acted as a leading partner of CDP in Asia since 2005. We will be launching the 2010 CDP Asia-ex Japan Report in Hong Kong in October. There are also likely to be launch events in Taipei and Kuala-Lumpur jointly organised with local partner organisations. If you are interested to sponsor, support or speak at the CDP Report Launches, then see: http://portal.asria.org/CDP/index.html

 
       
 

Express Your Interest in Sponsoring or Attending the Sustainable Investment Roundtables

 
   

We are organising – in partnership with the International Finance Corporation - a series of Sustainable Investment Roundtables. With venue sponsor Chubb, the first was held in Shanghai on 1 July. Over the coming months others will be in: Bangkok, Ho Chi Minh City, Jakarta, Kuala Lumpur, Manila, and Beijing. Under Chatham House confidentiality Rules, the roundtables are an excellent platform for investors to share the current state of affairs for Asian sustainable finance and SRI and devise ways to overcome market challenges. The Roundtables are open to investment professionals and a select group of other stakeholders, by invitation only. To express an interest in attending, contact us.

 
       
 

ASrIA Thanks Members Who Have Supported Our Carbon Disclosure Project Work

 
   

ASrIA thanks members who have provided supporting contributions to ASrIA's Carbon Disclosure Project 2010 work in Asia. Contributing members include: Bloomberg L.P., Climate Asia, New Forests Asia, Lloyd George Management, Australian Ethical Investment, Bank of America Merrill Lynch, F&C, Item Industries, International Finance Corporation, PricewaterhouseCoopers, SAM, Standard Chartered Bank, SustainAsia, Sindicatum Carbon Capital, UBS, WSP Environment & Energy.

 
       
 

Sustainability Manager to Speak at the Sustainable Cities 2010 Conference in Singapore

 
   

Hendrik will speak on 29 September about the challenges and opportunities for investment in sustainable cities in Asia. As Chair and Panel Moderator, Hendrik will engage the industry to identify financing and investment options to drive sustainable cities to the forefront in Asia.

 
       
 

ASrIA Engages in Sustainable Stock Exchanges 2010

 
    David and Yunling will participate in the World Investment Forum (WIF) 2010. The WIF 2010 is organized by the United Nations Conference on Trade and Development (UNCTAD). It will be held 6–9 September 2010 in Xiamen, China.  
       
 

Director to Speak at Robeco Asian Institutional Investor Forum 2010

 
    David will be on a panel discussing environmental technology and responsible investment. He will introduce sustainability investment and discuss future sector developments. The forum is being held 2-3 September in Shanghai.  
       
 

ASrIA to Present at Ethics Day at CEIBS

 
    David and Yunling will hold a workshop at Ethics Day, the first day for new MBAs at Shanghai-based China Europe International Business School (CEIBS) on 30 August. This workshop will bring new insights for future leaders to learn about sustainable investment in Asia and discuss integrating ethics with finance.  
       
 

Greater China Manager Comments on Recent SRI Developments - Audience Included Taiwan's Prime Minister and Leading CEOs

 
    Yunling introduced sustainable and responsible investment at CommonWealth Magazine's CSR Award's ceremony and discussed recent SRI developments before an audience that included Premier Wu and 30 leading CEOs on 4 August in Taipei.  
       
 

Research Manager Comments on the Recent Environmental Disasters in China

 
   

In early July executives at Zijin Mining Group waited nine days to disclose information to the China Securities Regulatory Commission about a massive copper acid leak at one of its Fujian plant. More at: http://www.asria.org/news/press/1280207123. Also, ASrIA was mentioned in this Global Pensions report http://www.asria.org/news/press/1280820258 by Bloomberg News.

 
       
     
       
       
 
SUSTAINABLE INVESTMENT NEWS

       
 

Bank Sarasin Sustainability Research: uncertain future for biofuels

 
       
  SAM Publishes New Study on the Global Water Market
 
       
 

Investors, NGOs Convene for Natural Capital Workshop

 
       
 

Australian Ethical Investment Holds New Seminar on the Climate Advocacy Fund

 
       
 

AfricaSIF Aims to Encourage Sustainable Investment Practices in Africa

 
       
 

IFC Seeks to Improve Bank Directors’ Financial Risk Governance Skills

 
       
 

EIRIS Recommends Governance Steps to Tackle Investor Concerns at Vedanta

 
       
 

Sumitomo Trust & Banking To Launch “Biodiversity Fund”

 
       
 

Gulf and Asian Centers Battle Over Islamic Finance

 
       
 

FTSE Specialist Examines Engagement in Japan

 
       
 

Global Investors Urgently Call for Improved Working Conditions in Electronics Industry

 
       
 

Key Reports on Renewables and Sustainable Energy Investment Released

 
       
 

Sustainability Indexes - DJSI update coming

 
 
 
 
 
EVENTS

For an up-to-date listing of sustainable finance events in the region & globally, visit: www.asria.org/news/conference
   

Aug. 26

Singapore

Getting Started - Measuring and Reporting Carbon Footprint
ASrIA is a supporting organisation

Sep. 14-15

Hong Kong

CSR Asia Summit 2010
ASrIA is a supporting partner

Sep. 27-30 Singapore 2nd Annual Sustainable Cities 2010
ASrIA is a supporting organisation
15% discount for ASrIA member
 
October Taipei CDP Report Launches with local partners
October Kuala Lumpur CDP Report Launches with local partners (proposed)
October Hong Kong ASrIA CDP Report Launches
Oct. 19 Bangkok IFC Sustainable Investment Roundtables
Oct. 21 Ho Chi Minh City IFC Sustainable Investment Roundtables
Oct. 26 Kuala Lumpur IFC Sustainable Investment Roundtables
Oct. 27-28 Singapore CARBON FORUM ASIA 2010
ASrIA is a supporting organisation
24% discount for ASrIA member
 
Oct. 28 Jakarta IFC Sustainable Investment Roundtables
Nov. 2 Manila IFC Sustainable Investment Roundtables
Nov. 17 Beijing IFC Sustainable Investment Roundtables
 
   
ASrIA post-event pages

July 1

Shanghai

Sustainable Investment Roundtable
ASrIA is the event organiser

June 3

Hong Kong

Engagement Around the World
For the members-only link, members should contact: rebecca@asria.org

May 26

Tokyo

Corporate-Investor SRI Roundtable, Tokyo

May 17

Hong Kong

Forestry Sector Investment Forum
For the members-only link, members should contact: rebecca@asria.org

April 27

Hong Kong

ASrIA Carbon Disclosure Forum Series

April 13

Taipei

ASrIA Carbon Disclosure Forum Series

March 19

Hong Kong

ASrIA Briefing: How to deal smartly with energy issues

March 16

Singapore

ASrIA Carbon Disclosure Forum Series

January 19

Hong Kong

ASrIA Briefing: Measuring and Investing into a Low Carbon Economy

 
       
     
       
FORWARD-LOOKING

Cities of the future – Investing in sustainability leaders

The property sector in Asia continues to be defined by leaders and laggards in the sustainability space. Developers, such as Swire Properties in Hong Kong and City Developments in Singapore, that are improving energy efficiency and reducing carbon emissions are leapfrogging competitors in terms of capability for planning and executing green building projects. These leaders are reaping reputational benefits and reduced operating costs, catching the eye of the responsible investor. Short-term market sentiment continues to be driven by sustainability laggards however. This is particularly true for the sizzling real estate market in Hong Kong, which is still built on more traditional fundamentals – tight land supply and the ability of the biggest developers to influence land prices.

Singapore has taken a stance in support of green buildings by implementing advanced building codes. Progress is being made in China as well, tightening the regulatory noose around inefficient building practices. Even for laissez-faire Hong Kong, regulatory change may be in the pipeline. It will not be the laggards who will be in the best position to profit from this change. ASrIA will be speaking more about sustainability and property opportunities at Sustainable Cities 2010, to be held in Singapore September 27-30. - The ASrIA team

Learn more about responsible property investing from David Russell of USS, an ASrIA member

 
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