June 2004
29 pages

Singapore Report [195 KB]

ASrIA Reports - SRI In Asian Markets: Singapore

Research by: Carrie Johnson & Sophie Pritchard, PAIA Consulting

Project Manager:
David St. Maur Sheil

Published in time for ASrIA's Third International Conference, 15-16 July in Singapore, this survey is a must for anyone serious about developing SRI in the country. As far as we know it is the first survey of its kind.

Key findings include:

• Singapore has good potential for SRI with the third highest per capita income level in Asia and its competitive position as an Asian financial hub.
• At present, SRI products are available, but the total fund size is small and marketing of these funds has been limited.
• There is currently a low level of awareness of SRI funds, especially amongst the public. However, there is a growing activism towards the principles that underlie SRI.
• With appropriate education and awareness raising measures there is considerable potential to build a market for SRI funds in Singapore.
• In Singapore more than in many countries, the government's stance on SRI will be influential to its development.