Four Asean stock exchanges will be jointly developing an initiative to implement common ESG (environmental, social, and governance) metrics in their respective data infrastructures and advance the region’s sustainable development.
Under Asean-ISE, the bourses intend to proactively assist ESG-compliant corporates in maximising business value through “quality disclosures”. This involves developing infrastructure solutions to facilitate cross-border trade flows, connecting corporates’ supply chains to ESG-oriented investment capital, and providing suppliers with good ESG practices and disclosures to secure more competitive financing rates.
