https://www.scmp.com/rss/325214/feed en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com US Steel’s decision to hire Price Waterhouse to verify its 1902 accounts produced what is regarded as the first annual report of the modern era, a 40-page document intended to dispel public suspicions over the way the group’s assets were valued. Although it would take more than three decades – and the many scandals laid bare by the calamitous 1929 stock market collapse – before the practice became a legal requirement in the US, the global trend since then has been one of ever deeper and broader... https://www.scmp.com/special-reports/business/topics/environment/article/2112323/environmental-social-and-governance?utm_source=rss_feed https://www.scmp.com/special-reports/business/topics/environment/article/2112323/environmental-social-and-governance?utm_source=rss_feed Sun, 24 Sep 2017 07:04:06 +0000 For investors seeking data with which to build sustainability criteria into their asset portfolios, the Hong Kong stock exchange’s push for more stringent disclosure of the environmental, social and governance risk has facilitated a boom for the service providers that advise, monitor and certify ESG performance of listed companies. Recent acquisitions by big research and index providers – such as S&P Dow Jones Indices’ takeover of Trucost in October last year – gives an indication of the... https://www.scmp.com/special-reports/business/topics/environment/article/2112316/investors-seek-more-environmental-social?utm_source=rss_feed https://www.scmp.com/special-reports/business/topics/environment/article/2112316/investors-seek-more-environmental-social?utm_source=rss_feed Sun, 24 Sep 2017 06:17:07 +0000 Peace, dignity and prosperity for all on a healthy planet by 2030 was the lofty target set two years ago by world leaders in the UN’s Sustainable Development Goals. But governments won’t pay the bulk of the bill: US$6 trillion of the US$7 trillion the UN says is needed each year will have to come from private capital. Hong Kong, as Asia’s leading asset management centre and international finance hub, aspires to be the regional leader in the development of green finance and the sustainable... https://www.scmp.com/special-reports/business/topics/environment/article/2112315/us7-trillion-annually-price-pay?utm_source=rss_feed https://www.scmp.com/special-reports/business/topics/environment/article/2112315/us7-trillion-annually-price-pay?utm_source=rss_feed Sun, 24 Sep 2017 06:03:20 +0000