In today’s briefing:
- Singapore Code of Conduct for ESG Ratings Is Less Risk and More Reward
Singapore Code of Conduct for ESG Ratings Is Less Risk and More Reward
- The Monetary Authority of Singapore (MAS) recently launched a public consultation regarding a Code of Conduct for ESG ratings providers and ESG data product providers in Singapore.
- It is the right approach for Singapore – a voluntary best-practices framework furthering one of the world’s most credible “green” economies, not a regulatory force-fix of something broken.
- No surprise ratings methodology changes. No en masse upgrades/downgrades. No acute shocks to the system. Just slow and steady progress for ESG investing and finance in Singapore.
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