Commentary

In 2024, regulatory bodies in Asia have intensified their focus on sustainability reporting. New regulations on green taxonomy, net zero transition plans, sustainability reporting standards, environmental, social and governance (ESG) ratings, and ESG investment products are being developed across the region.

The recent G20 declaration in India seems to seek stability in an increasingly uncertain global landscape. Across the world, leaders are grappling with significant challenges ranging from inflation and unemployment to societal isolation and alienation exacerbated by social media. The climate crisis further heightens anxiety which has become a top priority for all parties, emphasizing the importance of cooperation.