ESG
The ESG Phenomenon: GMA Capital Partners, Singapore
The latest developments in and around investments attuned to concerns about the environment, society and governance.
GMA Capital Partners
GMA
Capital Partners has joined the United Nations Global Compact
Network Singapore (UNGCNS). The firm, which invests in industrial
and real estate sectors, said the move reflects its engagement
with internationally recognised principles on responsible
business conduct and sustainable development.
The business is headquartered in Singapore. This publication has asked GMA Capital Partners for details on its assets under management, and size of employees.
GMA Capital Partners said in a statement that taking part in UNGCNS provides a local platform for engagement with the United Nations Global Compact's Ten Principles covering human rights, labour, environment, and anti-corruption, as well as access to regional dialogue and knowledge-sharing initiatives.
(Editor’s note: The announcement shows that while the whole environment, society and governance (ESG) approach has been pushed back politically in some parts of the world, it remains an agenda item for parts of the wealth and investment sector, even if it tends to be more under the headline of “sustainability.”)