Environmental social and governance

The panellists also noted that a standard set of metrics is key to achieving scalability for such companies.

The programme is targeting US$3 billion ($4.08 billion) worth of green projects over 10 years.

The move to focus on Asia will further support Citi’s existing work across social finance in the region.

The city-state — which boosted the size from an earlier target of at least $1.8 billion — plans to raise as much as $2.75 billion.

All four also scored the highest in the governance pillar among the ESG pillars.

Solutions to ESG issues are still in their nascent stages, but renewables could provide assurance for energy security.

Shares in Wilmar closed 5 cents higher or 1.2% up at $4.22 on Jan 4.

SINGAPORE (Dec 19): Olam International has become the latest target of environmental group Mighty Earth, accusing it of cutting down forests in Gabon and buying unsustainably produced palm oil from third-party suppliers.