Multi-stakeholder solutions for best-practice, science-based sustainable finance
The Asia Sustainable Finance Initiative (ASFI) is a multi-stakeholder forum, incubated by WWF Singapore that aims to harness and amplify the power of the finance sector to create low-carbon, climate resilient economies that deliver on the Sustainable Development Goals (SDGs) and the Paris Agreement. This will ensure that economic and social development is achieved while preserving the natural capital on which all societies depend, and support the urgent transition to sustainable food, energy, transport, and infrastructure systems.
Based in Singapore, ASFI brings together global industry, academic, and science-based resources to support financial institutions in the region in implementing Environmental, Social, and Governance (ESG) best practices. As Singapore is a conduit for financial flows into Asia, the lending and investment decisions taken by financial institutions based here will have a significant impact on the region's contribution to a 1.5-degree world and its climate resilience.
The 6 Focus Areas
ASFI works across six focus areas to support financial institutions to better understand and incorporate material ESG risks and opportunities into decision making processes across their core businesses.
Credible standards and certification schemes aligned with science support financial institutions in due diligence and verification of robust sustainability practices.
Cutting-edge sustainable finance research and innovative tools help financial institutions to understand, measure, and manage evolving ESG risks and opportunities.
Investor engagement with portfolio companies on the management of ESG issues enables them to maximize long-term value creation.
Green financial solutions based on science-based ESG criteria create measurable environmental and social impacts alongside financial returns.
Regulations and guidelines which support global sustainable development objectives can strengthen the resilience of the regional finance sector.