ACTIONING ESG IN AN ERA OF UNCERTAINTY AND TRANSFORMATION

 

Thumbs up to a successful summit… from left: Luis Bueno Nieto, Advisor, ACES Council, Shanggari B., CEO, MORS Group, Dr. Jayanthi Desan, Managing Partner, Aubrens, Eric Roberto M. Luchangco, Chief Sustainability Officer, Head of Strategy and Finance, Chief Finance Officer, Bank of the Philippine Islands, Laura Canas da Costa, Senior Global Policy Expert at United Nations Environment Programme Finance Initiative (UNEP FI), Marla Garin -Alvarez, Vice President & Head, Sustainability Office, Compliance Group, BDO Unibank and Niko Safavi, CEO & President Director, PT Mowilex

Stand first: The inaugural ACES Summit 2023 provides a unique platform for delegates to advance transformative actions and achieve an equitable, resilient and sustainable future for business and generations to come

KUALA LUMPUR, Nov 23 (Bernama) -- Major transformation in the areas of climate, food and circularity needs to happen in order to address environmental, social and governance (ESG) in an era of uncertainty now.

ACES Council member Dr Jayanthi Desan said actioning on ESG should be based on the multiple challenges in 2024 including slowing macro-economic growth and geopolitical effects.

“In climate we have been on this journey for multiple years and now is the time that investments need to be made to drive down decarbonise technologies to companies committing to scope 1 and 2 emissions.

“In the area of food, clearly it needs healthy, sustainable and economically viable food systems and we are very far from that. How to create the right investments towards that?” said Jayanthi in her keynote address at the inaugural ACES Summit 2023.

Jayanthi who is also Managing Partner of Aubrens, said that the third area, circularity, which needs addressing, is a key strategy to embrace as a concept namely sustainable supply chain, material, design new material that uses less resources and energy.

“If we do that, we can make a difference on all areas. We are optimistic to meet the moment, in fact, each one of you are creating the moment.

“We can actually make a progress. It’s our responsibility as leaders of our organisations and our planet to make a difference whilst we still have time and I look forward to our discussions today that will delve further into the solutions we are seeking,” she added.

http://mrem.bernama.com/viewsm.php?idm=47609