83% Asian SMEs say ESG is high priority but only 37% have roadmap

Singapore, March 27 (ANI): Last week, a report published by Bloomberg Media Studios in partnership with DBS, the largest bank in Southeast Asia, revealed that while 85 per cent of medium-sized and 75 per cent of small companies state that ESG (environmental, social, and corporate governance) is a high priority, only 37 per cent have a clear roadmap on how to achieve their goals.The report published in the form of an e-book and titled "Catalyst of Sustainability", was a result of a survey conducted in August last year involving 800 SMEs (small and medium-sized enterprises) across six markets in Asia namely India, China, Taiwan, Hong Kong, Indonesia and Singapore.The study engaged over 937 decision-makers in industries covering real estate, mobility, power, agriculture and F & B/Hospitality. In-depth interviews with 11 decision-makers from SMEs were also conducted to further understand the barriers and opportunities around sustainability.SMEs have an important role to play to ...