The 2021 Dentons Rodyk Dialogue – a partnership between SMU and law firm Dentons Rodyk – saw faculty members and industry experts discuss issues surrounding corporate sustainability, green finance and innovation. One of the speakers, SMU Professor of Finance (Practice) Dave Fernandez, said current metrics for environmental, social and governance (ESG) ratings are limited, and academics and practitioners have been studying alternative ways to measure the impacts. Prof Fernandez, who is the Director of SMU's Sim Kee Boon Institute for Financial Economics, said SMU and the Singapore Green Finance Centre have been focusing on an ESG impact measurement framework, which he said is more consistent and complete in measuring the outcomes and actual changes achieved by a company.
Businesses must adopt environment, social-centric practices or risk falling behind: Grace Fu
