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Stephanie Wu of HSBC Asset Management
ESG in emerging markets is like the famous ice tunnel you have to navigate on your ascent of Mount Everest. It is steep and treacherous and its permafrost hides some of those who were unsuccessful. But training, hard work and sheer perseverance may pave the way to mountaineering glory.
We believe that ESG offers risks and opportunities in equal measure. Material ESG issues will impact the sustainable profitability of a company and, critically, it is the direction of change that matters...
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