“Regulators in Asia and Europe have taken divergent approaches towards investment funds that focus on environmental, social and governance (ESG) investments in their respective jurisdictions, an industry official said. The strategies reflect the different regulatory focus areas between authorities in various jurisdictions, as well as the local financial and economic priorities.”

[COMMENTARY] In Asia they’re more interested in the risk management perspectives of ESG whereas in Europe the focus is on promoting sustainable development, according to a Singaporean official.
ESG regulatory approaches appear to be diverging in Europe and Asia, by Yixiang Zeng, June 20, 2023, Thomson Reuters, Singapore.