By Benedict Yap, CFA
Head, Environmental, Social and Governance (ESG)
Lion Global Investors
As we entered into 2020, many observed that environmental, social and governance (ESG) considerations were growing in popularity, with topics like climate change, stakeholder capitalism and responsible investing (RI) driving many a client conversation. With the onset of Covid-19, murmurs that the ensuing economic fallout is likely to send RI-and ESG-driven objectives back to the drawing board seem to be rising. We share some thoughts on this and acknowledge the potential for any short term shifts in perspective. But we also remember the African adage that the lion does not turn around when a small dog barks.