Category: ASEAN Knowledge Sharing

Strengthening ASEAN Through Science, Technology and Innovation

Science, Technology, and Innovation (STI) are vital drivers of economic growth and development across all ASEAN Member States, regardless of their economic status. Each economy within ASEAN is powered by various forms of production, ranging from agriculture and energy to finance, manufacturing, and tourism. Recognizing the critical role of STI in these sectors, ASEAN has emphasized a collaborative approach to harnessing the power of STI to tackle the real-world challenges faced by its citizens.

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ESG For ASEAN

On April 21st, 2021, the European Commission introduced the sustainable finance package, which includes the proposed Corporate Sustainability Reporting Directive (CSRD). This new directive significantly reforms and expands the reporting requirements compared to the previous Non-Financial Reporting Directive (NFRD). As a result, by 2023, nearly 50,000 companies within the EU will be required to disclose information on environmental, social, and governance (ESG) issues.

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