Construction Projects (& Contracting), How Would Environmental, Social & Governance (ESG) Line Up?
RHTLaw Asia Co-Head of ESG Practice, Building, Construction & Projects Industry Group, and Partner, Appropriate Dispute Resolution Practice, Anil Changaroth, Senior Associate Syafiq Lim and Intern Ong Xin Wen contributed an article “Construction Projects (& Contracting), How Would Environmental, Social & Governance (ESG) Line Up?” to the Society of Construction Law (Singapore) Official Newsletter (October 2023, Issue No. […]
Understanding and Adopting ESG – An Overview [Part II: ESG Reporting as a Genesis of Fiduciary & Other Legal Obligations]
Introduction In Part I of our two-part mini-series, we discussed the basics of environmental, social and governance (ESG) and how the same found its roots in CSR and had taken beyond the realms of pure philanthropy and into the realm of quantifiable numbers to determine how companies treat their staff, respond to climate change, increase […]
Understanding and Adopting ESG – An Overview [Part I: The Evolution of ESG from CSR]
Introduction The genesis of both, Corporate Social Responsibility (CSR) and Environmental, Social & Governance (ESG) standards, is the same – adoption of practices and policies by corporations that are intended to have a positive influence on the world. Companies have historically looked at options to operate in ways that enhances society and the environment, instead […]
MAS Technology Risk Management Guidelines
The Monetary Authority of Singapore (“MAS”) issued a revised Technology Risk Management Guidelines (“Guidelines”) on 18 January 2021. The MAS shared that the revised Guidelines focus on addressing technology and cyber risks by financial institutions (FIs) with the growing use of cloud technologies, application programming interfaces, and rapid software development. It reinforces the importance of […]
Singapore: Fund Management 2021 Outlook
Singapore’s AUM followed the global trend, rising by 15.7% in 2019 to reach S$4.0 trillion (US$2.9 trillion), with traditional sector seeing a strong rebound, registering 25% growth. Source: Singapore Asset Management Survey 2019 Many have focused on cost containment during the pandemic of 2020, fund raising activities in general slowed to a halt as investors adopted a “wait-and-see” […]
Post-pandemic era : Time for agencies to lay groundwork now
I support Prime Minister Lee Hsien Loong’s call to “keep up the virtuous circle of good governance that results in political stability and enables long-term planning” (Keep cycle of good governance and stability going: PM, Nov 9). Visit the link below to read more: The Straits Times: Forum: Time for agencies to lay groundwork now
Keynote Address: Building a business culture for success
At the official launch of the RHT G.R.A.C.E. Institute on 5th November 2020, we had the privilege of having Mr Richard Magnus, retired senior district judge and Chairman of Temasek Foundation Cares and Temasek Foundation Nurtures, deliver the keynote address, titled Building a Business Culture for Success. “Organisations in the 21st century are exposed to dynamic changes, […]
RHT Rajan Menon Foundation’s RHT G.R.A.C.E. Institute launched to encourage ethical leadership
The RHT G.R.A.C.E. Institute will drive change through its digital platform – the “ethBe” app RHT G.R.A.C.E. Institute, a social enterprise under RHT Rajan Menon Foundation (“Foundation”), was officially launched at a virtual forum held today. The RHT G.R.A.C.E. Institute aims to promote an organisational culture anchored on the five core principles of Governance, Risk […]
Wirecard Phantom Billions Scandal
On 1 January 1999 Wirecard AG (then named InfoGenie AG) was founded. At its peak in 2018, the German tech favorite had a valuation of almost €25 bn. Twenty- one and a half years later, on 18 June 2020, it announced that €1.9 bn that was supposed to be in Philippines banks was “missing”. 4 […]
Force majeure provisions in light of COVID-19
With the COVID-19 pandemic prompting myriad business closures, many suppliers and their customers are reviewing the force majeure provisions within their supply chain contracts.