RIMM, ESG & Investment in Climate Adaptation with Ravi Chidambaram
Description
"I think from an investor perspective, the biggest misconception would be to buy into a high score and think the company is truly sustainable because the reality with ESG is the data is self-reported. The data often is limited in terms of the range of disclosures. It's very selective. It's very manipulative because large companies with big CSR or sustainability departments, Can often manage the narrative around ESG better than smaller companies. There are a lot of geographic biases: developing countries tend to get poorer ratings and are usually penalized with a corruption or transparency type discount." - Ravi Chidambaram
Fresh out of the studio, Ravi Chidambaram, CEO and founder of RIMM, joined us in a conversation to discuss ESG and climate adaptation investing across Asia Pacific. Ravi explained the current paradigms in the ESG space and dived deep into different topics such as climate change, water scarcity and carbon credits and where technology is leading. Last but not least, he provided the value proposition behind RIMM and how it helps companies from different sectors to do ESG reporting and aggregates the data for analytics and machine learning.
Podcast Information:The show is hosted and produced by Bernard Leong (@bernardleong, Linkedin) and Carol Yin (@CarolYujiaYin, LinkedIn). Sound credits for the intro and end music: "Run it" by DJ Snake, Rick Ross and Rich Brian and the episode is mixed & edited by Geoffrey Thomas Craig (LinkedIn).