Investor information and risk assessment company Moody’s Corporation announced today a series of initiatives expanding its Singapore office aiming to spearhead ESG, climate and sustainable finance efforts in the Asia Pacific region and to foster the ESG ecosystem in Singapore.

Today’s announcement follows the launch by the company of a new Moody’s ESG Solutions Group office in Singapore in February, to support the growth of sustainable finance across APAC.

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Moody’s stated that its plans for the Singapore office include the establishment of an ESG Centre of Excellence for investor outreach, engagement and training, and an Innovation Lab and Technology Accelerator that will partner with local fintech companies in developing ESG analytical solutions and assessment tools.

According to the company, the initiatives will enable Moody’s to deepen ESG insights in the region for existing credit ratings and risk management solutions and frameworks, provide thought leadership to the investment community, attract other leading ESG service providers to Singapore and help position Singapore as a leading international centre for ESG finance and investment.

Andrea Blackman, Global Head of Moody’s ESG Solutions, said:

“We are committed to serving the growing demand for ESG and sustainability expertise and solutions in the APAC region and providing our customers with the tools and insights they need to manage risks and better address the social and environmental impact of their businesses.”