ESG Investments in East and Southeast Asia
Tokai University (School of Political Science and Economics;
School of Global Studies; TOKAI Research Institute for Environment
and Sustainability (TRIES)); The University of Kitakyushu;
The University of Oxford
Date: May 12, 2023
Venue (hybrid): Kitakyushu International Conference Center,
32rd meeting room & Zoom platform
Sponsored by KAKENHI (Grant-in-Aid for Scientific Research (B) No. 22H03816)

Zoom ID: 827 2486 3957
Passcode: ESG2023

Agenda (May 12, 2023)
Welcoming Remarks- Saeko Urushibara, Vice-Chancellor of the University of Kitakyushu, Japan

10:00 – 10:15
Japan StandardTimeOpening Remarks (online)-Naoto Yoshikawa, Vice-Chancellor of Tokai University, Japan& Chancellor of Hawaii Tokai International College (HTIC), US

Presentation & Discussion
Moderator and co-host: Farhad Taghizadeh-Hesary (Tokai University, Japan)

Session 1

Session chair: Farhad Taghizadeh-Hesary (Tokai University, Japan)
Presentation 1. Troy Sternberg (University of Oxford, UK)/ Presentation title: ESG and themining industry: a Mongolian case study
Presentation 2. Youngho Chang (Singapore University of Social Sciences, Singapore) /Presentation title: Environmental, Social and Governance (ESG) Performance and Firm
Value: Perspectives and Evidence10:15– 12:00
Japan Standard
Time

Presentation 3. (Online) Thai-Ha Le (VinFuture Prize Foundation, Vietnam & IPAG
Business School, France) / Presentation title: Unveiling the Potential and Perspectives ofESG Investments in Vietnam
Presentation 4. (Online) Safa Fanaian (University of Oxford, UK) / Presentation title:
Framework for Water Risk Assessment- Textile & Apparel Manufacturing Sector
Coffee Break (15 minutes)
Presentation 5. Suk Hyun (Yonsei University, Rep. of Korea) and Ha-Eun An (KoreaUniversity, Rep. of Korea) / Presentation title: Study on the impact of market competitionand environmental risks on ESG activities and value of a firm
Presentation 6. (Online) Dharish David (SIM-Global Education, Singapore) and Sanjana
Bernadette Williams (Economic Research Institute of ASEAN, and East Asia (ERIA),Indonesia) / Presentation title: Private Sector ESG Investments in companies andCorporate Reporting in ASEAN

Presentation 7. Sakib Bin Amin (North South University, Bangladesh) / Presentation title:
Role of Banks and Non-Banking Financial Institutions in Accelerating ESG Investments:
Perspectives from ASEAN
Note: (Each presentation is 10 minutes, 20 minutes for discussion and Q&A)

Lunch Break: 1 Hour

Session 2Session chair and co-host: Yoshiaki Ushifusa (Kitakyushu University, Japan)
Keynote speech. (Online) Naoko Nemoto (Waseda University, Japan) / Presentation title:
ESG Investment and Revitalization of the regional economy
Presentation 8. Joni Jupesta (United Nations University-Institute of Advanced Studies of
Sustainability (UNU-IAS), Japan)/ Presentation title: ESG Governance in Southeast Asia:
Nature Positive Investment in Indonesia
Presentation 9. (Online) C. T. Vidya (Centre for Economic and Social Studies, India) /Presentation title: Climate Risk and Sustainable Investing in Asia
Presentation 10. (Online) Cedric Rimaud (Anthropocene Fixed Income Institute,Singapore) / Presentation title: The several colors of Greenwashing in the sustainablefinance market
Presentation 11. Marissa Malahayati (National Institute for Environmental Studies, Japan)/ Presentation title: Exploring the Determinants of Green Bond Performance in Asia: theExternal & Internal Factors
13:00 – 15:00
Japan Standard Time

Coffee Break (10 minutes)

Presentation 12. Satoshi Honma (Tokai University, Japan) / Presentation title: Japan’sGreen Transformation Policy Challenges and ESG Investments
Presentation 13. (Online) Yue Tang (Southwestern University of Finance and Economics
SUFE, China) / Presentation title: Can Capital Market Liberalization Improve Corporate
ESG Performance? Evidence from Shanghai-Hong Kong Stock Connect
Presentation 14. Dian Lutfiana and Ms. Citra Endah Nur Setyawati (Economic ResearchInstitute for ASEAN and East Asia - ERIA) / Presentation title: Strengthening
Environmental, Social, and Governance (ESG) investment in Indonesia: A Policy
Perspective
Presentation 15. (Online) Hassanudin Mohd Thas Thaker (UCSI, Malaysia) / Presentation
title: Recent SDGs and ESG Implementation by Qatar
Note: (Each presentation is 10 minutes, 20 minutes for discussion and Q&A)

Session 3Session chair and co-host: Satoshi Honma (Tokai University, Japan)
Presentation 16. (Online) Yener Coskun (SDA Bocconi School of Management, Italy,
Capital Market Board of Turkey and TED University, Turkey) / Presentation title:
Problems of ESG Rating in Developing Markets
Presentation 17. Muhammad Mohsin (Jiangsu University, China) / Presentation title: ESG
scores, green washing and green bonds yield
Presentation 18. (Online) Ikboljon Kasimov, Hayot Berk Saydaliev, and Umid Abidhadjaev(Institute of Forecasting and Macroeconomic Research, Uzbekistan) / Presentation title:
Unlocking the Potential of Foreign Direct Investment to Reduce Energy Intensity
15:00 – 16:50
Japan StandardTime

Presentation 19. (Online) Kemel Toktomushev (University of Central Asia, Kyrgyzstan) /Presentation title: ESG in Kyrgyzstan: A New Way Forward?

Coffee Break (20 minutes)
Presentation 20. (Online) Fateh Belaid (King Abdullah Petroleum Studies and ResearchCenter, Saudi Arabia) / Presentation title: What role does energy efficiency play inclimate mitigation in Saudi Arabia?
Presentation 21. (Online) Jerome Mayaud (Spare Labs, Canada) / Presentation title: The
social and environmental impact of on-demand microtransit in Japan
Presentation 22. (Online) Umer Shahzad (Anhui University of Finance and Economics,China) / Presentation title: Is there any market state-dependent contribution from
Blockchain-enabled solutions to ESG investments?
Note: (Each presentation is 10 minutes, 20 minutes for discussion and Q&A)

Next step (by the editors):
16:50 – 17:00
Japan Standard
Time

Troy Sternberg (University of Oxford, UK)
Farhad Taghizadeh-Hesary (Tokai University, Japan)