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Environmental, social and corporate governance (ESG) and sustainable investing (SI) are central topics for policymakers, institutional investors and corporates. According to a 2017 study by BNP Paribas, 46% of asset owners plan to have 50% or more of their investments in funds that incorporate ESG or responsible investing. Investors are increasingly investing based on the ESG profiles of the investee companies and using green, sustainable bonds (52%). Asia-Pacific investors are leapfrogging their regional counterparts. Despite the positive developments, there is still much work to do and challenges to overcome. A lack of robust ESG data is the biggest issue for asset owners and asset managers. The biggest reason why ESG is not part of investment decision-making today is a lack of clarity over how to define it. In November 2017, the European Investment Bank and the China Green Finance Committee presented a project to facilitate the establishment of a common language in green finance.