[i] Daniel Walters & William Manson, “SEC will consider climate disclosure rules for US companies on March 21 – it’s already facing threats of lawsuits”, The Conversation, https://theconversation.com/sec-will-consider-climate-disclosure-rules-for-us-companies-on-march-21-its-already-facing-threats-of-lawsuits-178304.
[ii] Mark Eggleton, “ESG is a game changer for investors”, Australian Financial Review, https://www.afr.com/companies/financial-services/esg-is-a-game-changer-for-investors-20210528-p57w4g.
[iii] Yohei Muramatsu & Koya Jibiki, “Myanmar’s economy, once Asia’s last frontier, lies in tatters”, Nikkei Asia, https://asia.nikkei.com/Spotlight/Myanmar-Crisis/Myanmar-s-economy-once-Asia-s-last-frontier-lies-in-tatters.
[iv] Martin Farrer & Ben Doherty, “Ties with Myanmar military put pressure on Western companies”, The Guardian, https://www.theguardian.com/world/2021/feb/12/ties-with-myanmar-military-put-pressure-on-western-companies.
[v] Macrotrends, “Myanmar Foreign Direct Investment 1971-2022, Macrotrends, https://www.macrotrends.net/countries/MMR/myanmar/foreign-direct-investment.
[vi] Leo Lewis, “Kirin’s flawed exit from Myanmar tests the bounds of ESG”, Financial Times, https://www.ft.com/content/2f73a1d4-e9c9-41e0-90d8-bb05cf4e3b1b.
[vii] Joyce Lee & Cynthia Kim, “S.Korea’s POSCO C&C says to end Myanmar military-backed joint venture”, Reuters, https://www.reuters.com/business/skoreas-posco-cc-says-end-myanmar-military-backed-joint-venture-2021-04-16/.
[viii] Leo Lewis, “Kirin’s flawed exit from Myanmar tests the bounds of ESG”, Financial Times, https://www.ft.com/content/2f73a1d4-e9c9-41e0-90d8-bb05cf4e3b1b.
[ix] Foreign Correspondent, “Uncovering the shadowy business empire bankrolling Myanmar’s military generals,” ABC News, https://www.abc.net.au/news/2021-07-29/the-shadowy-business-empire-propping-up-myanmar-military-junta/100328162.
[x] Jacob Atkins, “Myanmar sanctions a tangled web for banks”, Global Trade Review, https://www.gtreview.com/news/asia/myanmar-sanctions-a-tangled-web-for-banks/.
[xi] Nikkei staff writers, “Asian majors keep Myanmar gas pumping despite EU sanctions”, Nikkei Asia, https://asia.nikkei.com/Spotlight/Myanmar-Crisis/Asian-majors-keep-Myanmar-gas-pumping-despite-EU-sanctions.
[xii] Ibid.
[xiii] Feliz Solomon, “Doing Business in Myanmar Is Tough, but Norway’s Telenor Finds That Leaving Isn’t Much Easier”, Wall Street Journal, https://www.wsj.com/articles/doing-business-in-myanmar-is-tough-but-one-company-finds-that-leaving-isnt-much-easier-11644845400#:~:text=Almost%20two%20dozen%20major%20foreign,Hotels%20SA%20are%20among%20them.
[xiv] The Irrawaddy staff writers, “Total, Chevron to Exit Myanmar Amid Rights Abuses,” The Irrawaddy, https://www.irrawaddy.com/news/burma/total-chevron-to-exit-myanmar-amid-rights-abuses.html.
[xv] David Hutt, “EU tarries on Myanmar oil and gas sanctions”, Asia Times, https://asiatimes.com/2022/01/eu-tarries-on-myanmar-oil-and-gas-sanctions/.
[xvi] Open Development Myanmar staff writers, “Extractive Industries Myanmar,” OpenDevelopmentMyanmar, https://opendevelopmentmyanmar.net/topics/extractive-industries/.
[xvii] Emma Connors, “TotalEnergies and Chevron exit Myanmar gas projects”, Australian Financial Review, https://www.afr.com/world/asia/totalenergies-and-chevron-abandon-myanmar-gas-projects-20220122-p59qf7.
[xviii] Reuters staff writes, “Chevon lobbies U.S. officials on Myanmar as sanctions pressure rises”, Reuters, https://www.afr.com/world/asia/totalenergies-and-chevron-abandon-myanmar-gas-projects-20220122-p59qf7.
[xix] David Hutt, “EU tarries on Myanmar oil and gas sanctions”, Asia Times, https://asiatimes.com/2022/01/eu-tarries-on-myanmar-oil-and-gas-sanctions/.
[xx] Reena Nathan, “PTTEP to become operator of Myanmar gas field: Update”, Argus Media, https://www.argusmedia.com/news/2312223-pttep-to-become-operator-of-myanmar-gas-field-update?amp=1.
[xxi] Matt Levine, “ESG Goes to War”, Bloomberg, https://www.bloomberg.com/opinion/articles/2022-03-09/esg-goes-to-war.
[xxii] Ryushiro Kodaira, “China exit? Russia crisis has businesses thinking the unthinkable”, Nikkei Asia, https://asia.nikkei.com/Politics/International-relations/Indo-Pacific/China-exit-Russia-crisis-has-businesses-thinking-the-unthinkable.
[xxiii] Andrew Jeong & Adela Suliman, “Koch Industries to stay in Russia, says exiting does ‘more harm than good’”, Washington Post, https://www.washingtonpost.com/business/2022/03/17/koch-industries-remain-russia-ukraine-war/.
[xxiv] Toma Mochizuki, “Business exodus from Russia has limited impact on Japanese economy”, The Japan Times, https://www.japantimes.co.jp/news/2022/03/13/business/corporate-business/japan-russia-business-exodus/.
[xxv] Kanoko Matsuyama, “Uniqlo Fast-Fashion Joins Russia Exodus in Reversal”, Bloomberg, https://www.japantimes.co.jp/news/2022/03/13/business/corporate-business/japan-russia-business-exodus/.
[xxvi] Katie Prescott, “BP to offload stake in Rosneft amid Ukraine conflict”, BBC News, https://www.bbc.com/news/business-60548382.
[xxvii] Economist staff writers, “How Gazprom helps the Kremlin put the squeeze on Europe”, The Economist, https://www.economist.com/business/how-gazprom-helps-the-kremlin-put-the-squeeze-on-europe/21807841.
[xxviii] Carlos Tornero, “UPDATED Storebrand axes Siemens Energy and Enel over Western Sahara links amid ceasefire breach”, Responsible Investor, https://www.responsible-investor.com/storebrand-axes-siemens-and-enel-over-western-sahara-links-amid-ceasefire-breach/.
[xxix] Bloomberg Intelligence, “ESG assets may hit $53 trillion by 2025, a third of global AUM,” Bloomberg, https://www.bloomberg.com/professional/blog/esg-assets-may-hit-53-trillion-by-2025-a-third-of-global-aum/.