ADB's New Procurement Framework: What's the Latest?

Jeff Taylor in this presentation shared the changes to ADB’s procurement approach to deliver benefits and flexibility throughout the procurement cycle. He discussed the renewed focus on the concepts of value for money and fitness for purpose to save time and bring private sector and hi-tech solutions into more projects.

This event is part of ADB's in-house Insight Thursday lecture series.

Certification and Labels

Labelling prevents market failures stemming from the inability to distinguish green products, services, and processes from others. This session explores the demand for eco-certification and labels in sustainable manufacturing, sustainable agriculture, and fisheries. It also covers other voluntary approaches such as industry codes of conduct, statements of policy and principle, and best practice guidance.

Corporate Governance: Challenges and Opportunities in Asia

Corporate governance, and not just the strength of the balance sheet, is currently considered as an established investment criterion. Good corporate governance has become equally important in both public and private sectors. Among the corporate governance challenges that were identified across the board, the protection of minority shareholders’ rights is the most significant.

ASEAN Corporate Governance Scorecard

There is increasing recognition that corporate sustainability and resilience hinges on good corporate governance making it an important factor in investment decision making. Developed by ADB in partnership with the ASEAN Capital Markets Forum, the ASEAN Corporate Governance Scorecard can be used as a diagnostic tool to improve corporate governance standards in specific Association of Southeast Asian Nations (ASEAN) countries and across the wider ASEAN region. However, the need to make the scorecard relevant to the private sector remains a challenge.