The New ‘S’ in ESG (in 2023) is Security: Jane Fraser, CEO of Citi Group

Love the Bloomberg Zero Podcast, probably the best podcast series on climate change and such an education for the impact entrepreneurial hack in me.

Now time for Dr Akshat Rathi’s book on solving the biggest crisis of our generation. Released right before COP 28, I look forward to delving into the book for practical insights on configuring solutions for the climate zeitgeist.

Picked this book up at Kinokuniya bookstore at KLCC on Diwali. KL has a solid set of bookstores for the nerd in me.

At one of greatest sites of diaspora Hinduism, the Murugan Kovil at Batu Caves, Malaysia is a celebration of an Indic imagination beyond the imagination of the post colonial nation state.

The young Nepalese men speaking in Bhojpuri caught my attention, as many were trying to make reels, influencer style.

The Nusantara is a major branch of the Ummah and support on the street for the Palestinian cause is not surprising from KL to Jakarta.

Festivals are occasions which are a rupture in our everyday modernity to remind ourselves of tradition and it’s various iterations and ramifications. The fervour with the thumping music, the women lining up for henna and the sweet stalls buzzing with customers packing for Deepawali/Diwali in the Brickfields area of Kuala Lumpur was stunning as normally for a person on the move such as me, the festival event is usually a clutch of photos on the digital. As cultural event, Deepawali has great significance for me, growing up in a liberal Hindu family. As I walked around temples in the Brickfields area, the posters in Malay announcing celebrations for Diwali with Tamizh was a sense of an anchor in a past moving world, where dopamine hit exhaustion is the normal. The cracker stalls was a trip down childhood with the loud crackers going off around me was a necessary note, that not all innocence is lost in the woke era.

Wishing all friends a blessed festival of lights. Binge on the mithai and the murukku.

Diwali Ki hardik subhkamnaye.

Deepawali Valthukkal Makkal.

Nasi Liwet at Menara Standard Chartered

Channelling Jakarta, a book by AbdouMaliq Simone

To walk a city is to know one sensorially, and to eat through it gives a snapshot of the place. A lot of times on Jalan Sudirman with the dedicated bus lanes and the traffic, it felt like Pune and places such as Chakala in Andheri in Mumbai. A true mega city of the Global South, Jakarta is a treat for the senses as most mega urban conglomerations of thirty million plus populations. My engagement with Indonesia is old, my boss at NTU in 2011 was from Makassar and wrote his book on the New Order Technological Politics of BJ Habibie. He introduced me to Indonesian fare at Orchard Road and I have been to Jakarta and Bandung in 2012. I worked on a research project with Airport workers in Jakarta during my first PhD stint at NUS. Indonesian diasporas are seen everywhere from Dubai to Singapore to KL.

The Warungs by the streets were tapri’s from my hometown of Mumbai, the energy at every corner is evident. The posh malls have great local and global fare often at a fraction of the price in Singapore, albeit at the same outlet. Food as a lens connects, to create connections of the heart through the stomach.

Good to be quoted in Malaysia’s leading weekly- The Edge in their special issue on ESG.

Thank you North South Initiative and Adrian Sir for the kind opportunity. North South Initiative is a leading CSO in Malaysia on BHR issues.

ESG ratings or disclosure data is the symptom of the phenomenon rather than the actual drive towards net zero or climate adaptation. Disclosure frameworks shape ESG culture as it is a compliance risk as it veers towards legal risk. Anything legal drives change on the ground. Is it the change which the climate intellectual class want, the answer is a like negative as businesses will treat ESG as compliance, and that will be its material implication as businesses are here to serve their customers and draw a return on investment.

ESG disclosure frameworks if considered for what they are that is as a trust building method by fostering transparency will serve the ecosystem better. ESG data are weak signals for a black swan event, anyone who has read the Bhopal Gas Tragedy case study will understand the reasons for disclosure as an early warning system.

Disclosures have their own in built set of risks, in particular green washing which can be remedied by robust reasonable assurance. A few sectors such as power and energy are under the transition heat, and will encounter the a large pivot from BAU. The treat of climate litigation to their boards will increase the magnitude of risk. The quality of data or the lack of it, including tick box yes or no answers add to the ESG risk.

The shift towards ESG disclosure itself is a big shift from voluntary CSR which is still corporate philanthropy without major systemic ripples. We have learnt from the digital wave that data is the new oil (but for whom?) and that data is culture. The convergences between digital and ESG are significant.

The Fridge of Bangladeshi Mishti in a migrant ethnic supermarket that feels like a space of belonging.

The Edible Turn in Migration Infrastructure needs to be tasted oops written about ☺️

As an academic outsider at best into Gulf Studies but a cultural insider from Al Khuwair, growing up with Swahili Speaking Al Rawahy’s and Al Barwani’s in Muscat/ I thoroughly appreciate the talk by Dr Nathaniel at the UVa History Department Webinar Series, which has been a leading learning resource.

Love the methods slide!