ARE is an independent ESG risk and strategy consulting firm integrating sustainability and governance factors into processes for investors, banks, companies and not-for-profits.

Clients benefit from a network of partners and researchers across Asia that provide in-depth analysis that emphasises the financial relevance of these issues.

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Collaborative Investors



Company Engagement Meetings





since 2015


Selected Publications


Focus areas

Evolution of responsible investment and finance

Financial impacts of climate change

Sustainable supply chains

Sustainable real estate and infrastructure

Corporate governance



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Company-centred analysis

Sustainability factor analysis

Thematic / issue centred analysis


Economic estimations

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Development of materials and framing

Leading dialogue with companies

Identification of relevant investors

Issue identification and company selection

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Responsible investment policy development

Sustainable finance policy development

ESG framework development

Horizon scanning

Issue analysis and financial relevance

Responsible investment/finance training


partners & Memberships

  • GRESB: ARE is a Premier Partner and represents GRESB in Asia ex-Japan  
  • PRI: UN-backed Principles for Responsible Investment (PRI) signatory
  • Global Compact Network Singapore member
  • raiSE Singapore registered social enterprise
  • MAS Exempt Person Providing Financial Advisory Services


The Team

Benjamin McCarron
(Managing Director)

Benjamin is a leading expert in responsible finance. A former fund manager, he has over 16 years’ experience in mainstream finance and sustainability. He founded ARE in 2013 to address the gap in high quality, independent research on responsible finance in Asia. He is also a specialist consultant for the Asian Corporate Governance Association (ACGA).

Xinying Tok
(Senior Manager)

Xinying has over 12 years' experience working in banking, consulting and sustainability. She focuses on issues around Green Finance, Sustainable Cities and Clean Transportation in Asia.  In 2017, she was a Fellow at the Climate Strategies Accelerator run by Packard Foundation, Oak Foundation and Good Energies Fund focused on philanthropic strategies to mitigate climate change. She joined ARE in July 2018.

Jeehee Moon
(Junior Research Analyst)

Jeehee provides research and analytical support on ARE's engagements. She had previously supported ARE as a Korea-based contract researcher, and joined the team full time in Singapore in July 2018. She brings with her experience in fixed income research, consulting, and trade promotion.

Timothy Tan
(Research & Operations Analyst)

Timothy has over 6 years’ experience in consulting, project management and transaction banking, most recently at a leading international bank.  He joined ARE in April 2017 focusing on research and training projects, and supporting operations .



Asia Research and Engagement Pte Ltd
60 Anson Road #17-01, Singapore 079914


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