Kwok Quek Sin, an MAS executive director said “Some may say that this is all only talk and only hype, more form than substance. I agree that this is mostly true.” in a recent webinar hosted by Nanyang Technological University. However, he says that such hype is necessary to gain awareness and mainstream interest and hence must be taken advantage of.
Here is the article on the same published in finnews.asia for your reading: https://www.finews.asia/finance/35248-mas-on-esg-hype-cannot-last-forever