ESG with Chinese characteristics? Ping An upgrade puts green scores in context
China has its own green taxonomies. So Ping An has devised a framework that finally compares apples with apples.
One of China’s largest asset owners, Ping An Insurance, has recently upgraded its proprietary ESG evaluating and scoring system, adding indicators that will better assess portfolio performance based on China’s green taxonomy and latest policy developments.
Adding indicators such as "green revenue" and "inclusive growth”, it has also removed certain climate-related indicators that are rarely disclosed in China, and added a “disclosure versus performance” score.
Ping An is also de…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.