Artificial intelligence tools can help investors assess company emissions and identify those overstating their sustainable credentials, argues Ping An Insurance.
The Chinese insurance group says there are “perverse incentives” for selective non-disclosure of climate risks, which could potentially lead to greenwashing.
Timothy Chan, CIO of Ping An Insurance, shared his 2021 investment focus with AsianInvestor as the insurer aims to take advantage of China's latest five-year plan.
The three investment organisations have been investing into internal technology and data through the pandemic period to become more efficient and spot investment possibilities.
The Chinese insurance group is looking to leverage on Beijing's plans to boost healthcare, rental housing and transportation infrastructure.
With spreads on Asian junk bonds having widened sharply, are they a good bet, despite widespread concern over expected corporate defaults in the coming months?