Ping An sees China's new ESG norms boosting transparency
The Chinese insurance giant says China’s first ESG reporting standard for the insurance industry will push for better sustainability practices, especially for small and medium-sized companies.
Ping An Insurance expects China’s new ESG disclosure standard for insurance companies to improve the $4 trillion industry’s transparency across environmental, social, and governance metrics.
Acknowledging ESG as an important bridge for China to participate in international best practices on governance, the country’s top insurance association also hopes the standard could help integrate the nation’s industry into international markets and facilitate greater understanding of Chinese…
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