ESG investment has become a fast-development phenomenon in China. What are the key drivers and how sophisticated are different players? Dr Dequan Wang, founder and CEO of Governance Solution Group shares his observations.
20 July 2020
It may be a surprise to you, but ESG is among the hottest topics in the Chinese investment community these days. A total of 48 Chinese organisations have become PRI signatories and 3 quarters of them are asset managers. Quite a number of ESG initiatives have been launched by regulators, trade associations and market players. This is a big contrast to things just a couple of years ago when the ESG concept was rarely known in China.
ATC Initiative interviewed Dr Dequan Wang, Founder and CEO of Governance Solution Group, who gave his first-hand observation and assessment as to the progresses, key drivers and major issues in Chinese ESG investment.
“I think to summarise the two main drivers for the ESG investment from policy to practice in China, is from the Chinese policy makers and the international investment, international capital inflow.