Speaker 1
Paolo Sardi (Luxembourg)
Founding Member and Chief Executive Officer - ECPI
Title
Chinese Sustainability Indices
Description
The Chinese government has clearly recognized the need for action to address some of the difficulties caused by its economic boom. Issues relating to land and water use, polluting industries and climate change, occupational health and safety as well as corruption and transparency figure increasingly on the country’s political agenda.
In line with its 11th Five-Year Plan (2006-2010), the government is investing heavily in a number of key areas in an effort to achieve social, environmental and economic sustainability. The use of Environmental, Social and Governance (ESG) ratings to better select investments, meanwhile, is increasingly popular among all classes of investors, from banks and asset managers to pension funds and foundations. Chinese investors is likely to follow this trend and the Local Regulator will foster such growth, creating an opportunity for the best positioned companies (and therefore their investors) to outperform.