China Pacific CIO urges slower ESG adoption
There's a potential social and economic price to be paid for ESG, delegates heard at an AsianInvestor event, which otherwise underlined growing interest in environment, social and governance principles.
China’s third-largest insurer, China Pacific Insurance Company (CPIC), believes the government should adopt a more measured approach when it comes to encouraging the corporate sector to embrace environmental, social and governance (ESG) principles.
Speaking at AsianInvestor’s 6th Insurance Investment Forum in Hong Kong last week, Benjamin Deng, group chief investment officer at CPIC, said there is a determined drive to push Chinese companies to embrace ESG more fully. But there is…
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