ESG building traction among Hong Kong asset owners

Hong Kong’s institutional investors have been slow to adopt global standards of environment, social and governance (ESG) such as the UN Principles of Responsible Investment (PRI), relative to other parts of the region. But this looks to be changing as Hong Kong’s asset owners begin to engage with the PRI, a United Nations-affiliated agency, and consider their responsibilities as global investors. This follows Hong Kong-based life insurer AIA Group’s recent decision to become a s…