Home News Feed Ping An Insurance to stop financing high pollution industries

Ping An Insurance to stop financing high pollution industries

Ping An Insurance Group has become the first major Chinese asset owner this year to openly declare that it will stop financing high pollution and high energy consumption industries as part of its efforts to combat climate change and become an active global influencer in the ESG space, according to The Asset. The insurance giant’s statement, contained in its 2019 sustainability report released on March 5, is perhaps the boldest statement aimed at addressing climate change made by an asset owner from China which still relies on coal power plants for most of its energy requirements.

Most Popular

Martina McPherson Joins Moody’s – MISA (ESG)

Martina McPherson has joined Moody's Investors Service as Senior Vice-President, Strategic Partnerships and Engagement for Moody's MIS Assessments (ESG). The MIS Assessments...

Mirabaud Doubles Down On Growing Trend for ‘Lifestyle’ Impact Funds

Mirabaud Asset Management has launched its second private equity solution focusing on "lifestyle impact and innovation", following in the footsteps of...

Aviva Appoints Ed Dixon New Head of ESG, Real Assets

Aviva Investors has confirmed the appointment of Edward (Ed) Vaughan Dixon in the newly created role of Head of ESG, Real Assets.

Ethical Intelligence Partners with Reuters on ESG Investment Summit 2020, Launches First Webinar

Ethical Intelligence is delighted to partner with Reuters for the inaugural ESG Investment Summit Europe, taking place in London on May...

BlackRock hires Amar Gill as Head of Investment Stewardship for Asia

The world's largest asset manager, BlackRock, has appointed former CLSA banker Amar Gill as its new Head of Investment Stewardship for Asia Pacific, based...

Wells Fargo Asset Management Launches Municipal Sustainability Fund

Wells Fargo Asset Management (WFAM) this week launched the Wells Fargo Municipal Sustainability Fund, the latest innovation in its bid to...

Caroline Le Meaux Joins Amundi

Caroline Le Meaux, the former head of delegated management at French public institution Caisse des Dépôts et Consignations (CDC), has joined Amundi...

Edinburgh Investment Trust Hires Majedie’s James de Uphaugh, Citing Responsible Investment Approach

Edinburgh Investment Trust, a member of the FTSE 250, has sacked Invesco's Mark Burnett as its investment manager, following three years of...

Head of Swiss Association for Responsible Investments to Step Down

The Managing Director of the Swiss Association for Responsible Investments (SVVK-ASIR), Jacqueline Oh, has announced her planned departure in June 2019 to...

BlackRock Urges Sustainable Taxonomy – But At What Cost?

Amid the global furore around 'greenwashing' (the misleading or inaccurate labelling of sustainable finance products) and following criticism of the European...

INSIGHT: Get ready for the EU Green Taxonomy with Impact Cubed’s Arleta Majoch

“Sustainability creates the opportunity for a lot of beautiful storytelling – imperfect as the taxonomy may be, it addresses a real need...

JP Morgan Jumps on the Climate Change Bandwagon

In February, JPMorgan Chase became the latest big name to jump on the ESG ship, pledging US$200 billion towards advancing the...

INSIGHT: In Conversation with Dr Steffen Hörter, Global Head of ESG for Allianz Global Investors

In a week of turbulence around the EU Green Deal, with the UK and France blocking progress on the taxonomy and...

CBI’s Sean Kidney: COVID-19 could teach us how to better respond to the climate change challenge

Join us for the latest Ethical Intelligence Podcast with Climate Bonds Initiative (CBI) CEO Sean Kidney, in which we delve deep...

Lazard AM appoints Jennifer Anderson and Nikita Singhal as Co-Heads of Sustainable Investment and ESG

NEW YORK/LONDON: Lazard Asset Management (LAM) today announced the appointment of Jennifer Anderson and Nikita Singhal as Co-Heads of Sustainable Investment and...
Stay updated

Get the most relevant ESG
updates delivered direct to
your inbox every week.
Sign up now
to the Ethical Intelligence

Stay updated with all the latest ESG news & much more.
Welcome to Ethical Intelligence!  We are delighted you are here, and we hope you enjoy our approach to ESG information.  Just to let you know, we are a subscription site, so you are welcome to read up to 10 of our informative ESG articles with no charge.  After that, we ask you to sign up for one of our very reasonably priced subscription packages.  You can do that via the subscribe button on the main menu below, or from the subscribe page you will see after your 11th article click.
Social Media Auto Publish Powered By : XYZScripts.com