Cathay Life says its ESG drive is the real thing
ESG initiatives in Asia often tend to be a lot of hot air but at Taiwan's Cathay Life it is at the heart of the investment decision-making process, its CIO tells AsianInvestor.
Institutional investors in Asia are increasingly following environmental, social and governance (ESG) guidelines but, unlike many of them, Taiwan’s Cathay Life says it is doing it for more than just appearance's sake.
The remark echoes what the panel speakers said at an AsianInvestor event last month. One key message was that ESG, essentially, is still regulation-led in Asia, with investors mainly embracing it because they have to, rather than because they necessarily want to.
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