Asian life insurers back ESG scoring despite S&P pullback

Leading Asian insurers believe they can shoulder the load of ESG measurement independently, stressing quantitative and qualitative analysis will together remain their focus in sustainable investing. Their remarks follow rating giant S&P Global's August 4 decision to stop including ESG scores in credit ratings, though it would maintain narrative ESG analysis in credit ratings and standalone company ESG scoring services. “This is an area where institutional investors can demo…