The ESG-focused agency said China's drive for more responsible investing would be enhanced by some of its asset owners becoming signatories of its investing principles.
Investment executives say focusing on environmental, social and governance factors is beneficial for portfolios, but that better data is needed to convince Asian investors.
Moody's, Standard & Poor's and several local rating agencies – including China's Dagong – have agreed to consider environmental, social and governance issues when deciding on ratings.
AsianInvestor and Northern Trust Asset Management hosted a live webcast exploring whether the fossil fuel debate is hot air or a real threat to asset owners.