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.
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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.