The City of London Corporation, under the banner of the UK-China Green Finance Centre, is delighted to publish a new report exploring work between the UK and China on Environmental, Social and Corporate Governance (ESG).
The report Resilience: Lessons to Scale Responsible Investing, compiled by pension/investment consultant firm Mercer, explores how asset owners and managers are taking steps to allocate capital to sustainable solutions.
The report builds on interviews with leading investors in both the UK and China, including recognised global leaders in ESG integration and climate change investing. The report addresses three critical prerequisites to support more institutions to enhance the scale and sophistication of their sustainable investment allocations, including:
The report calls for more regular dialogue between UK and Chinese investment practitioners under the banner of the UK-China Green Finance Centre. This dialogue would focus on advancing the frontier of responsible investing for UK and Chinese investors ahead of COP26, the United Nations Climate Change conference.
Sir Roger Gifford, co-chair of the UK-China Green Finance Centre said:
“As the world begins to recover from the COVID-19 pandemic, it is vital that investors play their part in ensuring that the recovery is green and sustainable.
The UK and China have been leaders in green finance globally for many years, and it is only right we also play our role in continuing to drive this agenda at this crucial time, helping chart a sustainable pathway to recovery.
I hope that this report encourages leading asset owners and asset managers in the UK and China to come together and scale sustainable asset allocations.”
The UK-China Green Finance Centre was formed from the long-standing partnership between the City Corporation’s Green Finance Initiative (which ran from 2016 to 2019) and Green Finance Committee (GFC) of the China Society for Finance and Banking.
The Centre works to enhance UK and China green finance cooperation to accelerate the global transition to an environmentally sustainable future.