IIGF releases Great China ESG100 Index
A few days ago, the International Research Institute of Green Finance of the Central University of Finance and Economics released the "Great China ESG100 Index" in coperation with Sina Finance.
According to reports, the "Beauty China ESG100 Index" is a follow-up to the "Shanghai-Shenzhen 300 Green Leading Index", the "China Finance-China Securities Shenzhen-Hong Kong Stock Connect Green Preferred Index", and the "CSI-China Finance Shanghai and Shenzhen 100ESG Leading Index". The Institute released another stock index with ESG as its core investment philosophy. It is understood that this index is the first ESG index in China covering Shanghai, Hong Kong and Shenzhen. It is also the first ESG index published by universities and media in cooperation. While further improving the domestic ESG-related index system, it also provides a measure for investors. A new scale for cross-shore capital flows.
In recent years, the international capital market has shown strong interest in the ESG investment concept. Many institutions have introduced the ESG concept into the company's research and investment decision-making framework and have actively implemented it. As MSCI enters the Chinese market and domestic ESG-related policies are gradually mature, Chinese investors ’attention to ESG has also gradually increased. However, due to the late start of ESG investment in China, ESG evaluation methods and evaluation systems are still lacking. The "Good China ESG100 Index" released this time uses the localized ESG assessment system independently developed by China Finance University Green Gold Institute, which uses qualitative and quantitative indicators of environmental protection, social responsibility, and corporate governance in three dimensions, as well as the company's negative behaviors and risks Comprehensively measuring the ESG level of enterprises, while enriching China's ESG-related indexes, it also provides investors with standards and investment guidelines for measuring the ESG level of enterprises.
Ma Xianfeng, deputy director of the Green Finance Committee of the China Finance Association and deputy dean of the China Securities Regulatory Commission of the China Securities Regulatory Commission, said that ESG, as a new investment concept, is not a replacement for value investment, but a new development of value investment The transformation and upgrading of value investment to adapt to the changes of the times is conducive to guiding the development of institutional investors in China and forming a rational investment; selecting companies to allocate resources can prevent environmental and social responsibility risks, and enhance stable returns on investment. Sustainable development will also have a positive effect.