Shenzhen, August 1, – Governance Solutions Group (GSG) today announces its comprehensive investor and executive training cooperation with the China Capital Market Institute (CCMI). Part of a Tsinghua School of Economics and Management and CCMI’s executive training curriculum.
Their inaugural event commenced at CCMI’s Shenzhen HQ with Dr. Dequan Wang (GSG’s CEO) illuminating the audience with how this continuous ESG investment momentum is now leading talent and growth across all sectors and will be the perpetual driver in China as well.
ESG investment (referring to the full incorporation of environmental, social and governance factors into the decision-making process) is now beyond mainstream. In fact, the UN supported Principles of Responsible Investment (PRI), the world’s most influential ESG investment NGO, has already attracted more than 3,000 signatories and $100 trillion AUM across 60 countries. A clear indication that ESG integration is now imperative for asset managers to attract sustainable investment growth.
In this initial training, Dr. Wang gave a detailed account of the development trends, risks and opportunities of ESG investment at home and abroad for more than 100 listed companies and leading financial industry talent. He explained the three major domestic challenges (e.g. insufficient awareness, research and disclosure) and elucidated in detail on how domestic institutional investors practice ESG investment and due diligence as well as how issuers develop and implement sustainable development strategy, among other issues. Students attending were controllers, chairman and chief executives of 51 listed companies as well as senior executives from 50 asset management and financial firms.
“China’s policy direction for the development of green finance has been very clear, with the further opening up of China’s capital market and the accelerated allocation of foreign funds to China”, Dr. Wang stated. “And, we believe that ESG investment will usher in faster development in China, involving every type of market player, regardless of where they may be in their domestic investment life cycle, in order to capitalize on the burgeoning ESG development”.
About GSG: A data analytics enabled independent corporate governance and proxy voting advisor. Based in Hong Kong with offices in Beijing and Shenzhen, covering the PRC Mainland and Hong Kong stock markets, advising institutional investors on corporate governance, proxy voting, as well as broader ESG and sustainable investment issues.
About CCMI: An education and training institution for the capital market, jointly organized by the CSRC and the Shenzhen Municipal Government. Supported by numerous China based bourses, including Shenzhen and Shanghai Stock Exchanges as well as China Securities Registration and Settlement Corporation, CCMI’s purpose is to provide a world-class academic base and research center to promote sustained intellectual support and preeminent training in order to foster talent and further develop China’s capital market.