By Geoffrey on September 21, 2018
On September 21, 2018 China Money Network reported: “The 2018 Green Finance Forum & Launch of the Hong Kong Green Finance Association was held at the Hong Kong Stock Exchange today, which marked the official launch of the non-for-profit organization Hong Kong Green Finance Association (HKGFA). Over 300 delegates from the HKGFA members, policy, businesses, non-profit organizations, academia and media attended the event to celebrate the occasion. The Association aims to establish Hong Kong as a leading international green finance hub.”
You may read the article on the China Money Network internet site.
Posted in 2018, China, Finance
By Geoffrey on September 14, 2018
On September 14, 2018 Beyond Ratings published a research note on the role of ESG factors in sovereign risk analysis.
The executive summary explains: “The rationale to include ESG factors in sovereign risk analysis is based on increasing global recognition of their role to play in sustainable development. Some progress was made in the first decades of the millennium. Governments, international organisations and civil society were mobilized to implement more inclusive policies, to diminish poverty and starvation and to ensure environmental sustainability.
What is different nowadays is the international consensus about sustainable development.
In this context, Beyond Ratings believes that it is now very important to assess ESG performance in sovereign risk analysis and aims to offer answers to the following question: how do ESG factors affect the long-term performance of economies? This question will be explored through a series of research notes, including this one.
The main goal here is to have a comprehensive view of the very long-term sovereign risk and to provide information to investors that not only considers economic and financial performance, but also factors affecting long-term sustainability, for instance sovereign risk.”
You may read the research note on the publications page of the Beyond Ratings internet site.
Posted in 2018, Fixed Income, Research