Dr. Guo Peiyuan Attended AMAC and PRI’s Joint Event

On 17^TH of March, the Asset Management Association of China (AMAC) partnered with UN Principles for Responsible Investment (PRI) organized a joint event titled “Principles for Responsible Investment: ESG Defines New Investment Trend”. AMAC and PRI aimed to engage senior-level AMAC members on the rationale for responsible investment and inclusion of ESG factors. Introducing global best practice in responsible investment, the event focused on green investment and providing guidance for  investors. 

Mr. Hong Lei, Chairman of AMAC, delivered welcome remarks for the event; Mr. Martin Skancke, Chair of PRI, introduced how to implement responsible investment in his keynote speech; two panel sessions focused on how ESG investment can satisfy different objectives and available tools for green investment. SynTao Green Finance’s chairman, Dr Guo Peiyuan attended the panel discussion session and shared his insi*ght on green investment tools.

Mr. Hong Lei stated that the core value of responsible investment is sustainability, which involves three elements: long-term, value and the ability to grow. Currently, not only China but also the whole industry around the world are facing the problem of over-emphasizing short-term returns. An imbalanced trend in investment will be inevitable if things continued. From the perspective of asset management sector, the implementation of responsible investment requires eliminating short-termism in three aspects: underlying assets, investment tools and investors. We wish China can truly take in the conception of responsibility and incorporate the ESG approach into the investment process.

Source: AMAC

Mr. Martin Skancke then introduced PRI’s organizational structure, vision and operation. His speech focused on two topics: why we need a transformation to green economy and how Chinese investors can implement responsible investment. He further pointed out that, the increasing social impact and risk generated by environmental pollution is the major push for China’s green transformation. The six principles of PRI can better align sustainable development with investors’ needs. With the support of Chinese government, China’s unparalleled renewable energy industry and AMAC’s green investment tools, responsible investment will develop very fast in China.

Source: AMAC

Dr.Guo Peiyuan introduced the management of responsible investment fund globally in panel discussion. He advised that responsible investment funds in China should pay more attention to insurance, pension, young people’s financing services and foreign institutional investor etc. He also provided his answer to how responsible investor can deal with polluting enterprises.

Dr. Guo Peiyuan in panel discussion

The event attracted over 200 participants including leaders from AMAC, China Associaction for Public Companies, China Asset Management and other senior executives from related asset management institutions.

This article is based on related news from AMAC and Soho.