Panellists discussed the status quo of ESG ratings and how regulations act as a key driver of ESG integration within the scope of China and Europe at SRP China Digital Conference & Awards 2020 on 2 December.
As a vigorous market is being developed for ESG scoring and rating services, their wide availability can be daunting and has created a ‘headache’ for Yonggang Zhao ( pictured ), director of R&D at China Securities Index (CSI). The diversity reflects the complexity of ESG quantitative and qualitative factors, which depend on information disclosure and each rating agency’s value preference, respectively, said Zhao, pointing at how ESG theories have evolved – from moral