London Stock Exchange welcomes new partnership between FTSE Russell and Ping An
FTSE Russell, an LSEG business, today announced its partnership with Ping An in creating the FTSE Ping An China ESG Index Series.
The new index family combines Ping An’s China-specific ESG data and FTSE Russell’s leading China benchmarks, and is based on the FTSE China A Free Index, which is a comprehensive and representative benchmark of the China A Shares market.
Representing the world’s second largest economy, China plays a critical role in meeting global sustainability goals. A significant part of the effort required to achieve this will be in applying rigorous environmental, social, and governance (ESG) standards for Chinese corporations (A-shares) given the rapidly increasing global demand for sustainable assets. The Chinese sustainable market is no exception to this global trend and the inclusion of China A-shares into indices brings renewed attention and interest from global investors on sustainability performance.
The FTSE Ping An China ESG Index Series enables investors to access opportunities and orient capital towards companies with strong ESG performance in China’s dynamic and strategically important capital markets.
Chief Executive Officer FTSE Russell, and Group Head of Benchmarks and Indices LSEG, Arne Staal says:
“The expertise of both organisations will offer investors a differentiated approach to navigating the landscape for sustainable investment in China”.