Financials Aug 03, 2021 01:26 AM (GMT+8) · EqualOcean
In recent years, with the continuous promotion and practice of the development concept of domestic green finance, investment products related to ESG (environment, society and Governance) have gradually attracted attention and become the field of asset management. By the end of July, the scale of relevant products issued by domestic commercial banks had reached nearly 10 billion yuan this year. Chen Xuehua, a researcher of Puyi standards, said that with the concept of sustainable development and green development gradually gaining popularity, the ESG industry will have more development prospects. At the same time, the issuance of the product will also help banks to realize product differentiation. In the future, the return of ESG themed products is likely to be higher than that of ordinary products for a long time, and the ability of the products to resist risks will also be improved.

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