HONG KONG, Sept. 4, 2020 /PRNewswire/ — Governance Solutions Group (GSG) today announces Shanghai Finance Institute (SFI) as a new minority investor.
GSG, an AI-enabled Governance and ESG advisor has partnered with SFI, a Shanghai based think tank dedicated to financial policy research, chaired by Mr. Tu Guangshao. As a former leader at the CSRC and the China Investment Corporation, Mr. Tu has been the primary architect of the GSG partnership.
SFI’s mission with the GSG venture is to further enhance China focused sustainable investment exploration and progress. “We are honored to cooperate with SFI in a number of areas, including responsible investment research, ESG rating advisory and related policy development,” states Dr. Wang Dequan (Davis), CEO of GSG.
China’s ESG investment development accelerates
Mr. Tu submitted a proposal on “Exploring the establishment of Chinese standards for ‘responsible investment’ to vigorously promote China’s ESG investment practices”.
The proposal suggests