Ping An pledges support to Sustainable Development Goals

Insurance giant to sponsor global innovation lab in support of UN initiative

Ping An pledges support to Sustainable Development Goals

Insurance News

By Gabriel Olano

Ping An Insurance (Group) Company of China Ltd has announced that it will be a financial technology partner of UNLEASH 2019, the global innovation lab for sustainable development.

UNLEASH, which will be held from November 06 to 13 in Shenzhen, China, aims to bring together a cross section of the world’s top talent between the ages of 20 and 35, including more than 1,000 academics, entrepreneurs, and technical experts to create solutions to address the United Nations’ Sustainable Development Goals (SDGs), Ping An said in a statement. The SDGs were agreed on in 2015 by all UN member states to make the world become a better place by 2030.

“Innovation for sustainable development is at the heart of Ping An’s strategy. We are excited to be able to share with UNLEASH the lessons we have learned from the innovative technologies we have implemented in China,” said Jessica Tan, Ping An Group co-CEO. “We look forward to working with participants from more than 160 countries and regions, as well as over 200 enterprises and institutions at home and abroad to offer solutions for global sustainable development.”

According to Ping An, it is committed to partnering with stakeholders to promote a “green” environment, a harmonious society, and a sustainable economy.

This year, Ping An said that it is the first asset manager in China to become a signatory of the United Nations-supported Principles for Responsible Investment (PRI). It was selected for the 2019 Dow Jones Sustainability Emerging Markets Index (DJSI), the first insurance company from mainland China to be included. Ping An is also the third largest constituent in the Hang Seng China Enterprises Index (HSCEI) ESG Index.

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