Three types of pension insurance funds reach 13 trillion ESG investment or become a new track

Securities Times e company news, the Chinese Academy of Social Sciences Social Security Forum and the “China Pension Development Report 2021” release ceremony was held in Beijing a few days ago. Authoritative figures in the industry have heated discussions around “pension funds and ESG investment”. According to reports, the current three types of pension insurance funds in my country have reached 13 trillion yuan. Entering the ESG (environment, society, and governance) field will find more good investment opportunities, enhance the ability to maintain and increase value, and better cope with the aging of the population. Tang Jisong, vice president of the Chinese Society of Social Insurance and former director of the Social Insurance Fund Supervision Bureau of the Ministry of Human Resources and Social Security, said that pension insurance is related to the national economy and people’s livelihood. The participation of pension funds in ESG investment can improve economic and social benefits, and ESG investment contributes to the high-quality and sustainable development of pension funds. (Economic Information Daily)