The International Finance Forum (IFF), often known as the F20 (Finance 20) in the global finance industry, recently awarded the"2022 IFF Global Green Finance Awards," with 20 organizations selected for the Annual Award and Innovation Award. China Asset Management Co., Ltd. (ChinaAMC) is the only mutual fund house from mainland China that earned this year’s IFF Annual Award.
This is also the second honor given to ChinaAMC, which was recognized with the "2021 IFF Global Green Finance Awards - Innovation Award".
The "IFF Global Green Finance Award" was initiated by the International Finance Forum (IFF) to recognize and reward institutions and innovative solutions that have made remarkable contributions to the field of global green finance.
The International Finance Forum (IFF) is a non-profit, unofficial, and independent international organization headquartered in Beijing, China. It was founded in October 2003 by leaders from over 20 countries, regions, and related international organizations, including China, the United States, the European Union, the United Nations, the World Bank, and the International Monetary Fund. The Jury of the IFF, or the F20, is composed of important leaders and elites from the financial and environmental sectors with global influence and authority at home and abroad, and has formulated scientific and rigorous award evaluation criteria and procedures based on full reference to extraordinary international practices. Following the principles of transparency, fairness and impartiality, the Jury conducted a serious and prudent review of the applications with necessary verification and comprehensive evaluation, and selected 10 organizations each for the Annual Award and Innovation Award.
ChinaAMC has long been avant-garde in responsible investment in China. As a member of the China Green Finance Professional Committee, ChinaAMC was the first mutual fund house in China to sign the UN Principles for Responsible Investment (PRI) in March 2017. It strived to become a supporting organization of the Task Force on Climate-Related Financial Disclosures (TCFD) in 2018, and stood up as the first Chinese asset management institution to join the Climate Action 100+ (CA100+) initiative and serve as a member of its Asian Advisory Board.
Besides, ChinaAMC is also the first Chinese asset manager to commit to a particular objective and pathway of "carbon neutrality". Adhering to the philosophy of "research creates value", ChinaAMC deeply integrates ESG consideration into its investment process. In 2020, ChinaAMC launched a China-focused ESG incorporated UCITS fund in collaboration with its European partner, NN Investment Partners (NN IP). NN (L) International ChinaA-Share Equity fund invests in Chinese equities responsibly utilizing ESG incorporation and research insights. It showcased our dedication to global green finance and long-term sustainability for the whole business community.