This week, Fay Wu, MioTech’s Global Head of Research, was invited to share the latest ESG investing trends with students at NYU Shanghai. Two classes from “Corporate Transaction Valuation” and “Investing and Financing in and with China.” (https://shanghai.nyu.edu/is/j-term-course-investing-and-financing-and-china), which are taught by Professor David Yu, participated in the sharing session.
Sustainable investing has become increasingly more mainstream in recent years, evidenced by the growth in the number of UNPRI (https://www.unpri.org/) signatories and AUM. (Over 5,300 signatories including 725 asset owners managing US$121 trillion as of March 2021). PRI signatories have grown about 30% a year since 2006. Low carbon energy transition, led by renewable energy, electrified transport and heat also saw significant investments, totaling US$755 billion worldwide. China led by representing more than a third of the investment with US$266 billion in 2021 while the US came in second with 114 billion, 15% of total).
Students learned about topics spanning from ESG investing trends, regulatory frameworks, energy transition, carbon trading, and the increasing importance of ESG data in making investment decisions.
Founded in 2012, NYU Shanghai (https://shanghai.nyu.edu/) is China’s first Sino-US research university and the third degree-granting campus of the NYU Global Network. Student body consists of around 2,000 undergraduate and graduate students, half of whom are from China. Students from the United States and some 70 other countries represent the other half.
MioTech was founded in 2017, using artificial intelligence to solve the sustainability, climate change, carbon emissions reduction, and social responsibility challenges faced by financial institutions, corporations, governments, and individuals. Its comprehensive coverage of ESG data helps financial institutions make the right decisions in green finance and responsible investments. Its software helps corporations manage ESG reporting, improve energy efficiency, track, and reduce carbon emissions. Its app builds green-conscious communities and promotes low-carbon lifestyles among individuals.