FactSet and Ping An to Offer Investors ESG Content and Analytics on Chinese Companies
March 04 2021 - 8:00AM
FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated
financial information and analytical applications, and Ping An
Insurance (Group) Company of China, Ltd. (hereafter “Ping An”,
HKEX: 2318; SSE: 601318) today announced a joint offering for
investors considering environmental, social and corporate
governance (ESG) metrics for companies incorporated in China.
The offering will be launched by FactSet and Ping An’s associate
company OneConnect Financial Technology Co., Ltd. (hereafter
“OneConnect”, NYSE:OCFT), a leading technology-as-a-service
platform for financial institutions in China. FactSet will
integrate OneConnect's artificial intelligence (AI)-driven ESG
content sets into its workstations, standard data feed, and
application programming interfaces (APIs) to accelerate the
availability of ESG metrics for over 3,500 Chinese class A-share
companies.
OneConnect offers comprehensive coverage of ESG factors and
assessments for companies listed on the Shanghai and Shenzhen Stock
Exchanges. These factors are derived from a combination of
different sources of information obtained by AI technologies, such
as natural language processing (NLP). OneConnect also provides a
range of analytics tools in addition to the content that will be
integrated into FactSet, such as NLP-driven disclosure transparency
assessments, portfolio sustainability performance evaluation and
adjustment, and a climate risk evaluation tool to help investors
better integrate ESG measurements into their investment
processes.
“ESG investing is accelerating globally and client demand is
high for information on companies in China,” said Tom Griffiths,
Senior Vice President, Asia Pacific, FactSet. “Working with Ping An
to strengthen FactSet’s ESG offering is an exciting step as we
further expand integrated workflow solutions for our global client
base. Combining OneConnect’s leading content with FactSet’s suite
of applications will offer investment professionals a
differentiated perspective on ESG impacts in the Chinese
market.”
“We are excited to build this partnership with FactSet,” said Ye
Wangchun, Chairman and CEO of OneConnect. “By integrating
OneConnect's AI-ESG information sets into FactSet's powerful
investment data and technology platform, investors can expand both
the breadth and depth of their ESG investments, drawing on a
broader set of China-focused ESG content and tools.”
OneConnect’s ESG content will be available in the coming months
in the FactSet workstation as well as via standard data feed and
APIs.
For more information, please
visit: https://www.factset.com/solutions/business-needs/esg-solutions.
About FactSet
FactSet® (NYSE:FDS | NASDAQ:FDS) delivers
superior content, analytics, and flexible technology to help more
than 138,000 users see and seize opportunity sooner. We give
investment professionals the edge to outperform with informed
insights, workflow solutions across the portfolio lifecycle, and
industry-leading support from dedicated specialists. We're proud to
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Learn more at www.factset.com and follow us on Twitter:
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About Ping An Group
Ping An Insurance (Group) Company of China, Ltd. (“Ping An”) is
a world-leading technology-powered retail financial services group.
With over 218 million retail customers and 598 million Internet
users, Ping An is one of the largest financial services companies
in the world. Ping An focuses on two over-arching domains of
activity, “pan financial assets” and “pan health care”, covering
the provision of financial and health care services through our
integrated financial services platform and our ecosystems; in
financial services, health care, auto services and smart city
services. Our “finance + technology” and “finance + ecosystem”
transformation strategies aim to provide customers and internet
users with innovative and simple products and services using
technology. As China’s first joint stock insurance company, Ping An
is committed to upholding the highest standards of corporate
reporting and corporate governance. The Group is listed on the
stock exchanges in Hong Kong and Shanghai. In 2020, Ping An ranked
7th in the Forbes Global 2000 list and ranked 21st in the Fortune
Global 500 list. Ping An also ranked 38th in the 2020 WPP Kantar
Millward Brown BrandZ™ Top 100 Most Valuable Global Brands
list.
For more information, please visit www.group.pingan.com and
follow us on LinkedIn - PING AN.
About OneConnect
OneConnect is a leading technology-as-a-service
platform for financial institutions in China. The Company’s
platform provides cloud-native technology solutions that integrate
extensive financial services industry expertise with market-leading
technology. The Company’s solutions provide technology applications
and technology-enabled business services to financial institutions.
Together they enable the Company’s customers’ digital
transformations, which help them increase revenue, manage risks,
improve efficiency, enhance service quality and reduce costs.
Our technology-as-a-service platform
strategically covers multiple verticals in the financial services
industry, including banking, insurance and asset management, across
the full scope of their businesses – from sales and marketing and
risk management to customer services, as well as technology
infrastructure such as data management, program development, and
cloud services.
FactSet
Media
Jennifer Berlin
+1 617 330 4122
jennifer.berlin@factset.com
Media & Investor Relations Contact:
Rima Hyder
+1 857.265.7523
rima.hyder@factset.com
Ping An
Media
Gareth Hewett
gareth.john@pingan.com.hk
OneConnect
Media
Ying Zhou
zhouying150@ocft.com
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