PICC Group President Zhao Peng: High-Level ESG Governance to Drive Green Insurance, Green Investment and Real Economy Green Transition in the Same Direction

Deep News10-20

On October 20, financial frontline news reported that the 2026 Sustainable Global Leaders Conference was held from October 20 to 22 at the Shanghai Huangpu Expo Park. PICC GROUP (ASX: 01339) President Zhao Peng attended the event and delivered a speech.

Zhao Peng stated that the development of green finance requires financial institutions to strengthen their own ESG governance and enhance their level of sustainable development. PICC GROUP has fully embedded the concept of sustainable development into the entire chain of corporate governance and business management, solidly carried out ESG management and information disclosure, addressed climate change and other frontier work, built a unified group-wide green insurance statistical system and customer ESG risk assessment system, completed the first round of group-wide, full-caliber carbon emission accounting, focused on green insurance carbon emission statistical measurement, and compiled and released the first green insurance environmental benefit measurement methodology in the domestic insurance industry, providing a PICC solution for the formulation of industry green insurance standards.

"We have strengthened climate risk technology research and development, released the PICC climate physical risk quantification model, and shared technological achievements with the entire industry. Thanks to continuous deep cultivation in the field of sustainable finance, PICC GROUP obtained the highest AAA rating in the 2026 Mingsheng ESG rating," Zhao Peng further stated.

Zhao Peng emphasized that in the future, PICC GROUP will adhere to high-level ESG governance as the guide, continuously doing a good job in green insurance, green investment, and moving in the same direction as the green transition of the real economy.

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