Financial information and analytics provider FactSet and retail financial services group Ping An Insurance (Group) Company of China announced today the launch of ESG metrics from PingAn Group associate OneConnect Financial Technology on Chinese companies via FactSet. According to the companies, FactSet will integrate artificial-intelligence (AI)-driven ESG content from OneConnect into its workstations, standard data feed, and application programming interfaces (APIs).

Tom Griffiths, Senior Vice President, Asia Pacific, FactSet, said:

ESG investing is accelerating globally and client demand is high for information on companies in China. 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.”

The companies stated that the partnership will accelerate the availability of ESG metrics for over 3,500 Chinese class A-share companies to FactSet users. 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.

Ye Wangchun, Chairman and CEO of OneConnect, said:

“We are excited to build this partnership with FactSet. 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.”

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