AXA Hong Kong weighs social impact as it pursues net-zero goals

AXA Hong Kong is carefully monitoring the social impact of the allocation changes it makes as it aims to reduce its carbon footprint by 20% come 2025. As global economy recovers from the Covid pandemic, the Hong Kong life insurer is cautious of a  rebound of carbon emissions in its portfolio and is preparing itself for more aggressive allocation adjustments if needed, its chief investment officer Richard Chan told AsianInvestor in an exclusive interview. The company, which manag…