AIA uses carrot and stick approach in ESG push

The insurance group AIA is pushing from all sides to achieve sustainability and environmental, social, and governance (ESG) progress in its investment portfolio. While the threat of divestment or exclusion has strong merits as a “stick” for driving change, active ownership in companies requiring improvement is gaining more traction. Mark Konyn AIA “The journey towards responsible and sustainable investments starts with exclusions, and we then quickly get on the front f…