Page 7 - CCFA Journal - Fourth Issue

加中金融 Investment Forum 投资论坛

韩笑: 新冠肺炎疫情给全球投资者、决策者和企业带来了巨大影响，凸显了人、地球和利润之间的相互关联。在许多情况下，我可以
看到，大流行实际上可能会加速加大对 ESG 的整合。您是否认为 COVID-19 很大程度影响了利益方和 ESG 的做法?

Paula: 当然，我认为新冠肺炎和 ESG 一起加速了许多趋势。2020 年是艰难的一年，COVID - 19 无疑影响了我们所有人的生活。它突出
了世界上存在的不平等，不仅仅是富国和穷国之间或发达国家和发展中国家之间的差距。首先，就获得疫苗而言，即使在我们自己的
国家，你也可以看到低收入者生活在更拥挤的地区，这增加了负债和健康的风险。环境与 COVID - 19 交织在一起。社会方面，我们还
看到了病假福利问题，突出了政府如何处理病人等重大结构性问题。我注意到在 2020 年，公司在财务披露中谈论 COVID 时使用的语
言，这对我们来说非常重要，我们看到他们如何为员工管理 COVID，我们看到他们不仅谈论盈利能力，而且还谈论对人、安全、管
理团队和待在家里的承诺。

我们的企业努力工作，在疫情期间善待员工，他们做好了准备，认真对待事情，进行必要的投资。但是从环境的角度来看，我认为在
意识上还有很大的差距。最初，COVID - 19 对气候变化是积极的，因为所有的东西都关闭了一段时间，世界看到天空变得清澈，一些
城市的空气质量得到了改善。因此，我认为我们明白，从这个角度来看，气候变化和污染与 COVID - 19 有外部联系，我们仍然需要解
决这些问题。

我们的公司努力善待员工在大流行期间,他们准备认真对待事情,进行必要的投资。但是从环境的角度来看，我认为在意识上还有很大
的差距。最初，COVID - 对气候变化是积极的，因为所有的东西都关闭了一段时间，世界看到天空变得清澈，一些城市的空气质量得
到了改善。我认为，从这个角度来看，气候变化和污染是与 COVID 有外部联系的，我们仍然需要解决这些问题。

我们也看到了那些更有可能死于 COVID 有其他健康问题。COVID 已经让人们意识到我们需要吃得更好、更健康。栖息地的破坏造成
了更多的动物失去生存空间的问题，比如生物多样性的丧失、物种的灭绝以及由于赤道附近温度上升而导致的向两极大规模迁移。
新冠你可以说它就像飓风一样，人们都能理解。当你谈论气候变化时，它发生在缓慢的过程中，所以它让人们更难理解。人们明白由
于 COVID,我们处在一个长期的紧急和它帮助带来环境问题的认识, 包括意识到时间不多了。这就是为什么我们要遵循净零倡议，风险
是非常真实和相互关联的，COVID 让每个人都有了深入思考。

Xiao: Investors, policy makers and companies alike, across the globe have been affected by the COVID-19 pandemic, one of which has truly highlighted
the interconnectedness between people, planet, and profits. In many instances, I could see that the pandemic might actually accelerate pre-existing trends
towards greater ESG integration. Do you think COVID-19 significantly influenced how stakeholders and organizations approach ESG?

Paula: Absolutely, I think COVID has accelerated many trends along with ESG. 2020 was a difficult year, and COVID has definitely impacted all of our
lives. It has highlighted the inequalities that exist in the world, not just the disparity between the rich and poor, or between developed and developing
countries. For one, in terms of vaccine access, even within our own countries, you can see lower-income people living in more crowded areas, more
prone to contagion, and which then affects their ability to work. work. The environment is absolutely intertwined with COVID. The social side we’ve
also seen issues of sick leave benefits, highlighting major structural issues like how our governments deal with sick people. One thing I noticed in 2020
is the language companies have been using in the financial disclosures to talk about COVID, and that was really important to us to see how they are
managing COVID for their workforce. We saw that they didn’t just talk about profitability, but rather focused on their commitment to people, safety,
managing the team, and staying home.
Our companies work hard to treat their employees well during the pandemic, they were prepared and ready to take things seriously and make the
necessary investments. But from an environmental perspective, I think there are huge gaps on its awareness. Initially, COVID was positive for climate
change because everything shut down for a while, the world saw that the skies becoming clear, and several cities experienced higher air quality.

We have also seen that people who are more likely to die from COVID have other health issues as well. I think COVID has brought out more awareness
of health issues and that we need to eat better and be healthier. The destruction of animal habitats has also been a topical discussion, the encroachment
by humans, and the interconnectedness of disease passing between humans and animals has been further highlighted because fo COVID. The loss of
biodiversity, extinction of species, and mass-migration of animals to the poles due to the rising temperature near the equator has highlighted again
climate change extreme changes.
COVID is very interesting, you can say it is like a hurricane, and people get the risk associated. But when we talk about climate change, it has been
happening in slow motion, so it makes it more difficult for people to understand. I think COVID, has brought an awareness to environmental issues,
including an awareness that time is running out. That is why we are following the net zero initiative, the risk is very real and interconnected, and the
companies we are investing in need to be taking climate change adaptation and mitigation seriously.

CCFA JOURNAL OF FINANCE June 2021
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