The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney is part of the Euromoney Institutional Investor PLC
China Green Finance Awards

Best green finance verification agency 2018

Ernst & Young Hua Ming

When it comes to green finance verification in China, Ernst & Young Hua Ming stands out, and this is in part due to the fact that the global audit firm has invested in talent under managing partner Jack Chan.

Take, for instance, Judy Li, head of green finance verification in the greater China region. She oversees a team of 70 accreditation experts in Beijing, Shanghai, Guangzhou, Shenzhen, Taiwan and Hong Kong and under her direction, Ernst & Young Hua Ming has become the leader in accreditation of green finance issues in China. The firm has a commanding market share of between 60% and 65% of the green bond accreditations.

“Ernst & Young is very committed to green finance and sustainable development,” Li says, adding that she sees “green finance and sustainable development to be a huge opportunity for our growth as a firm in China.”

Of the Rmb2 trillion ($313 billion) of bonds issued annually in China, roughly 2% are green, notes Li. China’s leaders hope the percentage will rise to between 15% and 20% in the coming decade.

The Chinese government is stimulating green bond issues through a variety of measures, including tax incentives, and the future is guaranteed to be bright for green finance participants, both issuers and those who hand out accreditations, says Li.

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree