OneConnect Wins Dual Forbes China Awards: Advancing in Both Tech Innovation and ESG Practices
On August 26th, OneConnect, recognized for its outstanding fintech capabilities and ongoing commitment to ESG (Environmental, Social, and Governance) practices, was honored with two prestigious awards: "Forbes China Top 50 Influential Fintech Enterprises" and "Top 10 Fintech ESG Practice Enterprises." These accolades not only underscore OneConnect's leadership in the fintech space but also highlight its long-term dedication and exceptional performance in ESG initiatives.
As the sole fintech solutions provider for Ping An, OneConnect leverages over 30 years of Ping An's financial industry experience and its own cutting-edge research and development capabilities. Utilizing advanced technologies like artificial intelligence and big data, OneConnect has developed four key product pillars: Retail, Lending, Property Insurance, and Life Insurance. These products empower domestic clients to excel and lead in their markets while simultaneously accelerating the company’s international expansion. These powerful technological solutions not only help financial institutions improve operational efficiency and service quality but also play a crucial role in reducing risks and costs. It's through these strengths that OneConnect has secured a significant position in both the Chinese and global fintech markets.
In recent years, guided by its "One Body, Two Wings" strategy, OneConnect has driven the integration of technology and business, providing comprehensive digital transformation solutions for financial institutions. The company’s offerings, such as Digital Banking, Digital Insurance, and the Gamma Platform, are widely used across retail banking, corporate lending, and insurance claims, assisting clients in navigating the complex challenges of digital transformation. These technological solutions have achieved remarkable success in the domestic market and have expanded to 20 countries and regions, serving 186 international financial institutions.
In the ESG domain, OneConnect has similarly demonstrated its responsibility and commitment by publishing its sustainability report for two consecutive years, systematically showcasing its ESG management principles and practices. Chairman and CEO Shen Chongfeng stated that the company will continue to focus on the goal of "Accelerating the Construction of a Financial Powerhouse," guided by the "One Body, Two Wings" strategy, exploring innovative applications of technology in the financial sector, promoting green finance, and achieving sustainable development for both the company and the industry.
Forbes' selection process for these awards spanned six months, with rigorous and comprehensive evaluations covering aspects such as enterprise growth potential, innovation execution, ecosystem collaboration, and industry influence. Emerging as a winner from a pool of numerous contenders not only attests to OneConnect’s excellence in technological innovation and business application but also reflects its active role in advancing ESG practices within the fintech sector. As a globally renowned financial media brand, Forbes' awards carry significant authority in the industry, further affirming OneConnect's leading position in fintech.
With its robust capabilities in cutting-edge technologies such as artificial intelligence, big data, and blockchain, OneConnect has amassed 314 domestic and international awards, including honors from IDC, The Asian Banker, KPMG, the Ministry of Science and Technology, and Stanford University, among others. Looking forward, OneConnect will continue to leverage its technological strengths to drive fintech innovation and application while deepening its commitment to ESG principles, contributing to the high-quality development of the financial industry in a more responsible manner.