养老基金可持续发展：ESG投资偏好和挑战——基于Cite Space可视化分析
Sustainable Development of Pension Fund: ESG Investment Preferences and Challenges—Based on the Cite Space Visualization Analysis

养老基金的可持续发展受到人口、环境等不可控因素的冲击，面临着巨大的挑战。随着ESG投资理念的兴起，其投资理念在经济与环境社会的可持续发展发挥了显著的作用，且在国外养老基金投资实践中取得良好的成果，受到了学界的广泛关注。研究主要采用Cite Space知识图谱分析、聚类分析等方法对文献进行定量分析。研究发现：ESG投资已经得到广泛推崇和认可，我国逐步引入养老基金ESG投资，积极探索ESG投资策略。但是养老基金ESG投资存在企业信息披露不及时、国内市场规则不完善等一系列挑战。因此需要不断完善相关制度以及市场机制，培养ESG投资人才，借鉴国际投资机构和在养老基金ESG投资方面的经验，实现养老基金的可持续发展。
The sustainable development of pension funds is impacted by uncontrollable factors such as popu-lation and environment, and is facing huge challenges. With the rise of ESG investment concept, its investment concept has played a significant role in the sustainable development of economy and environmental society, and has achieved good results in foreign pension fund investment practice, which has attracted wide attention from the academic circles. Cite Space knowledge map analysis and cluster analysis were mainly used for quantitative analysis of the literature. The research found that ESG investment has been widely respected and recognized, China has gradually introduced pension fund ESG investment, and actively explore ESG investment strategy. However, there are a series of challenges in pension fund ESG investment, such as untimely enterprise information dis-closure and imperfect domestic market rules. Therefore, it is necessary to constantly improve rele-vant systems and market mechanisms, train ESG investment talents, learn from the experience of international investment institutions and ESG investment in pension funds, and realize the sus-tainable development of pension funds.