Whether you condone a carrot or stick approach, implementing a rigid recruitment policy makes sense for a sector still sorely lacking in diversity.
"Asset managers responsible for trillions in investments, issuers, lenders, credit rating agencies, analysts, index providers, stock exchanges – nearly all types of market participants – use ESG as a significant driver in decision-making, capital allocation, pricing, and value assessments"
HSBC Pollination will launch a $1bn fund that will invest in forestry and agriculture as well as a $2bn carbon credit fund that will invest in carbon abatement assets such as rain forests.
JANA says it ‘will not recommend any AMP Capital strategies to clients or recommend that clients add to existing investments’ due to concerns over the firm’s decision-making and culture.
Secondaries buyers should look for a chance to engage with GPs on ESG before deciding not to invest, says LGT Capital Partners' ESG committee chairman.
Private real estate veteran Sonny Kalsi is pushing aggressive recruiting policies at BentallGreenOak before the momentum fades from this summer’s protests against racial injustice. Measures include a 66.7% minorities and women minimum recruitment target and financial penalties for missing it.
The report signals that it's 'stepping up' its commitment to ESG principles both in terms of how the firm acquires businesses but also how it manages its existing assets, Chris Leslie explains.
The financial solutions provider has added a new ratings and scoring system as part of its advisory offering.
In light of the ‘critical moment’ in which the world finds itself, Arup’s Orion Fulton outlines a plan for a sustainable US recovery that goes beyond renewables and building new infrastructure.
The survey by Linklaters also found seven in 10 respondents saying covid-19 has changed how they manage risks.