A united front

This session looks at how sustainability policies under President Biden combined with the ongoing EU policies means 2021 marks a new frontier for the progression of sustainability. This discussion examines what that means for investors in terms of both opportunities and risk.[vc_quotes layout=”accordion” quotes=”%5B%7B%22name%22%3A%22Sarah%20Bratton%20Hughes%22%2C%22job_role%22%3A%22%20Head%20of%20sustainability%2C%20North%20America%2C%20Schroders%20%22%2C%22content%22%3A%22Sarah%20Bratton%20Hughes%20is%20the%20head%20of%20sustainability%2C%20North%20America.%20%20Her%20responsibilities%20include%20leading%20the%20sustainability%20strategy%20and%20ESG%20integration%20in%20North%20America.%20She%20joined%20Schroders%20in%202011%20and%20is%20based%20in%20New%20York.%5CnPreviously%2C%20she%20was%20an%20investment%20director%20at%20Schroders%20which%20involved%20supporting%20and%20representing%20the%20Schroders%E2%80%99%20sustainability%20team%20as%20well%20as%20the%20Schroders%20US%20small%20cap%20and%20US%20small%20and%20mid%20cap%20investment%20capabilities%20to%20clients%20and%20prospective%20clients.%20She%20was%20also%20responsible%20for%20ESG%20integration%20in%20North%20America.%20Prior%20to%20joining%20Schroders%2C%20she%20was%20with%20JP%20Morgan%20from%202007-2011.%20Bratton-Hughs%20has%20a%20BA%20in%20Economics%20and%20a%20BSc%20in%20Business%20Management%20both%20from%20St.%20Francis%20College.%22%2C%22image%22%3A%2243050%22%2C%22linkedin%22%3A%22https%3A%2F%2Fwww.linkedin.com%2Fin%2Fsarah-bratton-hughes-10174819%2F%22%7D%2C%7B%22name%22%3A%22Matt%20Patsky%22%2C%22job_role%22%3A%22Chief%20executive%2C%20Trillium%20%22%2C%22content%22%3A%22Matt%20Patsky%20is%20chief%20executive%20of%20Trillium%20Asset%20Management%2C%20an%20investment%20firm%20devoted%20exclusively%20to%20social%20and%20responsible%20investing.%20There%2C%20he%20serves%20as%20a%20portfolio%20manager%20on%20Trillium%E2%80%99s%20sustainable%20opportunities%20strategy%20and%20the%20Trillium%20ESG%20global%20equity%20strategy.%20He%20has%20three%20decades%20of%20experience%20in%20investment%20research%20and%20investment%20management.%20He%20began%20his%20career%20at%20Lehman%20Brothers%20in%201984%20as%20a%20technology%20analyst.%20In%201989%2C%20while%20covering%20emerging%20growth%20companies%20for%20Lehman%2C%20he%20began%20to%20incorporate%20environmental%2C%20social%2C%20and%20governance%20factors%20into%20his%20research%2C%20becoming%20the%20first%20sell%20side%20analyst%20in%20the%20United%20States%20to%20publish%20on%20the%20topic%20of%20socially%20responsible%20investing%20in%201994.%20As%20director%20of%20equity%20research%20for%20Adams%2C%20Harkness%20%26%20Hill%2C%20he%20built%20the%20firm%E2%80%99s%20powerful%20research%20capabilities%20in%20socially%20and%20environmentally%20responsible%20areas%20such%20as%20renewable%20energy%2C%20resource%20optimisation%2C%20and%20organic%20and%20natural%20products.%20Before%20joining%20Trillium%2C%20he%20worked%20at%20Winslow%20Management%20Company%20in%20Boston%2C%20where%20he%20served%20as%20director%20of%20research%2C%20chair%20of%20the%20investment%20committee%2C%20and%20portfolio%20manager%20for%20the%20green%20solutions%20strategy%20and%20the%20Winslow%20green%20solutions%20fund.%5CnMatt%20has%20served%20on%20the%20boards%20of%20Environmental%20League%20of%20Massachusetts%2C%20Shared%20Interest%2C%20Pro%20Mujer%2C%20US%20SIF%2C%20and%20Root%20Capital.%20He%20is%20also%20a%20member%20of%20the%20Social%20Venture%20Circle%20(SVC)%20and%20is%20a%20member%20of%20the%20CFA%20Society%20Boston%20and%20is%20a%20Chartered%20Financial%20Analyst%20charterholder.%5CnPatsky%20lives%20with%20his%20husband%20Jun%20Untalan%20in%20Boston.%20He%20holds%20a%20Bachelor%20of%20Science%20in%20Economics%20from%20Rensselaer%20Polytechnic%20Institute.%5Cn%22%2C%22image%22%3A%2243049%22%2C%22linkedin%22%3A%22https%3A%2F%2Fwww.linkedin.com%2Fin%2Fmattpatsky%2F%22%7D%2C%7B%22name%22%3A%22Torben%20M%C3%B6ger%20Pedersen%22%2C%22job_role%22%3A%22Chief%20executive%2C%20PensionDanmark%20%22%2C%22content%22%3A%22Torben%20M%C3%B6ger%20Pedersen%20is%20chair%20of%20the%20board%20at%20Copenhagen%20Business%20School%20(CBS)%2C%20Danish%20Society%20for%20Education%20and%20Business%20(DSEB)%20as%20well%20as%20Gefion%20Gymnasium%20and%20vice%20chair%20at%20Institutional%20Investors%20Group%20on%20Climate%20Change%20(IIGCC).%20He%20holds%20a%20number%20of%20other%20board%20and%20investment%20committee%20memberships%20including%20Arbejdernes%20Landsbank%2C%20Insurance%20%26%20Pension%20Denmark%2C%20Copenhagen%20Infrastructure%20Fund%20III%20K%2FS%2C%20Copenhagen%20Infrastructure%20Fund%20IV%20K%2FS%2C%20Copenhagen%20Infrastructure%20New%20Markets%20Fund%20I%20K%2FS%2C%20Danish%20Agribusiness%20Fund%2C%20Danish%20Climate%20Investment%20Fund%2C%20Danish%20SDG%20Investment%20Fund%2C%20SDG%20High%20Level%20Advisory%20Board%2C%20and%20Board%20Leadership%20Society%20in%20Denmark.%20In%20November%202019%2C%20the%20Danish%20Government%20appointed%20Moger%20Pedersen%20chair%20of%20the%20climate%20partnership%20for%20the%20financial%20sector%20and%20in%202020%20he%20was%20appointed%20chair%20of%20Danmarks%20Genopretningsfond.%5CnM%C3%B6ger%20Pedersen%20is%20a%20B-Team%20leader%20and%20member%20of%20the%20Steering%20Committee%20of%20Net%20Zero%20Asset%20Owner%20Alliance.%20In%20addition%2C%20Torben%20M%C3%B6ger%20Pedersen%20is%20a%20member%20of%20OECDs%20Working%20Group%20on%20Long-Term%20Investments%2C%20the%20Private%20Sector%20Advisory%20Group%20within%20the%20UN%E2%80%99s%20Green%20Climate%20Fund%2C%20the%20Global%20Agenda%20Council%20on%20Investments%20and%20The%20Alliance%20of%20CEO%20Climate%20Leaders%20under%20the%20auspices%20of%20World%20Economic%20Forum%20and%20member%20of%20the%20advisory%20board%20in%20OECD%E2%80%99s%20Centre%20on%20Green%20Finance%20and%20Investment.%5CnM%C3%B6ger%20Pedersen%20holds%20a%20Master%20of%20Science%20in%20Economics%20from%20Copenhagen%20University%20and%20has%20completed%20executive%20management%20programs%20from%20Babson%20College%2C%20INSEAD%20Fontainebleau%2C%20INSEAD%20Singapore%20and%20Wharton%20Business%20School.%5CnHe%20was%20in%202018%20appointed%20adjunct%20professor%20at%20Copenhagen%20Business%20School%20Department%20of%20Finance%20and%20Department%20of%20Economics.%22%2C%22image%22%3A%2243051%22%2C%22linkedin%22%3A%22https%3A%2F%2Fwww.linkedin.com%2Fin%2Ftorben-m%25C3%25B6ger-pedersen-23182a%2F%3ForiginalSubdomain%3Ddk%22%7D%5D” title=”Speakers” el_class=””][vc_quotes layout=”accordion” quotes=”%5B%7B%22name%22%3A%22Fiona%20Reynolds%22%2C%22job_role%22%3A%22Chief%20executive%2C%20PRI%22%2C%22content%22%3A%22Fiona%20Reynolds%20is%20the%20chief%20executive%20of%20the%20Principles%20for%20Responsible%20Investment%20(PRI)%2C%20the%20UN%20supported%20organisation%2C%20with%20more%20than%203%2C500%20signatories%20which%20collectively%20represent%20over%20%24100%20trillion%20in%20assets%20under%20management.%20She%20is%20responsible%20for%20the%20PRI%E2%80%99s%20global%20operations.%20%5CnAppointed%20at%20the%20beginning%20of%202013%2C%20Reynolds%20has%2025%20years’%20experience%20in%20the%20financial%20services%20and%20pension%20sector.%20She%20joined%20the%20PRI%20from%20the%20Australian%20Institute%20of%20Superannuation%20Trustees%20(AIST)%2C%20where%20she%20spent%20seven%20years%20as%20the%20chief%20executive.%20%5CnShe%20serves%20on%20the%20board%20of%20the%20UN%20Global%20Compact%2C%20she%20chaired%20of%20the%20Financial%20Services%20Commission%20into%20Modern%20Slavery%20and%20Human%20Trafficking%20(The%20Liechtenstein%20initiative)%20and%20is%20now%20a%20member%20of%20the%20Finance%20Against%20Slavery%20and%20Trafficking%20(FAST)%20Global%20Steering%20Committee.%20Reynolds%20is%20also%20a%20member%20of%20the%20International%20Integrated%20Reporting%20Council%20(IIRC)%2C%20the%20Global%20Advisory%20Council%20on%20Stranded%20Assets%20at%20Oxford%20University%2C%20the%20advisory%20board%20for%20the%20Green%20Investment%20Principles%20for%20the%20Belt%20and%20Road%2C%20the%20global%20steering%20committee%20for%20the%20Investor%20Agenda%20on%20Climate%20Action%20and%20the%20steering%20committee%20for%20Climate%20Action%20100%2B.%20She%20is%20also%20on%20the%20investment%20committee%20for%20Laudes%20foundation%20and%20the%20advisory%20board%20for%20BASF%20and%20the%20advisory%20council%20of%20Bloomberg%20Green.%20%5CnShe%20was%20named%20by%20Barron%E2%80%99s%20magazine%20of%20one%20of%20the%2020%20most%20influential%20people%20in%20sustainability%20globally%20and%20has%20twice%20been%20named%20by%20the%20Australian%20Financial%20Review%20(AFR)%20as%20of%20one%20of%20Australia%E2%80%99s%20100%20women%20of%20influence%20for%20her%20work%20in%20financial%20services%20and%20responsible%20investment.%5Cn%22%2C%22image%22%3A%2243052%22%2C%22linkedin%22%3A%22https%3A%2F%2Fwww.linkedin.com%2Fin%2Ffiona-reynolds-6b987168%2F%3ForiginalSubdomain%3Duk%22%7D%5D” title=”Moderator” el_class=””][vc_empty_space height=”10px”]

Key takeaways

[vc_empty_space height=”10px”]

Unanswered questions and answers

[vc_empty_space height=”10px”]

Poll results

TBC[vc_line_chart][vc_empty_space height=”10px”]

Related reading

Asset owner technical guide – Appointment Asset owner technical guide – Monitoring Asset owner technical guide – Selection How climate change could impact investment returns over the next 30 years – UK How climate change could impact investment returns over the next 30 years – US How climate change could impact investment returns over the next 30 years – Global How data science helps sustainable investors – UK How data science helps sustainable investors – US How data science helps sustainable investors – Global Sustainability at Schroders – UK Sustainability at Schroders – US  Sustainability at Schroders – Global Sustainability in the time of coronavirus Sustainable investment report Q4 2020: Looking ahead from a transformative year – UK Sustainable Investment Report Q4 2020: Looking ahead from a transformative year – USA Sustainable Investment Report Q4 2020: Looking ahead from a transformative year – Global Quality jobs: A multi-faceted, value creation strategy – UK Quality jobs: A multi-faceted, value creation strategy – US Quality jobs: A multi-faceted, value creation strategy – Global

Sponsored Content

Leave a Comment

Climate the No.1 priority for 2021

Climate the No.1 priority for 2021

Climate is by far the number one sustainability priority for investors in 2021 according to a poll of asset owners from more than 32 countries which came together for the Top1000funds.com online Sustainability event in March.

Sort content by

Nordhaus and ‘No Regrets’

Nobel Prize winner Professor William Nordhaus, Sterling Professor of Economics and Professor of Forestry and Environmental Studies at Yale University, explains his theory of ‘No Regrets’ whereby companies can integrate ESG at a level that brings real benefits for society but has limited impact on the corporate.

APG and NYC talk Amazon push back

Two of the world’s most influential institutional investors are hitting a brick wall in their attempts to engage with Amazon’s board on workplace safety. Every time the Netherland's APG and the office of New York City Comptroller, fiduciary to New York city’s five pension funds, try to engage with the board at the tech giant in which they own a combined $6.5 billion they get push back from management.

The path to net zero

Investors from Brunel, Wespath and Robeco talk about the challenges of shaping their net zero portfolios including data, benchmarks and holding managers to account.

The missing link: EM green bonds

Sustainability bonds issued by sovereign governments in developing and emerging markets offer exciting investor opportunities. The proceeds are used for impact and allow investors to target real change in sectors like health and education. Emerging market specialists describe how it could be the missing link to the ESG jigsaw.

Diversity: How to move the needle

Targets, allocating to diverse managers and acting on calls for change from diverse staffers are just some of the ways asset owners are boosting diversity in their own organisations. Investors at the Kresge Foundation, AP2 and AIMCo talk about their diversity, equity and inclusion action.

Sustainable investing

Bridgeewater's Macro Approach to ESG Integration