[vc_empty_space height=”10px”]
What is required for all investors to use their influence to create a more sustainable economy, and to wake up to the crucial role they play in ensuring a sustainable recovery?[vc_quotes layout=”accordion” quotes=”%5B%7B%22name%22%3A%22Chris%20Ailman%22%2C%22job_role%22%3A%22Chief%20investment%20officer%2C%20CalSTRS%20(United%20States)%22%2C%22content%22%3A%22Christopher%20Ailman%20has%20been%20the%20chief%20investment%20officer%20of%20CalSTRS%20for%20over%2018%20years.%20He%20leads%20an%20investment%20staff%20of%20170%20and%20oversees%20a%20portfolio%20valued%20at%20%24253.6%20billion%20as%20of%20July%2031%2C%202020.%20He%20has%20over%2036%20years%20of%20institutional%20investment%20experience.%5CnHe%20has%20served%20on%20several%20boards%20and%20advisory%20boards%20in%20the%20US%20and%20UK.%20He%20represents%20institutional%20investors%20on%20the%20MSCI%20Index%20Editorial%20Advisory%20Board%2C%20EDHEC%20Risk%20Institute%2C%20PRI%20Asset%20Owners%20Advisory%20Committee%2C%20and%20the%20Toigo%20Foundation.%20He%20is%20the%20co-chair%20of%20the%20North%20American%20300%20Club%20and%20the%20Milken%20Global%20Capital%20Markets%20Committee.%20In%202016%2C%20he%20was%20part%20of%20the%20first%20cohort%20to%20achieve%20a%20Fundamentals%20of%20Sustainable%20Accounting%20(FSA)%20credential.%5CnEach%20year%2C%20he%20is%20recognised%20as%20one%20of%20the%20top%20CIOs%20both%20in%20the%20US%20and%20globally.%20He%20has%20received%20numerous%20awards%20and%20recognitions%3A%20CIO%20of%20the%20Year%20in%202000%2C%20recipient%20of%20the%202003%20Richard%20Stoddard%20Award%20for%20service%20in%20the%20investment%20of%20pubic%20pensions%2C%202006%20he%20received%20the%20Distinguished%20Service%20Award%20for%20Advancement%20of%20Latinos%20in%20Business%20from%20the%20New%20American%20Alliance%2C%202011%20he%20received%20the%20Institutional%20Investor%E2%80%99s%20Large%20Public%20Fund%20Manager%20of%20the%20Year%20Award%20and%20in%202013%20he%20was%20named%20the%20number%20three%20CIO%20in%20the%20world%20and%20Investment%20Innovator%20of%20the%20Year.%20In%20November%202017%2C%20Ailman%20received%20Institutional%20Investor%20magazine%E2%80%99s%20first%20Lifetime%20Achievement%20Award.%20He%20is%20a%20regular%20guest%20on%20the%20TV%20and%20radio%20and%20is%20frequently%20quoted%20in%20in%20major%20financial%20publications.%5CnAilman%20has%20a%20Bachelor%20of%20Arts%20in%20business%20economics%20from%20the%20University%20of%20California%2C%20Santa%20Barbara.%20He%20received%20his%20certified%20financial%20planner%20designation%20from%20the%20University%20of%20Southern%20California.%20He%20is%20married%20with%20three%20daughters%20and%20is%20a%20committed%20Promise%20Keeper.%5Cn%22%2C%22image%22%3A%2233625%22%2C%22linkedin%22%3A%22https%3A%2F%2Fwww.linkedin.com%2Fin%2Fchristopherailman%2F%22%7D%2C%7B%22name%22%3A%22Barbara%20Zvan%22%2C%22job_role%22%3A%22President%20and%20chief%20executive%2C%20University%20Pension%20Plan%20(Canada)%22%2C%22content%22%3A%22Barbara%20Zvan%20is%20a%20seasoned%20senior%20executive%20and%20visionary%20in%20the%20pension%20field.%20As%20a%20trained%20actuary%20and%2025-year%20industry%20veteran%2C%20she%20brings%20expertise%20in%20pension%20administration%20and%20member%20services%2C%20pension%20design%2C%20enterprise%20strategy%20and%20risk%20management%2C%20long-term%20responsible%20investing%2C%20and%20leading%20high-performing%20teams.%5CnAfter%20starting%20out%20as%20an%20assistant%20portfolio%20manager%20at%20the%20Ontario%20Teachers%E2%80%99%20Pension%20Plan%2C%20she%20took%20on%20increasing%20responsibilities%20rose%20to%20become%20its%20chief%20risk%20and%20strategy%20officer%20(CRSO)%20and%20leader%20of%20the%20strategy%20and%20risk%20team.%20As%20CRSO%2C%20Zvan%20supported%20the%20plan%20sponsors%20in%20determining%20plan%20design%20and%20the%20board%20in%20establishing%20a%20robust%20enterprise%20risk%20management%20framework%20anchored%20by%20a%20transparent%20risk%20appetite.%20She%20helped%20design%20a%20total%20fund%20investment%20strategy%20that%20delivered%20both%20leading%20returns%20and%20a%20stable%2C%20secure%20pension%20promise%20to%20members.%20She%20crafted%20the%20fund%E2%80%99s%20responsible%20investing%20and%20climate%20change%20strategy%2C%20leading%20Ontario%20Teachers%E2%80%99%20to%20be%20named%20one%20of%20the%20world%E2%80%99s%20top%20responsible%20asset%20allocators%20by%20Bretton%20Woods%20II.%5CnRecognized%20as%20a%20leading%20voice%20on%20sustainable%20investing%20and%20an%20ambassador%20for%20defined%20benefit%20pensions%2C%20Zvan%20is%20known%20for%20her%20efforts%20to%20bring%20institutional%20strength%20to%20complex%20challenges%20and%20forge%20new%20collaborative%20pathways%20for%20innovation%20and%20growth.%5CnZvan%20was%20appointed%20to%20the%20Government%20of%20Canada%E2%80%99s%20Expert%20Panel%20on%20Sustainable%20Finance%2C%20is%20a%20member%20of%20the%20Advisory%20Committee%20for%20the%20new%20%E2%80%98Investing%20to%20Address%20Climate%20Change%E2%80%99%20Charter%20and%20played%20a%20significant%20role%20in%20creating%20the%20G7%20Investor%20Leadership%20Network.%5CnShe%20serves%20on%20the%20boards%20of%20the%20Global%20Risk%20Institute%20and%20the%20Responsible%20Investment%20Association%20and%20the%20advisory%20board%20of%20the%20Institute%20of%20Sustainable%20Finance%20at%20the%20Smith%20School%20of%20Business.%20She%20was%20chair%20of%20the%20International%20Centre%20of%20Pension%20Management%20and%20the%20Sustainability%20Accounting%20Standards%20Board%E2%80%99s%20Investor%20Advisory%20Group%2C%20and%20served%20of%20the%20boards%20of%20the%20Canadian%20Coalition%20for%20Good%20Governance%2C%20Cadillac%20Fairview%20and%20the%20Chilean%20water%20utilities%20Esval%20(Essbio)%20S.A.%5CnZvan%20is%20a%20Fellow%20of%20the%20Society%20of%20Actuaries%20and%20the%20Canadian%20Institute%20of%20Actuaries%2C%20a%20holder%20of%20the%20Institute%20of%20Corporate%20Directors%20designation%20(ICD.D)%20and%20has%20a%20Master%20of%20Mathematics%20degree%20from%20the%20University%20of%20Waterloo.%20She%20is%20an%20honouree%20of%20Canada’s%202020%20Clean50%20and%20Canada’s%202008%20Top%2040%20Under%2040.%5Cn%22%2C%22image%22%3A%2233626%22%2C%22linkedin%22%3A%22https%3A%2F%2Fwww.linkedin.com%2Fin%2Fbarbarazvan%2F%3ForiginalSubdomain%3Dca%22%7D%5D” title=”Speaker” el_class=””][vc_quotes layout=”accordion” quotes=”%5B%7B%22name%22%3A%22Amanda%20White%22%2C%22job_role%22%3A%22Director%2C%20institutional%20content%2C%20Conexus%20Financial%20(Australia)%22%2C%22content%22%3A%22White%20is%20responsible%20for%20the%20content%20across%20all%20Conexus%20Financial%E2%80%99s%20institutional%20media%20and%20events.%20She%20is%20responsible%20for%20directing%20the%20bi-annual%20Fiduciary%20Investors%20Symposium%20which%20challenges%20global%20investors%20on%20investment%20best%20practice%20and%20aims%20to%20place%20the%20responsibilities%20of%20investors%20in%20wider%20societal%2C%20and%20political%20contexts%2C%20as%20well%20as%20promote%20the%20long-term%20stability%20of%20markets%20and%20sustainable%20retirement%20incomes.%20She%20is%20the%20editor%20of%20conexust1f.flywheelstaging.com%2C%20the%20online%20news%20and%20analysis%20site%20for%20the%20world%E2%80%99s%20largest%20institutional%20investors.%20White%20has%20been%20an%20investment%20journalist%20for%20more%20than%2020%20years%20and%20has%20edited%20industry%20journals%20including%20Investment%20%26%20Technology%2C%20Investor%20Weekly%20and%20MasterFunds%20Quarterly.%20She%20was%20previously%20editorial%20director%20of%20InvestorInfo%20and%20has%20worked%20as%20a%20freelance%20journalist%20for%20the%20Australian%20Financial%20Review%2C%20CFO%2C%20Asset%20and%20Asia%20Asset%20Management.%20She%20has%20a%20Bachelor%20of%20Economics%20from%20Sydney%20University%20and%20a%20Master%20of%20Arts%20in%20Journalism%20from%20the%20University%20of%20Technology%2C%20Sydney.%20She%20was%20previously%20a%20columnist%20for%20the%20Canadian%20publication%2C%20Corporate%20Knights%2C%20which%20is%20distributed%20by%20the%20Globe%20and%20Mail%20and%20The%20Washington%20Post.%20White%20is%20currently%20a%20fellow%20in%20the%20Finance%20Leaders%20Fellowship%20at%20the%20Aspen%20Institute.%20The%20two-year%20program%20consists%20of%2022%20fellows%20and%20seeks%20to%20develop%20the%20next%20generation%20of%20responsible%2C%20community-spirited%20leaders%20in%20the%20global%20finance%20industry.%22%2C%22image%22%3A%2233531%22%2C%22linkedin%22%3A%22https%3A%2F%2Fwww.linkedin.com%2Fin%2Famanda-white-101a7515%2F%3ForiginalSubdomain%3Dau%22%7D%5D” title=”Moderator” el_class=””][vc_empty_space height=”10px”]
Key takeaways
Chris
Screening China from an environmental and human capital standpoint will be critical in 2021.
Investment teams of the future will be younger, more open-minded and highly adaptable. People are a huge asset. How people are managed impacts company value greatly.
The future may well involve closer collaboration between asset owners and asset managers. Wall Street is far too expensive.
It is hard to be adaptable when reality hits you in the face.
The future will be much more challenging than the past.
Throughout history massive shocks have forced changes in human behaviour.
Sustainability can become part of the mainstream lexicon in the USA if we are not unnecessarily distracted by politics. We need to take the conversation away from politics and focus on risk.
We have entire parts of the world that are not fully committed to sustainability, so it is hard to be proud.
We need all the world’s bright minds to think ahead.
‘Constant education is key to a better world and a better future.’
Barbara
We should consider what our individual organisation can do and what our organisation can do in partnership with others.
One of the most important, upcoming challenges at CalSTRS is how the fund should evaluate Chinese investments from a human capital and environmental standpoint, says Chris Ailman, chief investment officer at the giant pension fund.
Schroders’ new flexible working policy has been making the headlines. Their CIO explains why it is integral to providing superior investment performance.
It is essential that the growth in impact investing is scale with integrity. The first step in that is to determine the current scale of the impact investing market and examine what that may mean for future growth and development.
In this series of articles, Federated Hermes will explore the links between infectious diseases, environmental issues and social sustainability, alongside the role of investors and companies. In part one, Sonya Likhtman looks at how the destruction of ecosystems can increase the risk of pandemics.
Climate change will test our ability to avoid mortal danger more than ever before. Humanity’s ability to adapt, something we have excelled at, must again come to the fore.
Leave a Comment
You must be logged in to post a comment.
Login