[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.
What is sustainability if not the ability to exist into the future? In this context how sustainable are institutions, organisations, communities and politics and what will the future actually look like?
The climate emergency is so large it requires a rewiring of the whole economic and financial system. But to do this new risk models are required and old paradigms must be abandoned to make way for a better way of understanding complex systems.
In this intimate conversation, Paul Polman, SDG ambassador and chair of IMAGINE, discusses the importance of leaders accelerating corporate responsibility efforts.
This session takes a deep dive into the sustainability lens from a large corporate view and how investors and corporates are working together to create lasting impact.
Leave a Comment
You must be logged in to post a comment.
Login