ESG scrutiny hits private markets
Listed assets aren’t the only investments under more scrutiny. As funds strive for sustainability, they are now applying that rigour even to notoriously opaque classes such as private equity.
Listed assets aren’t the only investments under more scrutiny. As funds strive for sustainability, they are now applying that rigour even to notoriously opaque classes such as private equity.
A new report from the Principles for Responsible Investment states that investment consultants must put ESG issues at the core of the advice they offer, to build a sustainable finance system.
The Environment Agency Pension Fund is expanding its efforts to support a low-carbon economy and demanding that other asset owners and the entire finance industry ‘step up’ as well.
PRI is working on aligning Europe’s financial system with sustainability objectives, as ESG-related initiatives gain momentum globally. Head of policy and research, Nathan Fabian, explains.
Human rights advocate Kerry Kennedy says ESG frameworks are not providing investors with enough reliable data about human rights and other social issues to allow accurate assessment of risks.
GPIF’s Hiro Mizuno and AP2’s Eva Halvarsson stressed the importance of combating short-termism at every level of the investment chain and throughout the organisation, to forge sustainability.
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