Afleveringen
-
The U.S. president of the firm, who's retiring after this year, tells Investing IN Change where sustainable investing is headed and what’s going on with the political divide on a seemingly apolitical subject. Plus, Paul and Emile get into the details of the first lawsuit over ESG use in a 401(k) plan.
Related Article: Impax North America president Keefe to retire
Guest Bio:
Joe Keefe is president of Impax Asset Management. Based in the Portsmouth office, he is responsible for distribution of Impax’s full capabilities across North America.
-
Kiley Miller, principal director of sustainable investing at Envestnet, joins the podcast to talk about how the firm works with advisors on sustainability and ESG. A couple of case studies — on the heavy rail industry and water use in the IT supply chain — show how important ESG considerations can be.
Plus, Paul and Emile talk about the fallout from Bud Light’s now infamous marketing partnership with a trans influencer and the reaction to a column on that topic.
Related article: https://www.investmentnews.com/the-bud-light-case-for-esg-236936
Guest Bio:
Kiley Miller leads Sustainable Investing at Envestnet. She is responsible for the strategic development of Envestnet’s sustainable investment offering, which includes the expansion of technology embedded into the Envestnet platform, as well as sustainable investment solutions, research and data, and providing education and guidance on how to incorporate sustainable investing into advisor practices. Prior to joining PMC in 2019, Kiley was a senior client advisor at Sustainalytics, an ESG research, ratings and analytics firm. There she supported U.S. asset managers to integrate ESG research into the investment process. Kiley also previously worked at the UN-supported Principles for Responsible Investment. Kiley holds an MS in Sustainability Management from Columbia University and a BS in Environmental Sustainability with a double minor in Business and Environmental Economics & Law from the University of Illinois at Urbana-Champaign.
-
Zijn er afleveringen die ontbreken?
-
April is Financial Wellness Month, and guest Jennifer Coombs, director of client success at Ethos ESG, talks about the role sustainable investing can play in financial education. Whether sustainability acts as a gateway to investing or is a topic being explored by seasoned investors, it’s an area that’s hard to avoid — and advisors and clients can only benefit from knowing more about it.
Paul and Emile also discuss the political climate and the demand seen for ESG-themed mutual funds and ETFs, sales of which fared better last year than sales of non-ESG funds.
Guest Bio:
Jennifer Coombs is the Director of Client Success for Ethos ESG, part of the ACA Global — ESG Data & Analytics team, deepening relationships with Ethos software users and helping financial advisors, asset managers and wealth managers build out competencies in ESG reporting and analysis. Prior to her current role, she was an associate professor at The College for Financial Planning for six years, and now serves as an adjunct professor for ESG programs. She is the creator, lead author and lead instructor for the Chartered SRI Counselor™ (CSRIC™) designation program, developed in partnership with US SIF, as the first professional financial education program in the United States exclusively devoted to sustainable investing.
-
Sustainable investment providers in some cases have had to rethink what types of holdings are acceptable — including controversial areas like oil and weapons. The energy crisis that resulted from the war has also put sustainable funds at a disadvantage, and many have underperformed the broader market.
Alyssa Stankiewicz, associate director of sustainability research at Morningstar, talks about how fund providers are adjusting to these conditions and how ESG is performing at a difficult time.
Plus, Paul and Emile discuss one of the latest developments in an anti-ESG push from Republicans — votes by Congress to undo the Department of Labor’s new rule governing the use of ESG in retirement plans.
Guest Bio:
Alyssa Stankiewicz is an associate director for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. She leads environmental, social, and governance research in North America, spearheading efforts on the ESG Commitment Level and publishing reports on the sustainable funds landscape.
Before joining Morningstar in 2019, Stankiewicz completed her Master of Business Administration in sustainable innovation at the University of Vermont, where she and her teammates won the inaugural Total Impact Portfolio Challenge. She also holds bachelor's degrees in Spanish and linguistics from Earlham College.
-
Paul and Emile go over recent developments in the anti-ESG efforts coming from several states and Congress, including attempts to invalidate the Department of Labor’s new ESG rule for retirement plans.
Special guest Elysabeth Alfano, CEO and founder of VegTech Invest, discusses the environmental and health effects of the animal industry. Alfano, whose firm’s Plant-based Innovation & Climate ETF was recently third-party certified as being carbon neutral without the use of credits, talks about investment opportunities and the future of alternative protein sources.
Listen and subscribe to the ESG Clarity podcast on Spotify, Apple Podcasts, Stitcher and Google.
Guest Bio:
Elysabeth Alfano is the CEO/CMO of VegTech™ Invest and the Founder of Plant Powered Consulting. She is a plant-based private and public investor and is considered one of the foremost thought leaders on the plant-based business sector, speaking internationally on the sector and trends.
-
Paul and Emile talk about themes to watch in 2023. Special guest Nell Minow, vice chair at ValueEdge Advisors, gives insight on corporate governance and the current state of ESG and the politics affecting it. Minow, who has a second career in film writing, talks about some of the similarities with governance, and she even has a few movie recommendations on the topic of ESG.
Guest Bio:
Nell Minow is Vice Chair of ValueEdge Advisors. She was Co-founder and Director of GMI Ratings from 2010 to 2014, and was Editor and Co-founder of its predecessor firm, The Corporate Library, from 2000 to 2010. Prior to co-founding The Corporate Library, Ms. Minow was a Principal of Lens, a $100 million investment firm that took positions in underperforming companies and used shareholder activism to increase their value. Her other professional experience includes serving as a Principal of Lens Investment Management, as President of Institutional Shareholder Services, Inc., and as an attorney at the U.S. Environmental Protection Agency, the Office of Management and Budget, and the Department of Justice. Ms. Minow was named one of the 30 most influential investors of 2002 by Smart Money magazine and, in 2003, was dubbed “the queen of good corporate governance” by Business Week online. In 2007 she was named as one of the 20 most influential people in corporate governance. In 2008 she was the sole recipient of the International Corporate Governance Network award for exceptional achievement in the field of corporate governance. She has authored over 200 articles and co-authored three books on corporate governance with Robert A.G. Monks, most recently the 5th edition of an MBA textbook titled Corporate Governance, published in 2011. Ms. Minow is a graduate of Sarah Lawrence College and the University of Chicago Law School.
-
ESG Out Loud US talks with the founder of a new retail trading app, Fennel, which incorporates ESG data. Company CEO Daniel Naim says that proxy voting, sustainability and shareholder engagement will pull more people into the investing world. Naim talks about how he made a major career trajectory change, leaving a physics PhD program to start the broker-dealer Fennel Financials as well as Fennel Markets, which includes the new trading app.
Emile and Paul also discuss the Department of Labor’s final rule for ESG in retirement plans, and they catch up with ESG Clarity’s own Natasha Turner about her coverage of COP27.
-
Leading up to COP27, Columbia University professor Bruce Usher talks about how the world has gotten to the climate crisis and why progress to address it has stalled. But the energy transition provides many opportunities, and there is reason to be hopeful. Usher talks about teaching about the intersection of climate and finance and the disproportionate impact that wealthier nations have in global warming. Also, InvestmentNews’ Jeff Benjamin talks with Emile about the ESG potential of direct indexing and expanding proxy voting to fund shareholders.
Guest Bio:
Bruce Usher is a Professor of Professional Practice and the Elizabeth B. Strickler '86 and Mark T. Gallogly '86 Faculty Director of the Tamer Center for Social Enterprise at Columbia Business School. The Tamer Center educates leaders to use business knowledge, entrepreneurial skills, and management tools to address social and environmental challenges, and has grown into one of the largest centers at Columbia Business School. Professor Usher teaches on the intersection of finance, social and environmental issues, and is a recipient of the Singhvi Prize for Scholarship in the Classroom, the Lear Award, and the Dean’s Award for Teaching Excellence.
-
US SIF CEO Lisa Woll talks with ESG Out Loud, reflecting on her time at the organization and how sustainable investing has grown from virtually unheard of to a topic that has grown popular and is mocked by politicians and one comic strip. The intensity of the recent opposition to sustainable investing hints that it is successful and is seen as a threat to business as usual. New regulations being pushed by the Biden administration could help propel ESG even further, Woll says.
Also, Paul and Emile discuss the climate implications of crypto and how a recent change instituted by Ethereum could mean a more environmentally friendly future for digital assets.
Listen and subscribe to the ESG Clarity podcast on Spotify, Apple Podcasts, Stitcher and Google.
-
Paul and Emile discuss BlackRock and the rest of the firms on Texas’ sustainable investing blacklist, and how ESG investing is yet another political issue polarizing our country. Then Emile speaks with Roos Wijker of Follow This, a grassroots organization and collective of shareholders. Roos talks about the group's efforts to push Big Oil companies to accelerate the energy transition by setting emission reduction targets aligned with the Paris Climate Agreement.
-
Paul and Emile talk through recent ESG news, including the pushback the SEC has gotten from Republicans in Congress over its climate disclosure rule and how that fits into the larger trend of the anti-ESG movement. Then Emile talks with Dan Garrett, assistant professor of finance at Wharton School, about his research on the financial consequences of Texas’ anti-ESG legislation.
Related Article: Who’s afraid of ESG?
Guest Bio:
Daniel Garrett is an assistant professor of finance at the Wharton School researching issues in public finance, corporate and personal income taxation, and financial regulation. He is particularly interested in how public entities raise funds—primarily through issuing bonds or raising taxes—and how those mechanisms affect businesses, consumers, investors, and workers. He has recently published academic papers on international tax avoidance, responses to domestic corporate tax incentives, and the primary issuance market for municipal securities. Since the beginning of the Covid crisis, Dan has been co-organizing the Virtual Municipal Finance Workshop jointly with Pengjie Gao and Dermot Murphy. Dan is a graduate of Duke University with both an MA and PhD in Economics. He earned a BS in Economics at Ohio University in the Honors Tutorial College. Before pursuing graduate education, Dan worked as a tax analysis professional 1 in the Ohio Department of Taxation and as a research associate with the Center for College Affordability and Productivity.
-
Emile and Paul talk about Emile's takeaways from the recent US SIF Forum held in Santa Ana Pueblo, New Mexico. Emile interviews Ivy Jack, head of equity research at NorthStar Asset Management, about the role of racial justice and community investments in wealth management.
Guest Bio:
Ivy Jack is head of equity research for NorthStar Asset Management Inc., a Boston-based wealth management firm that specializes in socially responsible investing through shareholder engagement, impact investing, and selecting publicly traded securities via negative and positive screens.
-
Emile Hallez and Paul Curcio discuss the highlights of ESG Clarity’s latest sector report on health care. They’re joined by Carole Laible, CEO at Domini Impact Investments, who offers her insights on how Russia’s war in Ukraine is affecting ESG across different sectors.
Listen and subscribe to the ESG Clarity podcast on Spotify, Apple Podcasts, Stitcher and Google.
Guest Bio:
Carole Laible, CEO of Domini Impact Investments, has over twenty years of impact investing experience. She is responsible for the overall research and mutual funds operations of Domini Impact Investments. She played a key role in the launch of the Domini Impact International Equity Fund, as well as the current investment strategy and sub-manager selection for the Domini Impact Bond Fund and the Domini Impact Equity Fund.
-
Join Emile Hallez and Paul Curcio as they break down the SEC’s proposal and what it means for companies' climate disclosures. Later, Emile Hallez connects with Green Century’s president, Leslie Samuelrich to talk Out Loud about emissions reporting and engaging with companies in a changing world of shareholder proposals.
-
Join us for the latest stories and insight from ESG insiders
-
Investors and advisers are more interested than ever in putting their money to work to better the planet and the people living here. While there's lots of talk about "making sure your money aligns with your values," there's very little talk about how to actually to do so. Where does one find the data on environmental impact, carbon emissions, social justice, diversity, community impact, biodiversity protection (or harm) and all the other critical ESG metrics when making an investing decision? What does that data look like? How should one weigh those metrics against basic financials? In short, how does one actually go about ESG investing?
As You Sow
YourStake.org
MSCI ESG Ratings
Related Article: SEC chief takes to Twitter to issue warning on greenwashing
Related Article: Industry plea to SEC: Too early for Scope 3 disclosures
Guest Bios
Max Mintz is a partner and financial planner at Common Interests, a holistic financial advisory firm specializing in sustainable, responsible and impactiInvesting. Common Interests is a Certified B Corp®, a designation the firm pursued to demonstrate verified commitment to social and environmental responsibility, and track their progress over time. In 2019, Max was honored as a 40 under 40 advisor by InvestmentNews, which he ascribes to the firm’s commitment democratizing access to both financial services and impact investing.
You can learn more about Max and his firm on their website: www.commoninterests.com
Jina Penn-Tracy is passionate about leaving this world a better place. Jina believes that comprehensive planning allows individuals, businesses, and nonprofits to make more ethically aligned and influential decisions regarding the spending and investing of their money.
A cancer diagnosis at age 19 led Jina to years of consumer activism around issues of chemical contamination in our environment and especially the food system. After co-founding a rapidly growing import company in the 1990s, Jina shifted careers in 2004 to become the type of financial advisor she wished she could find; an advisor focused on utilizing the power and influence of money to make positive changes in the world.
In 2019, early life trauma led her to found the nonprofit Children’s Theatre Alumni Survivors Fund (CTA Wellness). Jina is the president of the Board of CTA Wellness. Since 2014, Jina has volunteered with the Carbon Divestment Coalition in Minnesota, committed to seeing the Minnesota state pension funds divested from the top 200 carbon-holding companies.
-
Larry Fink’s annual letter to CEOs this year caused a stir with his assertion that while BlackRock partakes in sustainability and social justice work, it is neither an environmentalist nor is it "woke." This episode focuses on intention vs. action in the ESG movement and whether it's important to be an idealist to successfully execute these practices. Rachel Robasciotti, founder and CEO of Adasina Social Capital, joins Steve to discuss these points and more. Do you have to be woke to invest in ESG?
LARRY FINK'S 2022 LETTER TO CEOS
Investors for Livable Wages
Adasina’s Racial Justice Impact Dataset
Social Justice Partners on Adasina Website
Adasina Newsletter Sign-Up or text JUSTICE to 55-444
Related Article: BlackRock navigates a divided America
Related Article: BlackRock CEO Larry Fink says stakeholder capitalism is not ‘woke’
Guest Bio:
Rachel J. Robasciotti grew up poor, raised by a single Black mother who struggled for financial security in a rural town that was still largely segregated. She graduated from high school at age 15 and ultimately attended the University of California, Berkeley where she studied economics. After working at large financial firms, learning what they do well and what she wanted to do differently, in 2004 at the age of 25, she founded Robasciotti & Philipson – a firm dedicated to transforming wealth into a tool that supports the well-being of people and the planet. In 2018, Rachel launched the firm’s Social Justice Investing strategy which would become Adasina Social Capital. This strategy has positioned her as a leader in the financial industry for integrating issues of racial, gender, economic, and climate justice into investment portfolios.
-
Often referred to as a distant problem, one that can be solved at a later date with an incredible, yet-to be-invented technology, climate change is here, we caused it, and it’s bad. Dr. Kimberly Nicholas, author of the powerful book "Under the Sky We Make," breaks down the overwhelming scientific consensus on human-caused climate change and discusses with Steve the extreme urgency of the situation. They go into detail on the surprising power of individuals to affect change, and the need for the global wealthy (hint, that’s not just billionaires they’re talking about) to take responsibility for their carbon output right away. What role do financial advisers play in all this? A lot, it turns out.
Under The Sky We Make — Kim’s book on Bookshop.org
We Can Fix It — Kim’s Substack newsletter
Normative.io — Carbon accounting engine
ClimateNow — A multimedia platform explaining the key scientific ideas, technologies and policies relevant to the global climate crisis.
The Zeroist — a finance newsletter for the net-zero revolution
Related Article: DOL seeks public input on protecting retirement savings from climate risks
Guest Bio:
Prof. Kimberly Nicholas is a sustainability scientist at Lund University in Sweden. She has published over 55 articles on climate and sustainability in leading peer-reviewed journals; writes for publications such as Elle, The Guardian, Scientific American, and New Scientist; and is the author of UNDER THE SKY WE MAKE: How to be Human in a Warming World, and the monthly climate newsletter We Can Fix It. She gives lectures and moderates at about 75 international meetings and organizations each year across public policy, civil society, arts and culture, the wine industry, foundations, and academia. Her work has been featured by outlets including the BBC, The New York Times, The Washington Post, The Atlantic, National Public Radio, Public Radio International, Vox, and USA Today. Born and raised on her family’s vineyard in Sonoma, California, she studied the effect of climate change on the California wine industry for her PhD in the Interdisciplinary Program in Environment and Resources at Stanford University.
-
In this episode, you'll hear about:
The what and why of the 2022 Deloitte CxO sustainability report.Jennifer's key takeaways.Why we are seeing the sudden and significant increases in exec awareness of the need for climate action.Needle-moving actions.The importance of education.How to treat climate metrics.Are we finally witnessing a fundamental shift in thinking?2022 Deloitte CxO Sustainability Report
Related Article: NY’s pension drops 21 holdings in sustainability review
Related Article: Carlyle pledges net zero by 2050
Guest Bio:
Jennifer is the Deloitte Global Climate & Sustainability marketplace leader, providing cross-business leadership for this societal imperative. She works with clients across our global business to make an impact that matters and drive critical changes in some of the most important challenges organizations face today and in the future.
She is a member of Deloitte’s senior leadership team and for more than 25 years has held various leadership positions at Deloitte including Chief Commercial Officer for Salesforce, Chief Talent Officer and Deputy CEO of the Deloitte US firms. From 2015-2019, Jennifer was Deloitte’s Chief Transformation Officer, leading Strategy, Innovation, and Technology for the Deloitte US firms. Jennifer teamed with Deloitte’s businesses to set the organization’s strategic direction, address strategic issues and opportunities facing Deloitte, and evaluate changes in the business and competitive environment.
Jennifer is passionate about diversity, inclusion and improving the communities in which we serve. She has been involved with programs like Salesforce Pathfinder, World Economic Forum’s UpLink platform and sits on the board of the Boys & Girls Club of San Francisco. She holds a BA from Colgate University and an MBA from the Columbia School of Business.
Contact Host:
Twitter: @slimslamb
Instagram: @thelambco
Email: [email protected]
-
In this episode, you'll hear about:
ESG regulatory update from Washington, D.C.Danielle's personal journey from bank teller to VP at an impact company.What CNote is and how it works.Working at awomen-founded and -led organization.The importance of investing in communities and BIPOC women business owners.Why Danielle believes focusing on helping individual people, one at a time, is the key.Cnote.com
Black Led CDFIs
CDFI locator
Impact Assets Top 50 Managers 2021
Related Video: Make DEI a mandate, not a check box in financial services industry
Related Article: 2020 Innovators: Catherine Berman
Related Article: Expect a flurry of new ESG rules
Guest Bio: Danielle M. Burns MBA, AIF is vice president, head of business development for CNote. Prior to joining CNote, Danielle worked for First Affirmative Financial Network in a variety of business development roles from 2004 to 2019 most recently serving as vice president of sales and marketing, where she worked with a highly collaborative team that was responsible for the growth and profitability of the firm’s distribution channels. Danielle participated in all aspects of the sales and marketing process, attended and spoke at industry events and educated advisors on how to navigate the sustainable, responsible, impact (SRI) investing and ESG landscape. Her background emphasizes business strategy and consulting and executing integrated campaigns, marketing communications, product launch and system development.
- Laat meer zien
