Issue #69: A weekly update on responsible investment. Forwarded by a friend? Subscribe here.
How does the compensation of top executives get tied to ESG metrics? This is increasingly a concern for investors when accessing companies. French asset manager Amundi has put pressure on the top executives of over 500 companies urging them to factor in climate change, dividend payments and pay awarded to staff when considering remuneration for top executives.
“The Paris-headquartered asset manager said it will vote against any compensation package which does not include climate-related measures, such as indicators on their transition to a low-carbon…
Issue #68: A weekly update on responsible investment. Forwarded by a friend? Subscribe here.
In my ongoing quest of simplifying ESG I have tried to showcase what the ESG reporting process looks like from a company perspective. Thanks to the many companies who I have had the opportunity to speak with around their ESG Reporting journeys — I have broken down the work into three key areas.
Issue #67: A weekly update on responsible investment. Forwarded by a friend? Subscribe here.
Complaints around divergence of ESG ratings is a common industry critique (there is a great paper on this by MIT). Institutional Investor put out an article this week called: What Happens When a Company Gets an A From One ESG Rater and an F From Another?
The article considers the case of Philip Morris, a multinational cigarette and tobacco manufacturing company. Most people would think of tobacco as very negative, and MSCI’s rating is negative. But, ESG is made up of E, S and G and…
Issue #66: A weekly update on responsible investment. Forwarded by a friend? Subscribe here.
Before going into our regularly scheduled ESG content, I have some exciting Nossa Data updates to share:
We joined an accelerator! We are very glad to announce that Nossa Data has been selected as one of 9 FinTech start-ups to join the Barclays Techstars Accelerator program in New York City. This program has been considered the best FinTech accelerator in the world and we are so excited to build Nossa Data’s software alongside world class mentors and investors. The accelerator funding is part of our pre-seed…
Issue #50: One year of Nossa!! A weekly update on responsible investment. Forwarded by a friend? Subscribe here.
On Friday I shared my first attempt at mapping how different ESG information comes together. I shared it on LinkedIn and was amazed (and grateful) by a flurry of responses from people providing feedback / suggestions for improvement.
This is the semi-organised version 1.0 image I shared:
This is the much less organized version 1.1 where I tried to integrate the first set of feedback I got on LinkedIn. (Orange is the feedback)
Issue #49: A weekly update on responsible investment. *Please note, Nossa Capital’s brand has become Nossa Data. Expect the same ESG focused educational content weekly.
Last week our team attended (virtually) KKS Advisor’s event: ‘Making Sustainability Count.’ We heard a discussion led by their co-founder and prominent ESG researcher, George Serageim. A theme that was repeated throughout the event was:
“To make sustainability work for corporates — you need a top down push from leaders as well as the buy-in from lower-level leaders across the organisation.”
With this in mind, I wanted to focus this week’s newsletter on the top-down…
Issue #48: A weekly update on responsible investment.
In the 1980’s Milton Friedman made the famous claim that the only purpose of a business is to maximize returns for shareholders. This business rhetoric was the dominant way of thinking though the mid 2000’s in academia and the business world. Think about how much the position of one organisation, The Business Roundtable, has changed over the years:
Issue #47: A weekly update on responsible investment.
Generation Investment Management has been at the forefront of ESG analysis for a long time. On top of fully integrating sustainability into their investment philosophy, they were one of the 50 original signatories to the UN PRI in April 2006 and they were there for TCFD’s launch in June 2017. Last week they released a report where they outline the 5 questions they use to assess companies to understand whether they are ‘System Positive.’ Will more investors follow Generation’s System Positive methodology in the years to come?
What is Generation IM’s definition…
How can you tell if a company is truly fighting climate change?
Is it if it was one of the 150 large companies who in mid-May urged governments around the world to align their COVID-19 economic aid and recovery efforts with the latest climate science?
Is it if it was one of the 1,300 companies in the We Mean Business Coalition, a coalition that is catalyzing business action and driving policy ambition to accelerate the zero-carbon transition.?
What if it was one of the 2,300 businesses and investors who belong to We Are Still In? Or those subscribed to the…
Issue #45: A weekly update on responsible investment.
It has been almost one year since the Business Roundtable gathered 181 CEO’s of some of the world’s largest companies to declare:
“Companies should serve not only their shareholders, but also deliver value to their customers, invest in employees, deal fairly with suppliers and support the communities in which they operate.”
While the world has seen tremendous challenges since that statement, the companies who committed to this declaration have shown that they will prioritise the health and safety of their employees and their customers in their corporate actions.