Ceres Investor Water Toolkit:
|
|
|
- Cora Mary Park
- 5 years ago
- Views:
Transcription
1 Ceres Investor Water Toolkit: A Resource for Investors by Investors on Water Integration Robert Fernandez, Breckinridge Capital Advisors Monika Freyman CFA, Ceres Siobhan Collins, Ceres January 11 th, 2018
2 Webinar Logistics We will leave all phone lines muted You can always type a question at any point into the chat box on the left OR raise your hand and we will call on you during the next Q&A break (unmute line by pressing *7 We will send around a recording to Hub in the days following this webinar We recommend dialing in using a phone line rather than via online Readytalk customer support: US & Canada: International:
3 Investor Introduction Robert Fernandez CFA, Breckinridge Capital Advisors 3
4 Ceres Tour Guides for The Investor Water Toolkit Monika Freyman Siobhan Collins 3
5 Investor Water Hub and Contributors 40 Investors, 8 Working Groups, Hours ACTIAM Agriculture Capital BMO Global Asset Management Bradesco Securities Breckinridge Capital Advisors Brown Advisory Caisse de dépôt et placement du Québec (CDPQ) Castleton Partners Christian Brothers Investment Services (CBIS) Citi Cumberland Advisors Dana Investment Advisors Domini Impact Investments Encourage Capital Goldman Sachs Asset Management Green Century Capital Management Impax Asset Management Interfaith Center on Corporate Resp. (ICCR) KBI Global Investors Macquarie Infrastructure and Real Assets Mercy Investment Services Nephila Advisors LLC Norges Bank Investment Management Regents, University of California Ontario Teachers Pension Plan Park Foundation PGGM Investments Sustainable Insights Capital Management State Street Global Advisors The State Board of Administration of Florida TIAA Treehouse Investments LLC Tri-State Coalition for Responsible Investment Walden Asset Manager Water Asset Management 5
6 Thank You Other Contributors Ceres Staff, KKS Advisors, SASB, FundVotes 5
7 What is the Investor Water Toolkit? A how-to guide on ESG and water Integration along every step of investor decision-making Focus on methods, not prescriptive At times aspirational Showcases peer case studies Existing tools, datasets, resources 7
8 Five Steps in Setting Priorities Step 1 Step 2 Step 3 Step 4 Step 5 Establish Leadership Commitment Research and Understand Water Issues Set Priorities Create Belief Statements, Investment Policy Track Progress Against KPIs 8
9 Spectrum of Investor Water Priorities Improve Water Risk Disclosure Manage Water Risks Mitigate Water Risks Align with Internationally Recognized Norms Promote Positive Water Impact 9
10 International Norms and Goals 10
11 Priorities Case Studies 11
12 Portfolio & Asset Class Analysis Benefits of Portfolio Approach: Uncover Risks Only Visible in Aggregate and Helps Prioritize Security-Level Water Risk Research Portfolio Water Footprinting and Risk Heat Mapping Water Risk in Major Investment Indices Portfolio Water Analysis Should Include Assessment of Ownership, Leverage and Risk Mitigation Opportunities Water Risks Should Also be Assessed Firm-Wide Across All Asset- Classes 25
13 Ceres Analysis of Four Indices Majority of Indices Exposed to Medium and Higher Risks The majority of industries are classified as medium or higher risks across these four investment indices. Ceres classification and analysis using SASB indicators. 13
14 Portfolio water-risk heat mapping conducted by Florida SBA using MSCI data and FactSet. Red indicates high risk, black indicates medium risk and green indicates low risk. The squares represent the size of individual holdings. 14
15 Portfolio Prioritization, Buy/Sell Analysis 15
16 Key Dimensions of Water Risks Often Revenue-Related and Immediate. Business Case or Materiality Often Related to Lost Opportunity to Operate or Grow Water Risks are Often Social License to Operate Risks Don t Overlook the Materiality of Wastewater or Water Quality Risks Understand Geographic Exposure and Where Water Risks Lie in Value- Chain by Industry Many Benefits to Aggregate Portfolio and Asset Class Analysis Including Geographic and Industry Water Risk Exposures Understand and Support The Human Right to Water and Sanitation and Sustainable Development Goal 6 (SDG 6) 8
17 Water Risk Dashboard Vulnerability Resilience CONVERSATIONAL Vulnerability What do you do? Where do water risks lie in your value chain? From supply chain to end of product lifecycle? Where do you do it? What are the regions of concern and what water risks are most relevant or material? Resilience What are you doing about it? What is the company s response to these risks? And how much might the company lose due to water risks? 17
18 Know Where Risks Lie in Industry Value Chains 18
19 Geography Matters River Basins Mentioned by Companies in CDP Bloomberg s BMAPs and WRI Water Risk Atlas E.g. Dow Locations overlaid on regions of high water stress 19
20 Inventory of Water Research Resources 20
21 Business Case & Materiality Best Understood using Scenario Analysis, Stress Testing 21
22 Private Equity and Municipal Bonds 22
23 Engagement Resources A Successful Water Engagement Strategy is Aligned with Firm Priorities and Goals Key Water Engagement Questions Consider Collaborative Engagement Use Databases of Shareholder Resolutions and Proxy Voting Guidelines Resources and Groups to Support Productive Engagement on Water Engagement Tools: Private Equity, Equities, Fixed Income Track Engagement Over Time Drive Systems-Level Change Coming Feb 2018: 10+ Year Shareholder Resolution Trends on Water 29
24 Engagement as a Journey The Importance of Benchmarking Engagement Progress 24
25 Case Studies 25
26 Engage Further w/ Ceres & The Investor Water Toolkit Next Webinar Deep-Dive: February 2018: Private Equity Water Due Diligence Introducing the Decision-Tree for Investors Q1 2018: The Importance of Investor Engagement on Water Exploring the Power and Tactics of Shareholder Engagement Get Involved: Join Ceres Investor Water Hub Participate in Expert Webinar Series Contribute a Toolkit Case Study in
27 Q&A 27
28 For more information, visit us: Monika Freyman 32
Investor perspective; the importance of corporate water stewardship and disclosure
Investor perspective; the importance of corporate water stewardship and disclosure 26 th March 2015 sarah.robertson@cdp.net CBichta@bostoncommonasset.com Chris.fowle@cdp.net Page 1 Agenda Introduction
Carbon Disclosure Project Reporting Made Easy: Trends & Techniques from the Trenches
*Don t forget to call in to our teleconference line for the audio of this webinar: Primary Dial-In: (877) 594-8353 Passcode: 39647094 Carbon Disclosure Project Reporting Made Easy: Trends & Techniques
Inquiry into establishing a Modern Slavery Act in Australia Submission 39
poor working conditions among UK-listed companies. In our view, and based on dialogues with companies as part of the collaborative engagement on supply chain labour, board level oversight of labour practices
Policy on Responsible Investing
Policy on Responsible Investing August 10, 2010 1.0 Our Mandate... 1 2.0 Our Principles... 1 3.0 Investment Strategy... 2 4.0 Engagement... 2 4.1 Engagement Focus Areas... 2 4.2 Direct Engagement... 3
Responsible investments. at Nordea Life & Pensions
Responsible investments at Nordea Life & Pensions Nordea Life & Pensions signed the UN Principles for Responsible Investments in 2014 and since then we have been working on implementing the principles
ESG Policy & Process. 1. Overview and Philosophy
Wells Capital Management ESG Policy & Process Updated March 2018 1. Overview and Philosophy Through our independent and specialized investment teams, Wells Fargo Asset Management ( WFAM ) 1 brings together
THE BRETTON WOODS II LEADERS LIST. The 25 Most Responsible Asset Allocators. BRETTON WOODS II A New Business Model for Social Finance
THE BRETTON WOODS II LEADERS LIST The 25 Most Responsible Asset Allocators BRETTON WOODS II A New Business Model for Social Finance OCTOBER 2017 THE 25 MOST RESPONSIBLE ASSET ALLOCATORS No sensible asset
Applying Mission Focus to Your Investment Policy Statement through ENVIRONMENTAL, SOCIAL, AND GOVERNANCE (ESG) INVESTING
Applying Mission Focus to Your Investment Policy Statement through ENVIRONMENTAL, SOCIAL, AND GOVERNANCE (ESG) INVESTING JUNE 2017 APPLYING MISSION FOCUS TO YOUR INVESTMENT POLICY STATEMENT THROUGH ESG
EXAMINING RISK FROM A WIDER ANGLE SUSTAINABLE FIXED INCOME INVESTING
EXAMINING RISK FROM A WIDER ANGLE SUSTAINABLE FIXED INCOME INVESTING Sustainable investing is neither a niche, nor a willing sacrifice of investment return for the sake of some other goal. Rather, it is
Seeking better outcomes.
RI summary report 2018 Seeking better outcomes. For investors, our communities and the planet. Nuveen believes that responsible investing principles can help provide enduring benefits for our clients and
Wespath Analytical Insights ESG Integration in External Asset Manager Selection
Wespath Analytical Insights ESG Integration in External Asset Manager Selection Uncovering Managers ESG Strengths in the Search Process a division of Wespath Benefits and Investments, a general agency
CORPORATE ENGAGEMENT Focus List You can t change a company you don t have a stake in
CORPORATE ENGAGEMENT Focus List 2018 CORPORATE ENGAGEMENT Focus List 2018 You can t change a company you don t have a stake in We use the special rights that come with shareholder status to expand our
PRI Reporting Framework Main definitions 2018
PRI Reporting Framework Main definitions 2018 November 2017 reporting@unpri.org +44 (0) 20 3714 3187 Table of Contents Introduction 2 ESG issues 3 Active/ Passive investments 4 ESG incorporation 5 Active
The Evolution of SEC Disclosure
The Evolution of SEC Disclosure The Materiality of ESG Information and its Use by Investors Sustainability Accounting Standards Board & Workiva March 14, 2017 2017 SASB Obtaining Your CPE Credit One hour
NEI Corporate Engagement Focus List Q3 Update: October 2018
Company Overview ESG Issues Dialogue Results Holdings ENERGY CNRL Canadian Natural Resources Limited (CNRL) is an oil and gas exploration, development and production company with its corporate head office
CDP investor program Understanding climate risks and maximising financial rewards: The benefits to signatories and members
CDP investor program Understanding climate risks and maximising financial rewards: The benefits to signatories and members CDP works with investors, companies and governments to drive industrial-scale
The next step: Investor s role in protecting water security
The next step: Investor s role in protecting water security Laurent Babikian Director Investor Engagement Europe Page 1 Water insecurity - the case for action Demand for water is expected to increase in
Sustainable Investing
FOR INSTITUTIONAL/WHOLESALE/PROFESSIONAL CLIENTS AND QUALIFIED INVESTORS ONLY NOT FOR RETAIL USE OR DISTRIBUTION Sustainable Investing Investment Perspective on Climate Risk February 2017 Clients entrust
ESG: Everyone Says Give Us More Data. Sarah Wilson Responsible Investment TIAA Global Asset Management
ESG: Everyone Says Give Us More Data Sarah Wilson Responsible Investment TIAA Global Asset Management November 10, 2016 Responsible Investment at TIAA: Seeking competitive returns while making a positive
Activist Defense Practice
Activist Defense Practice Peter Casey Executive Vice President - Proxy Solicitation Group pcasey@allianceadvisorsllc.com Jeffrey Nisenson Senior Vice President - Market Surveillance Group jnisenson@allianceadvisorsllc.com
bcimc Responsible Investing Newsletter
Vol. 4 No. 1 MAY 2017 ENVIRONMENTAL SOCIAL GOVERNANCE bcimc Responsible Investing Newsletter TOPIC: WATER bcimc is a global investor that provides investment management services to British Columbia s public
THE STATE OF CLIMATE CHANGE RISK MANAGEMENT BY INSTITUTIONAL INVESTORS
FROM MSCI ESG RESEARCH LLC THE STATE OF CLIMATE CHANGE RISK MANAGEMENT BY INSTITUTIONAL INVESTORS Current Status and Future Trends Short Version* July 2017 Manish Shakdwipee *The full version of this report
This authority will come into effect on January 1, Prior to that date, the City is required to complete the following two steps:
EX29.6 REPORT FOR ACTION New City of Toronto Investment Policy Date: November 15, 2017 To: Executive Committee From: Acting Chief Financial Officer Wards: All SUMMARY This report recommends a revised Investment
Statement on Climate Change
Statement on Climate Change BMO Financial Group (BMO) considers climate change one of the defining issues of our generation. Everyone, including BMO, bears responsibility for the effectiveness of the response.
G7 Investor. Global Initiatives. iglobalinitiatives.com
G7 Investor Global Initiatives iglobalinitiatives.com INITIATIVE #1 INVESTING IN GROWTH THAT WORKS FOR EVERYONE Enhancing expertise in infrastructure financing and development 2 THE CASE FOR CHANGE...
Green Muni Bonds: Responsible investing in a centuries-old asset class. July 2017 ARTICLE HIGHLIGHTS
July 2017 Green Muni Bonds: Responsible investing in a centuries-old asset class Stephen M. Liberatore, CFA Lead Portfolio Manager Responsible Investment Fixed Income Strategies TIAA Investments Joel H.
Climate change for asset owners
ICPM Climate Change Working Group Climate change for asset owners The ICPM guide to integrating climate change considerations in investment processes June 2018 About International Centre for Pension Management
+ 50% by In the short term: 50% increase in low carbon investments. + investment
Responsible investment Our investment strategy to address climate change Table of contents Investing in light of a changing climate Summary Four principles A rigorous process A risk and opportunity analysis
ESG: Impact on Companies Doing Business in America and Why They Must Care
ESG: Impact on Companies Doing Business in America and Why They Must Care 1 INTRODUCTION When the environmental, social and governance (ESG) movement first began to take shape across corporate America
Schroder US Small Cap Equity
Schroder US Small Cap Equity Strategy Overview Summary Firm highlights The Schroder US Small Cap Equity Strategy is a bottom-up, fundamental and researchbased approach. The portfolio manager and analysts
Advancing the implementation of Nationally Determined Contributions in Africa the role of climate finance
Advancing the implementation of Nationally Determined Contributions in Africa the role of climate finance 7th Climate Change and Development in Africa Conference 11 October 2018, Safari Park Hotel, Nairobi,
ESG Integration Appraisal Reporting Form (2015/2016)
ESG Integration Appraisal Reporting Form (2015/2016) Please consider activities during calendar year 2015 and fill out the information for Firm level or Wespath s specific Investment Strategy level as
RESPONSIBLE INVESTING ACTIVELY DESIGNING SOLUTIONS FOR THE FUTURE
RESPONSIBLE INVESTING ACTIVELY DESIGNING SOLUTIONS FOR THE FUTURE OUR APPROACH NOT ALL RESPONSIBLE INVESTMENT SOLUTIONS ARE CREATED EQUAL Different organizations define responsible investing in different
Fund Scorecards FAQ Morningstar's Due Diligence Reports
? FAQ Morningstar's Due Diligence Reports Due Diligence Reports 1 January 2017 Contents 1 Description 2 Frequently Asked Questions Michael Laske Manager Research & Due Diligence Reports Product Manager
Best practice in fixed income and environmental issues. Hilkka Komulainen, Project Manager, Fixed Income and Infrastructure
Best practice in fixed income and environmental issues Hilkka Komulainen, Project Manager, Fixed Income and Infrastructure ESG strategies in fixed income Both globally and in the Nordics, screening is
T100: Launch Report. Insights from the Frontier of Impact Investing. Global Webinar, May 22 nd, 2017
T100: Launch Report Insights from the Frontier of Impact Investing Global Webinar, May 22 nd, 2017 www.toniic.com/t100 TECHNICAL ASPECTS Recording This webinar will be recorded and shared on the Toniic
Presentation from 2016 World Water Week in Stockholm www.worldwaterweek.org The authors, all rights reserved SIWI siwi.org Trickle down waternomics Cate Lamb, Global Director of Programs, CDP August 29,
Introduction. The Assessment consists of: Evaluation questions that assess best practices. A rating system to rank your board s current practices.
ESG / Sustainability Governance Assessment: A Roadmap to Build a Sustainable Board By Coro Strandberg President, Strandberg Consulting www.corostrandberg.com November 2017 Introduction This is a tool for
Developing a Framework for Financial Institutions to Set Science-based Targets. February 8, 2018
Developing a Framework for Financial Institutions to Set Science-based Targets February 8, 2018 Meet the speakers Nate Aden Cynthia Cummis Giel Linthorst Jakob Thomae Senior Fellow WRI Director of Private
Evaluating Performance of Alternative Investments
INSIDE THIS PAPER Overview 1 Basic Alternative Investment Classifications 2-3 Performance Measurement Challenges with Alternative Investments 4 GIPS Guidance for Alternative Investment Performance 5 Investments
CLIMATE RISK NORWEGIAN CLIMATE RISK COMMISSION PATRICK DU PLESSIS
CLIMATE RISK NORWEGIAN CLIMATE RISK COMMISSION PATRICK DU PLESSIS Agenda 1. Responsible investment at Norges Bank Investment Management Overview Role and contributions of Risk Monitoring Department 2.
BEST PRACTICES FOR RESPONSIBLE INVESTING
BEST PRACTICES FOR RESPONSIBLE INVESTING Portfolio management, research, ownership and collaboration May 2018 ABSTRACT In the coming years, Responsible Investing will be routine. Understanding how Environment,
A S E A N. SDG baseline ZERO HUNGER QUALITY EDUCATION GENDER EQUALITY GOOD HEALTH AND WELL-BEING CLEAN WATER AND SANITATION NO POVERTY
NO POVERTY ZERO HUNGER GOOD HEALTH AND WELL-BEING QUALITY EDUCATION GENDER EQUALITY CLEAN WATER AND SANITATION AFFORDABLE AND CLEAN ENERGY DECENT WORK AND ECONOMIC GROWTH INDUSTRY, INNOVATION AND INFRASTRUCTURE
Asset Management FOCUS INVESTMENT RESEARCH
Asset Management FOCUS INVESTMENT RESEARCH EXPERTISE ACROSS A WIDE RANGE OF INVESTMENT DISCIPLINES FOCUS INVESTMENT RESEARCH FOCUS Investment Research offers a solid foundation for the development of a
Differences between ESG scores among data vendors
ESG Ratings Differences between ESG scores among data vendors Duane R. Roberts, CFA Director of Equities Photo by JLKG 6/2018 Rocky Mountain National Park Since the wave of new ESG specific and larger
ASSET MANAGEMENT STRATEGY
ASSET MANAGEMENT STRATEGY 2017 What is Asset Management? The Town of Olds has defined Asset Management as the process of making decisions about the use and care of physical and natural assets in a way
BEST PRACTICES FOR RESPONSIBLE INVESTING
BEST PRACTICES FOR RESPONSIBLE INVESTING Portfolio management, research, ownership and collaboration May 2018 ABSTRACT In the coming years, Responsible Investing will be routine. Understanding how Environment,
***Revised*** Additions shown by underscoring; deletions shown by strikethrough
***Revised*** Additions shown by underscoring; deletions shown by strikethrough Office of the Chief Investment Officer I-1 TO MEMBERS OF THE COMMITTEE ON INVESTMENTS / INVESTMENT ADVISORY GROUP: For Meeting
IRIS, The Alliance for Water Stewardship, and the Investor Perspective
IRIS, The Alliance for Water Stewardship, and the Investor Perspective IRIS Standards Series February 28, 2018 1 Agenda Background on the Alliance for Water Stewardship (AWS) How the AWS Standard & IRIS
Sustainability Hub: Reporting and SDG Impact Measurement. What do investors use SDG information for?
Sustainability Hub: Reporting and SDG Impact Measurement What do investors use SDG information for? Matthew Smith Storebrand Asset Management 25.04.2018 About Storebrand Market leader in the Nordics 30
RESPONSIBLE INVESTING ACTIVELY DESIGNING SOLUTIONS FOR THE FUTURE
RESPONSIBLE INVESTING ACTIVELY DESIGNING SOLUTIONS FOR THE FUTURE THIS BROCHURE IS PRINTED ON SUSTAINABLY RESOURCED AND RECYCLED PAPER STOCK OUR APPROACH NOT ALL RESPONSIBLE INVESTING SOLUTIONS ARE CREATED
Stora Enso Green Bonds Q&A
1/5 Stora Enso Green Bonds Q&A General questions What is a Green Bond? Green Bonds are any type of bond instrument where the proceeds will be exclusively applied to finance or re-finance, in part or in
Investment OVERVIEW: 4 TH QUARTER 2017 DA N A LARGE CAP E Q U I T Y STRATEGY.
Investment DANA Advisors OVERVIEW: 4 TH QUARTER 2017 DA N A LARGE CAP E Q U I T Y STRATEGY THE WISE CHOICE HERITAGE A strong family culture Since our founding in 1980, Dana has remained independent and
University of North Florida Foundation, Inc. Statement of Investment Objectives and Policies
University of North Florida Foundation, Inc. Statement of Investment Objectives and Policies This Investment Policy Statement has been established by the University of North Florida Foundation, Inc. (the
Creating Green Bond Markets Insights, Innovations,
Sustainable Banking Network (SBN) Creating Green Bond Markets Insights, Innovations, and Tools from Emerging Markets October 2018 Executive Summary Sustainable Banking Network Executive Summary The emergence
PUSHING THE ENVELOPE: STATE INSURANCE REGULATOR AUTHORITY TO ADDRESS HEALTHCARE AFFORDABILITY
Welcome to: PUSHING THE ENVELOPE: STATE INSURANCE REGULATOR AUTHORITY TO ADDRESS HEALTHCARE AFFORDABILITY www.healthcarevaluehub.org @HealthValueHub Welcome and Introduction Lynn Quincy Director, Healthcare
The Successful Asset Mix Strategy
The Successful Asset Mix Strategy CAUBO 2016 June 12, 2016 www.usask.ca The Successful Asset Mix Strategy In a Sustainable World Sustainability Source: Wall Street Journal, Bloomberg, McKinsey & Company.
MSCI ESG FUND METRICS METHODOLOGY
MSCI ESG FUND METRICS METHODOLOGY MSCI ESG FUND METRICS METHODOLOGY. Executive Summary May 2017 CONTENTS 1 Executive Summary... 3 1.1 MSCI S Approach To Fund Metrics... 3 1.2 MSCI ESG Fund Metrics Features...
EY India GIC Benchmarking Study
EY India GIC Benchmarking Study 8 th Edition 1 We are pleased to launch the 8 th edition of the EY GIC Benchmarking study Over the last decade, GICs in India have emerged as a powerful value creator, pushing
Negative Net Cash Flow: Red Flag or Red Herring?
Negative Net Cash Flow: Red Flag or Red Herring? PRESENTED ON MAY 16, 2018 NATIONAL CONFERENCE ON PUBLIC EMPLOYEE RETIREMENT SYSTEMS (NCPERS) Adam Hickman, ASA Asset Liability Research Director PNC Institutional
Eight Ways to Measure Financial Health
Eight Ways to Measure Financial Health April 2016 Leading the Nation in Consumer Financial Health MEMBERSHIP CONSULTING RESEARCH INNOVATION EVENTS IMPACT 8 Ways to Measure Financial Health How Banks, Credit
Helping communities weather the storm. Shawna Peddle Adaptation Canada 2016 April 13, 2016
Helping communities weather the storm Shawna Peddle Adaptation Canada 2016 April 13, 2016 FLOOD HAPPENS Our climate is changing Increasing precipitation, snow and ice melt Our communities are changing
LPL RESEARCH THOUGHT. October 2018 LEADERSHIP. Sustainable Investing. Strategic Discover y MEMBER FINRA/SIPC
LPL RESEARCH P R I VA T E C L I E N T THOUGHT October 2018 LEADERSHIP Sustainable Investing Strategic Discover y MEMBER FINRA/SIPC CONSIDER THE FOLLOWING An energy company fails to uphold sound health
University of Melbourne. Sustainable Investment Framework. Background
University of Melbourne Sustainable Investment Framework Background The University of Melbourne (the University) is committed to sustainability in everything it does, from teaching and learning to research,
Webinar: Bringing the PRI Principles to life
Webinar: Bringing the PRI Principles to life SASB as a toolset Sustainability Accounting Standards Board & PRI June 27, 2017 SASB Your Panelists Janine Guillot Director of Capital Markets Policy and Outreach
Pursuing Climate Justice within Environmental, Social and Governance Investment Frameworks 1
Pursuing Climate Justice within Environmental, Social and Governance Investment Frameworks 1 Climate Justice works at the intersection of climate change, development and human rights to achieve a people
An Investor Handbook for Water Risk Integration
An Investor Handbook for Water Risk Integration Practices & Ideas Shared by 35 Global Investors A Ceres Report March 2015 Authored by Monika Freyman, CFA Siobhan Collins Brooke Barton Acknowledgements
IF CARBON FOOTPRINTING IS THE ANSWER, THEN WHAT IS THE QUESTION? ASSET OWNERS REFLECTIONS ON CURRENT PRACTICE IN CARBON REPORTING
IF CARBON FOOTPRINTING IS THE ANSWER, THEN WHAT IS THE QUESTION? ASSET OWNERS REFLECTIONS ON CURRENT PRACTICE IN CARBON REPORTING There are expectations on institutional investors (asset managers, asset
IS ESG A FACTOR? ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) CAN LOOK AND FEEL LIKE AN EQUITY FACTOR. WE TOOK A DEEPER LOOK TO FIND OUT.
REPRINTED FROM POINT OF VIEW MARCH 2018 IS ESG A FACTOR? ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) CAN LOOK AND FEEL LIKE AN EQUITY FACTOR. WE TOOK A DEEPER LOOK TO FIND OUT. At a high level, a factor
BENCHMARKING GLOBAL REAL ESTATE & INFRASTRUCTURE
BENCHMARKING GLOBAL REAL ESTATE & INFRASTRUCTURE SPS Conference, London, 8 th October 2015 Mark Clacy-Jones, Head of Applied Research, Real Estate, MSCI 2015 MSCI Inc. All rights reserved. Please refer
Climate Change, Water, Forests, and Commodities. Fiona Reynolds, Managing Director CDP event, Tokyo 24 th October 2017
Climate Change, Water, Forests, and Commodities Fiona Reynolds, Managing Director CDP event, Tokyo 24 th October 2017 THE PRI Investor-led, supported by the United Nations The PRI works with its international
Introduction. The Assessment consists of: A checklist of best, good and leading practices A rating system to rank your company s current practices.
ESG / CSR / Sustainability Governance and Management Assessment By Coro Strandberg President, Strandberg Consulting www.corostrandberg.com September 2017 Introduction This ESG / CSR / Sustainability Governance
THE EXPERT PANEL ON SUSTAINABLE FINANCE EXECUTIVE SUMMARY
THE EXPERT PANEL ON SUSTAINABLE FINANCE EXECUTIVE SUMMARY Cat. No.: En4-350/2018E-PDF ISSN: 978-0-660-28204-6 Unless otherwise specified, you may not reproduce materials in this publication, in whole or
A Renewed Focus on Risk Management at US Public Pensions
A Renewed Focus on Risk Management at US Public Pensions A Client Case Study: Massachusetts Pension Reserves Investment Management Board Doug Slater, CFA douglas.slater@ About PRIM Massachusetts Pension
West Midlands Pension Fund. Responsible Investment Framework 2015
West Midlands Pension Fund Responsible Investment Framework 2015 June 2015 Responsible Investment Framework 2015 1) Introduction This framework defines the commitment of West Midlands Pension Fund ( the
TIAA-CREF Asset Management. TIAA-CREF Global Real Estate Strategies. A solid foundation of forward thinking.
TIAA-CREF Asset Management TIAA-CREF Global Real Estate Strategies A solid foundation of forward thinking. Over decades of real estate investing, we have developed a robust investment platform and an extensive
Integrating Climate Change-related Factors in Institutional Investment
ROUND TABLE ON SUSTAINABLE DEVELOPMENT Integrating Climate Change-related Factors in Institutional Investment Summary of the 36 th Round Table on Sustainable Development 1 8-9 February 2018, Château de
Investing with Impact. Creating Economic, Social and Environmental Value
Investing with Impact Creating Economic, Social and Environmental Value Delivering Value Across Multiple Dimensions The Investing with Impact Platform focuses on flexibility and engagement, allowing both
PGGM Responsible Investment in Real Estate
pggm.nl pggm.nl PGGM Responsible Investment in Real Estate January 2018 Responsible Investment in Real Estate 1. Introduction On behalf of its clients, PGGM Investments manages several real estate investment
pggm.nl pggm.nl PGGM Fixed Income Green and social bond framework Adopted by PGGM Vermogensbeheer BV
pggm.nl pggm.nl PGGM Fixed Income Green and social bond framework d December 2017 Adopted by PGGM Vermogensbeheer BV PGGM Fixed Income Green and social bond framework 1. Introduction Dedicated use-of-proceeds
Environmental, Social and Governance Investing
NORTHERN TRUST ASSET MANAGEMENT Environmental, Social and Governance Investing Avantika Saisekar ESG Product Specialist 1 NORTHERN TRUST RESPONSIBLE INVESTING OVERVIEW WHO WE ARE AUM PROFILE $65B INNOVATIVE
See differently. Invest differently. Global alternative opportunities for institutional investors
See differently. Invest differently. Global alternative opportunities for institutional investors An established global leader TIAA Global Asset Management provides institutional investors with access
ENVIRONMENTAL, SOCIAL & GOVERNANCE (ESG) INVESTMENT TRENDS
FROM MSCI ESG RESEARCH LLC. ENVIRONMENTAL, SOCIAL & GOVERNANCE (ESG) INVESTMENT TRENDS Michelle Lapolla Friedman, Executive Director, MSCI ESG Research August 2017 INTRODUCING MSCI ESG RESEARCH 170+ ESG
West Midlands Pension Fund. Statement of Investment Principles 2016
West Midlands Pension Fund Statement of Investment Principles 2016 September 2016 Statement of Investment Principles 2016 1) Introduction This is the Statement of Investment Principles (the Statement )
ESG Engagement: Public Equities Priorities and Process. British Columbia Investment Management Corporation
ESG ENGAGEMENT: PUBLIC EQUITIES PRIORITIES AND PROCESS 1 ESG Engagement: Public Equities Priorities and Process 2016 British Columbia Investment Management Corporation Table of Contents Context...1 Approaches
NZ Funds KiwiSaver Scheme. Statement of Investment Policy and Objectives
NZ Funds KiwiSaver Scheme Statement of Investment Policy and Objectives 28 March 2018 contents 1. Description of the NZ Funds KiwiSaver Scheme 3 2. Philosophy and overview 3 3. Strategy approach 4 4. Investment
Tax-Exempt Bond Fund Money Manager and Russell Investments Overview September 2017
Money Manager and Russell Investments Overview September 2017 RUSSELL INVESTMENTS APPROACH Russell Investments uses a multi-asset approach to investing, combining asset allocation, manager selection and
Investors who are taking action
Do you analyze and assess the climate change-related risks and opportunities in individual portfolios or across your investment portfolio as a whole in line with the Task Force on Climate-related Financial
An Unparalleled Economic Opportunity
An Unparalleled Economic Opportunity Tourism is the world s 4th fastest growing industry 1 billion international travellers $1 trillion in revenues 4% growth globally per year Tourism s footprint in Canada
Statement of Investor Commitment to Support a Just Transition on Climate Change
Statement of Investor Commitment to Support a Just Transition on Climate Change This statement is endorsed by 116 investors representing US $5.46 trillion in assets. As investors with a requirement to
Responsible Investment Policy 2018
Responsible Investment Policy 2018 Antin Infrastructure Partners Responsible Investment Policy 2018 Founding principles and objectives Antin is a long-term investor committed to responsible investment
Kohlberg Kravis Roberts & Co. L.P. An investor initiative in partnership with UNEP Finance Initiative and UN Global Compact
RI TRANSPARENCY REPOR T 201 6 Kohlberg Kravis Roberts & Co. L.P. An investor initiative in partnership with UNEP Finance Initiative and UN Global Compact About this report The PRI Reporting Framework is
Integrating Sustainability Into Your Company's Investment Strategy (with service providers bonus guide)
Integrating Sustainability Into Your Company's Investment Strategy (with service providers bonus guide) Sustainability Management Solutions About Sustrana Sustrana is a strategic sustainability management
Integrating ESG what does it mean in Practice?
Principles for Responsible Investment Integrating ESG what does it mean in Practice? Katie Swanston Head of Implementation Support, PRI The PRI The six Principles 1. We will incorporate ESG issues into
The Sustainability Edge in Real Estate Investing
The Sustainability Edge in Real Estate Investing Commercial real estate can have a significant impact on the environment and an increasing number of real estate industry professionals are incorporating
MERCER SENTINEL SERVICES
HEALTH WEALTH CAREER MERCER SENTINEL GROUP MERCER SENTINEL SERVICES MERCER SENTINEL SERVICES 2 FIDUCIARY CHALLENGES In managing institutional investment programs, the primary focus is typically investment
To The Financial Stability Board Task Force on Climate-Related Financial Disclosures ( TCFD ) By to
Hermes Equity Ownership Services Limited 1 Portsoken Street London E1 8HZ United Kingdom Tel: +44 (0)20 7702 0888 Fax: +44 (0)20 7702 9452 www.hermes-investment.com To The Financial Stability Board Task
Housing Counselor Certification for Minnesota PHAs, HRAs, HCAs, and CPD Stakeholders
Housing Counselor Certification for Minnesota PHAs, HRAs, HCAs, and CPD Stakeholders Audio is available only by conference call Please call: (800) 260-0712 Participant Access Code: 420332 to join the conference
TRADERS NEWS SOURCE. Description
TRADERS NEWS SOURCE Vanguard Natural Resources LLC: sustaining the tough times Vanguard Natural Resources LLC (NASDAQ: VNR), once well known for stable dividend payout, has suffered a decline dictated
T. ROWE PRICE ENGAGEMENT POLICY
T. ROWE PRICE ENGAGEMENT POLICY At T. Rowe Price, we believe it is our responsibility as an asset manager to safeguard our clients interests through active ownership, monitoring, and mutual engagement