“They think it’s SRI, that we’re going to screen alcohol or tobacco. You don’t want clients to think you’re compromising performance in any way. “It’s about making the best possible investment decision.” But the long-term nature of ESG risks meant that current remuneration models for brokers and funds managers, which are better aligned with short-term performance, did not always reward good management of ESG risks. This amounted to a “mismatch with long-term liabilities and issues”. The UNPRI issues the 97-question survey to signatories.
The shift of policy influence in recent years from Treasury to the ministers’ offices has likely contributed to the design of government's new performance measurement which has been panned by experts.
Matthew SmithOctober 19, 2020
Funds allocating to this area are finding that some forms of social housing investment helps stabilise portfolios as retail and commercial property face uncertainty.
Ben HurleyOctober 14, 2020