How to talk to corporates about climate (and make sure they listen)
Climate engagement has been on investors’ agendas for more than a decade. So what progress has been made in that time? What have we learned about what works and what doesn’t? And, crucially, what does that mean for how we move forward?
To explore these questions, our editor Lucy Fitzgeorge-Parker sat down with sustainability and stewardship veteran Colin Melvin of Arkadiko Partners. As co-author of the Principles for Responsible Investment and founder of engagement specialist Hermes EOS, he has been at the forefront of conversations on climate and corporate action for 20 years.
In this episode, he discusses climate engagement in the era of ESG backlash, the role of fiduciary duty, how to prioritise corporate engagements, and the dangers of separating sustainability from core investment practice.
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Exit interview: New York City comptroller Brad Lander
Over the course of his three years as comptroller of New York City, Brad Lander has guided the city's pension systems in achieving their climate targets, divesting from fossil fuel companies and seeing significant success with shareholder resolutions on a range of topics.
Lander, whose term will end in January, joins The Responsible Investor Podcast to discuss his proudest achievements in office, the future of shareholder proposals and whether he thinks responsible investment can survive Donald Trump's second term.
After declining to run for re-election in order to make a bid for the mayor's office, Lander also discusses what advice he would give to his successor and what he still wants to get done during his remaining time in office.
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Steering a $100bn US state pension fund to net zero
At $96 billion in assets, the Oregon Public Employees Retirement System is one of the largest public pension funds in the US. As of this year, it is also one of the few to have been handed a legal mandate to manage climate risk in its investments.
In this episode, Oregon state treasurer Elizabeth Steiner discusses the state's new legislation on climate investment, the challenges and trade-offs of steering a giant portfolio towards net zero, and the conversations the fund is having with portfolio companies and asset managers over their climate rollbacks.
Steiner spent over a decade as an Oregon state senator before being elected treasurer last year. Her responsibilities include running the state's debt management operations and savings programmes, as well as managing its pension funds and other investments.
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EU Omnibus: What's at stake for the bloc's sustainability rules this autumn?
After a turbulent first half of the year following the release of the EU's sustainability Omnibus, Brussels is back in session and gearing up for a busy autumn of discussions and decisions on how to simplify a number of sustainable finance regulations.
Formal negotiations between EU lawmakers are expected to kick off shortly on proposed changes to the Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD), while a consultation on the European Sustainability Reporting Standards (ESRS) will close at the end of this month.
It comes as the European Commission last month promised the US that it will make efforts to ensure its corporate sustainability reporting and due diligence rules do not impose “undue restrictions” on transatlantic trade.
In this episode, senior reporter Fiona McNally – who has been on the ground in Brussels – talks to deputy editor Elza Holmstedt Pell about the biggest things to watch for as the future of EU sustainability and green rules are determined.
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A field guide to responsible investing
In this episode, we are joined by Amy O'Brien, global head of responsible investing at asset manager Nuveen.
She joins us to discuss her new book, A Field Guide to Responsible Investing: Asset Management in the Age of Polycrises. Drawing from her three decades of experience in responsible investment, the book "takes readers on a journey of the evolution of responsible investing, how it works today, why it’s integral to investment considerations, and how we can finally get a grip on its efficacy."
This episode covers data dilemmas, what critics get right – and wrong – about responsible investment, what might help bridge the divide, and Amy's thoughts on the future of the responsible investment industry.
The Responsible Investor Podcast delves into the latest developments and debates in sustainable investment. Hear our award-winning journalists and influential industry guests share their insights on topics such as net-zero, transition finance, biodiversity and nature, regulation, and ESG data and disclosure.
Listen to The Responsible Investor Podcast, The Diary Of A CEO with Steven Bartlett and many other podcasts from around the world with the radio.net app
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