“Just selling does nothing to address climate change, as ownership of the funds are just being transferred to someone else,” says one state pension fund official.
Institutional investors view greenwashing – where an organization presents itself as more environmentally friendly than it actually – as their top concern as they attempt to integrate ESG factors into investment decisions.
Scale, capital allocation and shareholder activism were top of the agenda as panelists at a recent Global Impact Investing Network (GIIN) conference discussed the best ways to attract more institutional investor funding to the battle against climate change.
Fund IV will seek to invest in U.S. based healthcare, education and financial services companies that can benefit from the firm’s deep network, operating expertise, and policy perspectives.
There is as yet no industry standard for what a net-zero portfolio even means, leaving investors and portfolio managers largely in the dark as to how they should try to get there.
To better understand the potential behind the changing nature of asset managers’ new working relationship with advisors, we reached out to Institute member Nathan Stevenson, CEO of ForwardLane.