Recasting ESG – Separating Drivers from Impacts
The building blocks of Environmental, Social and Governance (ESG) metrics were never intended to be equal or commensurable. Good governance is a driver of positive environmental and social outcomes and impacts, rather than the impact itself. Yet the desire to create marketability for products based around ESG ratings has led to a distortion of their […]
Manage What You Measure: US Sustainability Trends and Benchmarks
Fund managers returning to their desks following the Independence Day barbecues, were most likely unaware that each million dollars they commit to a well-known US index of the 500 top US companies generates $3,700 of negative environmental impact from companies’ operations alone. These same investors may have been less surprised to discover that nearly 70% […]
