Rightly, the coverage highlighted how the COVID-19 pandemic has significantly increased focus on the Social aspect of the ESG triumvirate, and also encouraged corporates that “now is the time to emerge as a corporate ‘saint’ not ‘s
When asked in February whether he still supported or helped fund climate skeptic groups like GWPF, Herro responded that “given the importance of ESG, one must listen to all sides of any argument.”
Since it was first detected in December 2019, the virus has spread rapidly, having been declared a Public Health Emergency of International Concern on 30 January 2020, and is now characterised as a pandemic by the World Health Organisation.
This approach was reflected in the recent decision of the Fund to invest more than £500 million in a new climate factor fund, which aims to invest more in companies creating green technologies to combat climate change.
We gathered insights from the latest February reports from Boston Consulting Group (BCG), McKinsey & Company, and Kantar China, to give an overview of strategic alignment for companies to better survive through the COVID-19 crisis.
Ms Nazarova-Doyle said: “We are committed to being a responsible investor through the investments we make directly, the mandates we have in place with our fund managers, and through our position as an asset owner."