New Hires Reflective of Focus on Governance
Over the past year, Sustainalytics has grown tremendously and now stands at over 180 staff members in 14 locations worldwide. Our expanding team not only supports our current research and analysis but will also help to enhance our capabilities in the area of corporate governance.
In August, Gary Hewitt became the new head of corporate governance research and leads the development of an expanded suite of corporate governance research and data products which will be integrated with Sustainalytics’ existing market-leading ESG research solutions.
The firm also welcomed Cheryl Gustitus as global director, marketing and strategic initiatives. She leads the company’s marketing and communications programmes and will also play a part in rolling out the firm’s expanded governance product suite. Learn more about Gary, Cheryl and our other new staff members by visiting our team page.
Sustainability Bond Services Continue to Attract Interest
Sustainalytics’ Sustainability Bond Services continues to attract the attention of issuers interested in bringing their bonds to market. In September, Cross Keys Homes, a U.K.-based, not-for-profit housing association, issued a £150 million ESG bond aligned with its environmental and social commitments. Drafted with Sustainalytics, the bond framework provides criteria for use of proceeds, management of proceeds and reporting on allocations. In October, Dutch financial institution BNG Bank announced plans to issue its first ESG bond. BNG Bank solicited a review from Sustainalytics of its bond framework before taking it to potential investors. (Click here to read our opinion on the framework)
At a recent event hosted by Humanis in Paris, France, Sustainalytics’ responsible investment manager Jean-Florent Helfre was part of a panel on the evolving green bond space. Joined by Gregory Schneider-Maunoury, head of SRI at Humanis Gestion d'Actifs, and Christophe Garot, CSR Head of Sustainability at Unibail Rodamco, they discussed the future development of the green bond market, shared experiences around the issuance of a bond (Unibail Rodamco issued a real estate green bond in early 2014) and discussed the role of rating agencies in developing green bond frameworks and providing opinions on them.
Channel NewsAsia Sustainability Ranking Launched
On September 16, regional broadcaster Channel NewsAsia, along with its partners CSR Asia and Sustainalytics, launched the Channel NewsAsia Sustainability Ranking for Asia’s top businesses. As the first of its kind in Asia, the ranking identifies and celebrates the leading firms in corporate sustainability across ten key Asian economies: China, Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore, South Korea, Taiwan and Thailand.
Topping the inaugural list was India’s Tata Consultancy Services for its efforts in water conservation. Singapore real estate developer City Developments was second while Unilever Indonesia ranked third.
It is hoped that the Channel NewsAsia Sustainability Ranking provides businesses and their stakeholders with an annual benchmark to measure sustainability performance and spurs improvements. The ranking certainly seems to have piqued the interest of Asian corporations. As Annie White, Sustainalytics’ associate director of research and manager of this ranking project, wrote in a recent blog post: “Indeed, throughout the corridors of this year’s CSR Asia Summit, companies from across Asia are already buzzing about their intended performance on next year’s ranking.”
Sustainability on the Agenda at WorldPensionSummit 2014
This year's summit will see sustainability on the agenda for the first time and Sustainalytics CEO Michael Jantzi will be moderating the closing keynote panel Integrating ESG into Long-Term Thinking: Identifying Risks and Capturing Opportunities. Michael will be joined by:
- Eloy Lindeijer, CIO, PGGM,
- Fiona Reynolds, Managing Director, Principles for Responsible Investment and
- Lloyd Kurtz, CIO Nelson Capital Management.
2014 Sustainalytics Awards for Excellence Announced
The winners were announced during this year’s PRI Academic Network Conference in Montreal, Canada. According to PRI Academic Network Manager, Katherine Ng, “the quality of submissions this year was outstanding overall, making the work of the judging panel ever difficult.” Congratulations to the winners!
Sustainalytics works with South Africa's NOAH Capital Markets
Sustainalytics is pleased to be working with NOAH Capital Markets to raise awareness and build capacity around responsible investing in the region. Through this collaboration, NOAH will provide its investor clients with timely ESG research and analysis from Sustainalytics, allowing them to develop and enhance their responsible investment strategies.
The collaboration will enable NOAH’s clients to:
- Access a wide range of expertise in ESG integration and RI policy development and implementation;
- Obtain support in understanding how ESG factors may affect company performance; and
- Receive ad-hoc structural ESG research and analysis to underpin investment processes.