CEFGroup Deputy Director, Sebastian Gehricke, was recently interviewed by the Sharesies podcast discussing CEFGroup’s new working paper which explores Australasian fund managers’ stated ESG beliefs, motivations and strategy and evaluates their portfolio ESG performance.
The interview is 7 minutes in total (also available on apple music and other platforms): Click HERE
Key findings are as follows:
- ESG investing is driven mainly by expected value rather than values
- Climate Change is the most important ESG theme for fund managers
- Fund managers struggle to provide even the simplest climate risk metrics and when they do, these are underreported
- Climate initiative signatory funds have significantly higher #carbon intensities than non-signatories
For more details and a copy of the study visit:
New Research: In Holdings We Trust: Uncovering the ESG Fund Lemons
