Majority of financial services companies plan to hire ESG specialist
A recent study has found 77% of respondents plan to hire an ESG specialist as they prepare for the UK’s new rules on sustainable investments to come into effect.
ESG Considerations for Compliance Teams
During the webinar, our esteemed panel of global leaders discuss the following topics:
– How can compliance professionals in financial services navigate ESG?
– What are the mandatory standards and frameworks financial services companies must comply with? (IFRS, SASB, TCFD)
– What are the voluntary standards that financial services should comply with?
– How can you shift your firm’s company culture to go above and beyond and fully commit to ESG?
ESG in the insurance industry – Ep5
The fifth episode of the “Engaging ESG” series will specifically focus on how ESG impacts the insurance industry.
In this episode you can look forward to learning about the key factors to consider in the valuation of policyholder liabilities and measurement of financial assets held by insurers as it relates to climate related risks together with the relevant required disclosures in the financial statements.
ESG compliance: what are the new challenges for banks?
Whilst sustainability is shifting from a hobby for a small group of do-gooders into a full-grown boardroom priority, financial institutions struggle to implement ESG regulations. Sustainability is not only an additional risk type, but a transformation changing the way financial institutions conduct their business. If you want to know more about implementing ESG regulations and the lessons learned, watch the video.
How ESG Metrics Work And Why All Investors Should Care
“The Conscious Investor” is presented by Nuveen.
Martin Kremenstein, head of retirement and ETF solutions at Nuveen, explains how ESG metrics serve as an indicator of quality and can be used as a risk management tool.
According to research from MSCI, companies in the bottom ESG quintile have been twice as likely to suffer a catastrophic loss (over 95% cumulative loss) within three years.
MSCI downgraded Equifax to the lowest ESG rating on cybersecurity concerns a year before the data breach was announced.
Kremenstein says that Facebook was excluded from Nuveen’s NuShares ESG Large-Cap Growth ETF from the time it launched in December 2016. He explains, “it scored relatively poorly, compared to other tech companies over data privacy concerns.”
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