Best practices in ESG management are dynamic; changing with new regulation, lawsuits, investigative journalism, and research. Every month, our team evaluates these changes to provide the best advice to our clients. We’re happy to present a curated list of what we’re reading, which we’ll send on the last Thursday of each month. We hope you enjoy. – Ryan Miller
On COVID-19:
The COVID-19 Pandemic could elevate ESG issues, analysts say (Wall Street Journal)
77% of Responsible Investor readers surveyed believe the COVID-19 pandemic will help the case for ‘long-termism’ (Responsible Investor)
$25B Generation Investment Management believe responsible investing is especially important in relation to COVID-19 (ImpactAlpha)
A private equity-owned hospital threatened to shut down amidst the COVID-19 pandemic, earning local scorn (Lehigh Valley Live)
JUST Capital is maintaining a COVID-19 tracker of how businesses are stepping up to support their stakeholders (JUST Capital)
On ESG and Impact:
Six of the world’s largest asset managers received a “poor” rating on ESG integration from ShareAction (Responsible Investor)
$4B fund Investindustrial established an ambitious set of ESG goals during its raise (Business Insider)
ESG and Stewardship teams at large asset managers have boomed over the past few years (Financial Times)
36 impact investors have made Chicago a national hub (ImpactAlpha)
Nordic asset manager Storebrand has led the pack in returns and approach on ESG (Bloomberg)
On Private Equity:
Private equity firms and their portfolio companies have become prime targets for ransomware (Bloomberg)
On Business:
The story of Outdoor Voices marries the challenges of unprofitable start-ups and the challenges of retail (New York Times)
The world’s meat industry faces an existential risk related to climate change (Reuters)
Walmart would have faced criminal charges in the opioid epidemic if Trump appointees hadn’t intervened (ProPublica)
An acquisition and strategic change are at the heart of the US ventilator shortage (New York Times)