Sustainable investment leaders interview: Pictet's Borremans on why balance in ESG reporting is needed to 'show the fuller picture'

Transparency over net zero plans vital in industry

In the fifth of a new series of interviews with sustainable investment leaders within the asset management industry, Ellie Duncan speaks to Eric Borremans, head of ESG at Pictet Asset Management, about the role of regulation in standardising reporting and the need to maximise the firm's 'collective power' to influence a positive outcome.

Despite the recent rush to embrace sustainability across fund ranges and into business models, the asset management industry still faces a major obstacle to fully align with its clients' needs, according to this week's ESG leader.   Reporting and the broad use of standardised data need to catch up with the industry's fast-paced shift in investment strategies, according to Eric Borremans, head of ESG at Pictet Asset Management.   He sees this area as an "essential element" of what investment clients are demanding on ESG support - and asset managers need to act quickly as this approach ...