The acronym ESG continues to be the most overused word by every firm in the investment management industry, with companies stating it is ingrained in their DNA as investors and employers.
However, I do not see many firms meeting their own sustainability responsibilities by prioritising diversity to create a more inclusive and equitable industry. It is just another form of greenwashing. There has been a welcome increase in awareness through the #IAM, #BlackLivesMatter #TimesUp and #MeToo campaigns, but awareness does not equal action. To create impactful change, firms must make significant cultural changes, and that starts at the top. The lack of real, measurable results by investment managers demonstrates where diversity and inclusion sit in terms of importance. #I...
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