Sustainable Investment Strategic Partners

Wespath’s strategic partnerships allow us to pool our resources and voices to achieve greater influence with companies across market sectors and around the globe. We work in partnership with other like-minded investors and organizations dedicated to corporate accountability and sustainability.

Our strategic partners complement Wespath’s full range of sustainable investing activities and include the groups below. We also work informally with our investor peers on issues of mutual concern.

The United Nations Principles for Responsible Investment (PRI)–adds a global perspective to our strategies

Ceres—offers scale when addressing environmental issues, particularly climate change. We are actively involved in Ceres’ Investor Network on Climate Risk (INCR)

Interfaith Center on Corporate Responsibility (ICCR)—allows for a stronger, faith-based voice

US Social Investment Forum (US SIF)—brings expertise on U.S. financial market policy issues

Council of Institutional Investors (CII)—connects us to U.S. corporate governance-focused peers

International Corporate Governance Network (ICGN)—provides access to global corporate governance peers

Thirty Percent Coalition—provides research and cooperation opportunities on global board diversity issues

Global Impact Investing Network—links us to a global network of impact investors

 

We often find opportunities to work with other asset owners separate from those partnerships in order to promote sustainable investment on a global scale. We have taken advantage of two unique opportunities to join together with our peers to help shape the global sustainability reporting landscape.

Transition Pathway Initiative (TPI)–Wespath was part of a group of 13 major global investors representing over $2.4 trillion in assets under management that developed the Transition Pathway Initiative (TPI). The TPI, which launched in early 2017, assesses how individual companies are positioning themselves for the transition to a low-carbon economy. Through a public, transparent online tool, TPI will enable investors to better understand how this shift could affect their portfolios. The assessment tool TPI has designed supports the requirements of the Task Force on Climate-Related Financial Disclosures (TCFD), comparing future projected emissions to the two-degree Celsius target and other current public policy commitments. The Initiative was led by the Church of England’s National Investing Bodies and the U.K.’s Environment Agency Pension Fund in partnership with the Grantham Research Institute at the London School of Economics.

Sustainability Accounting Standards Board’s (SASB) Investor Advisory Group (IAG)—In 2016, Wespath Chief Investment Officer Dave Zellner became a founding member of SASB’s IAG. The group, which includes global asset owners such as the California State Teachers’ Retirement System and asset managers including BlackRock and Goldman Sachs Asset Management, will work to improve the quality and uniformity of sustainability reporting by listed companies. By partnering with SASB and other like-minded investors, we are better able to encourage robust ESG disclosures among the companies in which we invest, as well as in the broader financial markets.

 

 
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