chinazh
Spearheading the sustainable investing movement

Spearheading the sustainable investing movement

21-11-2019 | 访问

Gilbert Van Hassel discusses leadership in sustainable investing and the S&P Global partnership deal.

If you look at the asset management industry today, sustainability seems to have taken over the scene. How do you feel about that?

“The asset management industry has seen many changes recently, perhaps the most exciting of which being the rate that sustainable investing has gained in popularity. Initiatives to tackle the major global problems of our times are opening up new markets, creating opportunities and producing more jobs. Clients are increasingly looking to build more sustainable portfolios, to meet the demands of their sponsors, participants and regulators.”

“And then there is the socioeconomic perspective and the many associated global challenges faced by our generation. While prioritizing growth above issues such as climate-change risks might lead to better returns in the short term, the long-term prospects for such a strategy are less rosy.”

“Rapidly becoming mainstream in Europe, we have seen sustainable investing gain ground in Asia and the US, too. But while many asset managers have added ESG integration to their list of services, the way in which they go about this differs greatly. However, with investors showing an increasing interest in the impact of their investments, one thing is certain – the impact has to be tangible.“

关注官方微信
QR code Wechat

Is this development an opportunity or a threat to Robeco?

“Sustainability is important for everyone these days. We have seen many asset managers claiming to be leaders in this field, but only a few can say that it’s been part of their core business for more than 20 years. Robeco launched its first sustainability product in 1999. It’s not something we just do on the side; it’s part of the company’s DNA and fully integrated into all our investment processes. This won’t change – we will stay at the forefront and keep pushing the boundaries; so it is certainly an opportunity.”

In these changing times, with a growing focus on sustainable solutions, what does it take to be successful?

“When I think about what we’ve done over the years, I believe it is the ability to translate intellectual property into investment solutions. We aim to add value by really understanding what is happening in the markets. Data is sourced from multiple parties, analyzed across the company and combined with a layer of proprietary research to find true value. We use the results of this process to create innovative solutions, including factor and sustainability-based investment strategies.”

“We integrate ESG across the board and have more than EUR 128 billion of ESG-integrated assets under management. Although our clients have now come to expect this from us, we want to stay at the forefront of SI and respond to the ongoing shift in client focus to other important areas. We have nearly EUR 15 billion of assets under management in sustainability-focused investments aimed at reducing greenhouse gas emissions, water consumption, and tackling other major global development issues of our times. We have also been very successful with our new range of SDG strategies. But as logical as it may sound, integrating SDGs into investment processes requires an enormous amount of work and research. So, as we often say, research really forms the basis of everything we do.”

Tell us about your recent agreement with S&P Global

“We have agreed to build on our successful relationship with S&P Global by transferring our ESG data collection activities and Corporate Sustainability Assessment to them. These are currently carried out by our sustainable investing center of expertise, RobecoSAM. We have been working with S&P DJI since 1999, when the DJSI World was launched based on CSA data.”

“The teams on both sides have known each other for many years and successfully completed many projects together. Providing financial markets with market insights, like ESG data, is the core competence of S&P Global and thus strategically a perfect fit. The embedding of RobecoSAM’s CSA activities into S&P Global will enhance the scale of the operations, usage and volume of the data and services – which will benefit all stakeholders. Companies providing the data are better off when the data is used as broadly as possible, which will be much more the case when S&P has taken over the CSA .”

The deal with S&P Global is in line with Robeco and RobecoSAM’s strategy, in which we focus on our key asset management capabilities. We rank among the best in the world for these areas of expertise.”

“Once the deal with S&P is finalized and the ESG data collection activities are part of S&P Global, Robeco will still work closely with S&P Global and provide advice on the CSA methodology. Robeco and RobecoSAM will continue to use their resources and collective research expertise to interpret ESG data and use it for investment purposes. We will pull from as many data sources as possible, including the CSA, to understand this information, research it and integrate it into our decision-making processes.”

What does this mean for your clients?

“We are absolutely convinced that this is in the best interest of all our clients. Robeco will continue to use the very powerful SI data in the same way. Transferring the data team to S&P Global means we are putting them in the best possible position for future growth and to stay relevant. While the CSA data will remain one of the main ESG data sources for our SI research, we will also continue to use other valuable data sources alongside it.”

“RobecoSAM and Robeco will be involved in the further development of the CSA methodology. This will ensure that emerging and financially material ESG issues relevant to investors continue to be captured in the assessment.”

What role will sustainability play at Robeco?

“We also see a responsibility beyond the company’s bottom line. We are accountable to society as a whole. That’s why we care about well-being, in which wealth plays a part but is not the only factor. From that perspective, it is only natural we are involved in sustainability and believe that we need to take action. That conviction remains as strong as it has ever been.”

How does Robeco differentiate itself from competitors?

“We incorporate ESG factors into all our investment processes, which is a huge undertaking, as it is a fundamentally different way of doing things. Whereas traditionally investing has been all about alpha, we work to create both wealth and well-being. Many fund managers are still struggling to raise their game with respect to ESG integration and often keep ESG teams on the side.”

“At Robeco, SI drives our decisions across the company and is a long-term force for change. We firmly believe that ESG should be integrated into mainstream investing, and are moving increasingly towards outcome and impact-oriented solutions. Our strong focus on research and intellectual property gives us the tools to provide tailor-made SI solutions that meet modern-day investing needs. And that is precisely how we stand out from the crowd.”

免责声明:

本文由荷宝海外投资基金管理(上海)有限公司(“荷宝上海”)编制, 本文内容仅供参考, 并不构成荷宝上海对任何人的购买或出售任何产品的建议、专业意见、要约、招揽或邀请。本文不应被视为对购买或出售任何投资产品的推荐或采用任何投资策略的建议。本文中的任何内容不得被视为有关法律、税务或投资方面的咨询, 也不表示任何投资或策略适合您的个人情况, 或以其他方式构成对您个人的推荐。 本文中所包含的信息和/或分析系根据荷宝上海所认为的可信渠道而获得的信息准备而成。荷宝上海不就其准确性、正确性、实用性或完整性作出任何陈述, 也不对因使用本文中的信息和/或分析而造成的损失承担任何责任。荷宝上海或其他任何关联机构及其董事、高级管理人员、员工均不对任何人因其依据本文所含信息而造成的任何直接或间接的损失或损害或任何其他后果承担责任或义务。 本文包含一些有关于未来业务、目标、管理纪律或其他方面的前瞻性陈述与预测, 这些陈述含有假设、风险和不确定性, 且是建立在截止到本文编写之日已有的信息之上。基于此, 我们不能保证这些前瞻性情况都会发生, 实际情况可能会与本文中的陈述具有一定的差别。我们不能保证本文中的统计信息在任何特定条件下都是准确、适当和完整的, 亦不能保证这些统计信息以及据以得出这些信息的假设能够反映荷宝上海可能遇到的市场条件或未来表现。本文中的信息是基于当前的市场情况, 这很有可能因随后的市场事件或其他原因而发生变化, 本文内容可能因此未反映最新情况,荷宝上海不负责更新本文, 或对本文中不准确或遗漏之信息进行纠正。
与本文相关的主题是:
Logo

Disclaimer

The information contained in the website is solely intended for professional investors. Some funds shown on this website fall outside the scope of the Dutch Act on the Financial Supervision (Wet op het financieel toezicht) and therefore do not (need to) have a license from the Authority for the Financial Markets (AFM).

The funds shown on this website may not be available in your country. Please select your country website (top right corner) to view the products that are available in your country.

Neither information nor any opinion expressed on the website constitutes a solicitation, an offer or a recommendation to buy, sell or dispose of any investment, to engage in any other transaction or to provide any investment advice or service. An investment in a Robeco product should only be made after reading the related legal documents such as management regulations, prospectuses, annual and semi-annual reports, which can be all be obtained free of charge at this website and at the Robeco offices in each country where Robeco has a presence.

Please confirm that you are a professional investor and/or institutional investor and that you have read, understood and accept the terms of use for this website.

I Disagree