Oil price declines do not change long-term ESG risk analysis - Eaton Vance's Calvert
John Streur, President and CEO of Calvert, looks back on their decision, five years ago, to begin exiting positions in stocks and bonds of oil & gas companies.
With the market and media focus on the plunge in the price of oil and oil company stocks, John Struer stresses that these type of market events, which can be short-term, do not impact Calver's long-held view of inherent
risks. Only if they believe that a company successfully addresses financially material
risks, based on their research and analysis, would they consider a change to this position.
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