The restructuring of the economic system to deliver a low-carbon future is underway. This transition presents an enormous challenge given the significant capital required to transform economies which have been reliant on an energy system that has been largely fossil-fuel based.
A successful transition will require close coordination between investors and asset managers using innovative investment solutions, data mapping and service delivery.
This session provided an opportunity to share views on the opportunities and challenges of a growing industry that has the potential to strengthen economic growth and secure greater energy independence, while reducing the impacts of climate change.
Goldman Sachs Asset Management used case study examples of investor themes supporting this transition and discussed some of the latest tools in supporting continuous ESG monitoring.
This was followed by a roundtable discussion with Q&A and shared insights from our guest speaker from XPS Investment moderated by Charlotte O'Leary of Pensions for Purpose.
Who was this event for?
This event was opened to asset owners such as pension fund trustees and executives, independent trustees and advisers.
Ed Francis, Manager Director, Goldman Sachs Asset Management
Ed joined Goldman Sachs as a managing director in 2021. He works in the Multi-Asset Solutions (MAS) group within Goldman Sachs Asset Management where he leads the UK Fiduciary Management team. Before Ed joined the firm, he worked in the investment business at Willis Towers Watson for 20 years serving as the EMEA Head of Investment from 2014 to 2020. Prior to that, he worked at PricewaterhouseCoopers as an investment consultant. Ed earned a BSc in Economics from the University of Hull in 1992.Guy Plater FIA, XPS Investment
Guy is a partner in the XPS Investment London office, a member of the leadership team and has over 20 years’ experience in pensions. He co-leads XPS Investment’s Fiduciary Management (FM) oversight team, drawing on his experience in helping clients with FM selection exercises and oversight of existing appointments. He has significant previous experience as a Scheme Actuary, which enhances his ability to provide value-added advice for fiduciary mandates and how they help achieve trustees’ journey planning targets. Guy graduated from Cambridge University with a degree in Economics and joined XPS (Punter Southall at the time) in 2003 after starting his career at Mercer.Impact Investing Adopters Forum
The Impact Investing Adopters Forum
is a member forum of pension funds, investment consultants and fiduciary managers at the forefront of sustainable finance. Adopters have committed to the Impact Investing Institute’s Impact Investing Principles
– and advancing the impact investing agenda. The forum is run by Pensions for Purpose
in partnership with the Impact Investing Institute
to advance the principles, share best practice and encourage more pension funds to invest with a positive social and environmental impact. To join the Impact Investing Adopters Forum please email Charlotte O’Leary
Paris Alignment Forum
The Paris Alignment Forum
was established by Pensions for Purpose to help pension funds and other asset owners on their journey towards alignment with the goals of the Paris Agreement. We do this by sharing climate-related thought leadership
written by our Influencer members (asset managers, consultants and lawyers), by running free training workshops for trustees and by engaging in industry-wide conversation through our quarterly all-stakeholder and asset-owner events. To join the Paris Alignment Forum please email Karen Shackleton
Pensions for Purpose
Pensions for Purpose
exists as a bridge between asset managers, pension funds and their professional advisers, to encourage the flow of capital towards impact investment. Our aim is to empower pension funds to seek positive impact opportunities and mitigate negative impact risks.For more information, please email Charlotte O'Leary
.Goldman Sachs Asset Management disclosures
Views and opinions expressed are for informational purposes only and do not constitute a recommendation by Goldman Sachs Asset Management to buy, sell, or hold any security. Views and opinions are current as of the date of this presentation and may be subject to change, they should not be construed as investment advice.
The views and opinions that I express today are my own and are for informational purposes only and do not constitute a recommendation by Goldman Sachs Asset Management for you to take any action.
The views and opinions expressed are those of the speaker as of 17/10/2022, for informational purposes only and do not constitute any investment advice or recommendation by Goldman Sachs Asset Management, and may be subject to change. We have relied upon and assumed (without independent verification) the accuracy and completeness of such information and neither agree nor disagree with the content herein.
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Environmental, Social and Governance (“ESG”) strategies may take risks or eliminate exposures found in other strategies or broad market benchmarks that may cause performance to diverge from the performance of these other strategies or market benchmarks. ESG strategies will be subject to the risks associated with their underlying investments’ asset classes. Further, the demand within certain markets or sectors that an ESG strategy targets may not develop as forecasted or may develop more slowly than anticipated.
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