Troy Mortimer's guest appearances

Troy Mortimer

Impact Leaders - Sustainable & Impact Investment and Performance with Purpose

Jason Mitchell

Tim Smit

John Elkington

Katz Kiely

Tom McGillycuddy

Anca Novacovici

Anna Clare Harper

Simon Bond

Rodney Schwartz

Mark Armstrong

Cary Krosinsky

Mauricio Rodriguez

Trevor Neilson

Florian Kemmerich

Amy Clarke

OwlTail

On today’s episode we are doing something different: we are sharing with you a session that I called “The Sustainable Investment Dilemma”, a conversation I hosted as part of The CogXtra weekly event series, covering in this opportunity the subject of “Sustainable Business – How Industry is addressing the Climate Crisis”. In our case, the financial industry.   As my co-panellist I brought together two guests:  Amy Clarke, who is Co-Founder &amp; Chief Impact Officer of Tribe Impact Capital, and   Troy Mortimer, who is Responsible Investment and ESG Advisor at ILA &amp; Partners.  If you did not know them already, I highly recommend that you also listen to the individuals episodes we recorded previously. You can also read her Bios at the end of these notes.    As part of the event I also shared a short Video introduction to the recently launched film “Our Planet: Too Big To Fail”, which is a 42-minute film that explores the risks of inaction, the impact of investing-as-usual, and the role the finance sector can play powering a sustainable future. I wanted to bring this to your attention to ask you to watch it and share it, so we can all take proactive actions! You can watch the video on ILA &amp; Partners’ website - Media section: http://bit.ly/ILAmediaV   I also thought this is relevant to set the tone ahead of our conversation, but most importantly, I wanted to shine the light on one of the best tools we have to create awareness and understand how interconnected the industry is to every part of society and the world at large.   Please note that we had a couple of technical challenges that were all resolved during the first few minutes, but I wanted to make sure you had access to this valuable content. Enjoy !    Highlights:  “If we can create a much healthier relationship with our wealth, and the purpose of our wealth, then actually we should be able to fix, repair, increase resilience, and ultimately regenerate the relationships with each other and with nature.” Amy Clarke 50th anniversary of Milton Friedman's seminal essay that was penned and then printed in the New York Times Magazine “there is a real sense that the values and belief systems upon which we have built this global finance system aren't right, they're not fit, they're not robust.” There is the rise of the BCorp movement and the use of BLab tools during the lockdown has risen exponentially. “Impact investing is about helping wealth holders reconnect with the purpose of their wealth. The word wealth comes from two old English 13th century old English words, meaning well being, we've lost the well being and wealth along the way. And it's become singularly focused on financial performance.” Amy Clarke “I see this as a behavioral inertia challenge. Financial institutions are comprised of individuals, we need to look at how we incentivise these individuals, how we are rewarding them and how we associate value with their actions.” Troy Mortimer We can transition not all but a lot of companies through to becoming a force for good. “We need a just transition, quickly and effectively where finance, regulation and policy play a role. We need a carrot and a stick.” Troy Mortimer How do we move beyond (Only) preaching to the converted? The later we leave it, the steeper the transition is going to be - Mark Carney The more we pushback regulation deadlines, the more uncertainty it creates. Ultimately, its better to takes the operational learnings in Covid and behaviour change and apply it to compliance and regulation. Bernard Looney, CEO of BP, a different style of leadership. Moving away into a more human style of leadership. We need to use AI to help change behaviours in the right direction. Passive ESG funds should be able to demonstrate intent. Its important to populate the empirical evidence and convince the skeptics of the economic data with the language that they know. “We have outperformed the benchmarks. There is more than enough data to show that these type of investments are resilient on up and down cycles, which is why we are seeing huge flows into ESG.” Amy Clarke “As a bellwether for market sentiment, its phenomenal, because we can now see everybody is looking for safe harbours and safe harbours of businesses with these kind of resilience built in.” “Investors should be thinking - Well, I understand that there is some volatility right now, but in the mean time, I’m investing for something larger. What you wil see is that over the long-term, it starts to come back in financial returns.” Troy Mortimer As Tim Geithner said, at least in relation to the US financial crisis and how they had resources large enough to do anything about that crisis , but I think financial resources will not be enough in relation to the Sustainability challenge we face. And we will not have time to react and fix things. But we must be proactive. JP Dallmann   Timestamps: [2:56] Who is Amy Clarke [03:38] Who is Troy Mortimer [7:30] Can the finance sector be a force for good? What is required for this to happen? [10:40] Behavioural inertia and rethinking what we value [13:10]  Orsted energy from black energy to post IPO as a predominantly green energy company  [16:50] Preaching to the converted and reporting Positive/Negative Impact  [21:40] The complexity of the Sustainable Energy supply chain [25:30] Investing in oil &amp; gas and clean energy  [30:00] Using data and AI to create behaviour change  [34:00] The mistrust created by media and digital [37:00] Passive ESG funds vs Active investing [44:20] Make Money and Global tax infrastructure [46:00] We need to be proactive - Financial resources are not enough   Useful links: Amy Clarke on Linkedin  Amy Clarke on Impact Leaders  Troy Mortimer on Linkedin  Troy Mortimer on Impact Leaders  Saker Nusseibeh CBE of Federated Hermes on Linkedin  Saker Nusseibeh on Impact Leaders  BCorp https://bcorporation.uk/  CogX https://cogx.co/  Orsted https://orsted.com/en Microsoft’s commitment  Outrageous Optimism Podcast by Cristina Figueres https://globaloptimism.com/podcasts/  Bernard Looney, CEO of BP - podcast episode  Solitaire Townsend, Cofounder of Futerra on Sex, Status and Sustainability - podcast Make My Money Matter  Client Earth  Tim Geitner  PANIC : The untold story of the 2008 Financial Crisis, by HBO Notorious RBG - Ruth Bader Ginsburg https://en.wikipedia.org/wiki/Ruth_Bader_Ginsburg  Our planet video series - https://www.ourplanet.com/en/ OUR PLANET: TOO BIG TO FAIL - https://www.wwf.org.uk/updates/our-planet-too-big-to-fail Harvard Business School Impact-Weighted Accounts  Big Four ESG reporting framework standards. Deloitte + Ernst &amp; Young  + KPMG + PwC  rethinking capital on LinkedIn   -------- More about the guests - Bios:  Amy Clarke  Amy Clarke is Co-Founder &amp; Chief Impact Officer of Tribe Impact Capital ("Tribe"), an award-winning wealth management firm and B Corps dedicated in its entirety to advising and managing private and institutional wealth for impact.    Tribe is the first of its kind in the UK, and works with like-minded clients impassioned to use their wealth to manifest the positive social, environmental and economic changes in the world they wish to see in line with their own financial needs. They do this by adopting the Paris Climate Accord and the UN Sustainable Development Goals (UNSDGs) as their impact 'North Stars'. They are on a journey to be Net Zero across Scope 1, 2 and 3 emissions by 2025 having declared a Climate Emergency in their business in September 2019.  Amy sits on the board of B Lab UK &amp; Big Issue Invest. She is also an Advisor to the Ocean Plastics Leadership Network and sits on the Development Council of the Future Fit Benchmark - the new benchmark for investors and companies driving towards a future fit world - and the Steering Committee of the Global Ethical Finance Initiative (GEFI).    e: amyc@tribeimpactcapital.comTroy Mortimer  Troy Mortimer is a Responsible Investment &amp; Sustainability expert and is Responsible Investment and ESG Advisor at ILA &amp; Partners.   He has worked globally across multiple industries, primarily asset management, over the last 20 years with KPMG.  Most recently, Troy led the UK Sustainability and Responsible Investment practice.     Troy has extensive knowledge and experience relating to governance and risk, due diligence, engagement, assurance reporting and responsible investment / ESG practices to sustainability related conversations at companies and with investors.   e: TMortimer@ilaandpartners.com    JP Dallmann  JP Dallmann is an award-nominated Sustainable &amp; Impact Investing (S&amp;II) Advisor, Champion, and Thought Leader, with over 20 years experience in the Financial Services Industry, as a Banking Executive and Advisor at major institutions such as HSBC, RBS, and PwC.   JP is the CEO of ILA &amp; Partners, helping Investment Managers to transition into and scale Sustainable &amp; Impact Investing, and has developed a proposition to launch ILA Funds - The investment management firm focused exclusively on S&amp;II - to provide investors with the opportunity to achieve market returns while creating a net-positive impact.   He advises several executives, companies and organisations on S&amp;II, and supports various initiatives to raise awareness about the SDGs, including the Impact Founders community, which he co-founded, and Fast Forward 2030, where he is a Board Member.   JP is also the host of the renowned Impact Leaders Podcast, a contributor on Forbes.com, and participates as host and panelist at relevant events, partnering with key figures and major organisations to share best practices and inspire others to push the important agenda of Sustainable Finance.   e: JP@ILAandPartners.com  -------- Connect with JP Dallmann on Linkedin, Twitter, or Instagram. Contact us to help you transition into Sustainable &amp; Impact Investing - ILA &amp; Partners  How to incorporate SDGs into your business model - Fast Forward 2030  Impact Leaders is produced by Podcast Publishing  -------- Important: The content shared on this podcast does not constitute a request, offer, recommendation or solicitation of any kind to buy, subscribe, sell or redeem any investment instruments or to perform other such transactions of any kind. 

On today’s episode we are doing something different: we are sharing with you a session that I called “The Sustainable Investment Dilemma”, a conversation I hosted as part of The CogXtra weekly event series, covering in this opportunity the subject of “Sustainable Business – How Industry is addressing the Climate Crisis”. In our case, the financial industry. As my co-panellist I brought together two guests: Amy Clarke, who is Co-Founder &amp; Chief Impact Officer of Tribe Impact Capital, and  Troy Mortimer, who is Responsible Investment and ESG Advisor at ILA &amp; Partners.  If you did not know them already, I highly recommend that you also listen to the individuals episodes we recorded previously. You can also read her Bios at the end of these notes.  As part of the event I also shared a short Video introduction to the recently launched film “Our Planet: Too Big To Fail”, which is a 42-minute film that explores the risks of inaction, the impact of investing-as-usual, and the role the finance sector can play powering a sustainable future. I wanted to bring this to your attention to ask you to watch it and share it, so we can all take proactive actions! You can watch the video on ILA &amp; Partners’ website - Media section: <a href="http://bit.ly/ILAmediaV" rel="nofollow" target="_blank">http://bit.ly/ILAmediaV</a> I also thought this is relevant to set the tone ahead of our conversation, but most importantly, I wanted to shine the light on one of the best tools we have to create awareness and understand how interconnected the industry is to every part of society and the world at large. Please note that we had a couple of technical challenges that were all resolved during the first few minutes, but I wanted to make sure you had access to this valuable content. Enjoy !  Highlights: <ul> <li>“If we can create a much healthier relationship with our wealth, and the purpose of our wealth, then actually we should be able to fix, repair, increase resilience, and ultimately regenerate the relationships with each other and with nature.” Amy Clarke</li> <li>50th anniversary of Milton Friedman's seminal essay that was penned and then printed in the New York Times Magazine</li> <li>“there is a real sense that the values and belief systems upon which we have built this global finance system aren't right, they're not fit, they're not robust.”</li> <li>There is the rise of the BCorp movement and the use of BLab tools during the lockdown has risen exponentially.</li> <li>“Impact investing is about helping wealth holders reconnect with the purpose of their wealth. The word wealth comes from two old English 13th century old English words, meaning well being, we've lost the well being and wealth along the way. And it's become singularly focused on financial performance.” Amy Clarke</li> <li>“I see this as a behavioral inertia challenge. Financial institutions are comprised of individuals, we need to look at how we incentivise these individuals, how we are rewarding them and how we associate value with their actions.” Troy Mortimer</li> <li>We can transition not all but a lot of companies through to becoming a force for good.</li> <li>“We need a just transition, quickly and effectively where finance, regulation and policy play a role. We need a carrot and a stick.” Troy Mortimer</li> <li>How do we move beyond (Only) preaching to the converted?</li> <li>The later we leave it, the steeper the transition is going to be - Mark Carney</li> <li>The more we pushback regulation deadlines, the more uncertainty it creates. Ultimately, its better to takes the operational learnings in Covid and behaviour change and apply it to compliance and regulation.</li> <li>Bernard Looney, CEO of BP, a different style of leadership. Moving away into a more human style of leadership.</li> <li>We need to use AI to help change behaviours in the right direction.</li> <li>Passive ESG funds should be able to demonstrate intent.</li> <li>Its important to populate the empirical evidence and convince the skeptics of the economic data with the language that they know.</li> <li>“We have outperformed the benchmarks. There is more than enough data to show that these type of investments are resilient on up and down cycles, which is why we are seeing huge flows into ESG.” Amy Clarke</li> <li>“As a bellwether for market sentiment, its phenomenal, because we can now see everybody is looking for safe harbours and safe harbours of businesses with these kind of resilience built in.”</li> <li>“Investors should be thinking - Well, I understand that there is some volatility right now, but in the mean time, I’m investing for something larger. What you wil see is that over the long-term, it starts to come back in financial returns.” Troy Mortimer</li> <li>As Tim Geithner said, at least in relation to the US financial crisis and how they had resources large enough to do anything about that crisis , but I think financial resources will not be enough in relation to the Sustainability challenge we face. And we will not have time to react and fix things. But we must be proactive. JP Dallmann</li> </ul> Timestamps: [2:56] Who is Amy Clarke [03:38] Who is Troy Mortimer [7:30] Can the finance sector be a force for good? What is required for this to happen? [10:40] Behavioural inertia and rethinking what we value [13:10]  Orsted energy from black energy to post IPO as a predominantly green energy company  [16:50] Preaching to the converted and reporting Positive/Negative Impact  [21:40] The complexity of the Sustainable Energy supply chain [25:30] Investing in oil &amp; gas and clean energy  [30:00] Using data and AI to create behaviour change  [34:00] The mistrust created by media and digital [37:00] Passive ESG funds vs Active investing [44:20] Make Money and Global tax infrastructure [46:00] We need to be proactive - Financial resources are not enough Useful links: Amy Clarke on <a href="https://www.linkedin.com/in/clarkeamy/" rel="nofollow" target="_blank">Linkedin</a> Amy Clarke on <a href="https://audioboom.com/posts/7155415-amy-clarke-of-tribe-impact-capital-reflecting-self-better-in-wealth" rel="nofollow" target="_blank">Impact Leaders</a> Troy Mortimer on <a href="https://www.linkedin.com/in/troy-mortimer-27973a5" rel="nofollow" target="_blank">Linkedin</a> Troy Mortimer on <a href="https://audioboom.com/posts/7595436-troy-mortimer-challenges-and-expectations-to-responsible-investing" rel="nofollow" target="_blank">Impact Leaders</a> Saker Nusseibeh CBE of Federated Hermes on <a href="https://www.linkedin.com/in/saker-nusseibeh-cbe-6b15a85/" rel="nofollow" target="_blank">Linkedin</a> Saker Nusseibeh on <a href="https://audioboom.com/posts/7686794-saker-nusseibeh-cbe-of-federated-hermes-being-good-is-good-business" rel="nofollow" target="_blank">Impact Leaders</a> BCorp <a href="https://bcorporation.uk/" rel="nofollow" target="_blank">https://bcorporation.uk/</a> CogX <a href="https://cogx.co/" rel="nofollow" target="_blank">https://cogx.co/</a> Orsted<a href="https://orsted.com/en" rel="nofollow" target="_blank"> https://orsted.com/en</a> <a href="https://blogs.microsoft.com/on-the-issues/2020/07/21/carbon-negative-transform-to-net-zero/%20Steve%20Evans,%20the%20Director%20of%20Research%20at%20the%20Center%20for%20industrial%20sustainability" rel="nofollow" target="_blank">Microsoft’s commitment </a> Outrageous Optimism Podcast by Cristina Figueres <a href="https://globaloptimism.com/podcasts/" rel="nofollow" target="_blank">https://globaloptimism.com/podcasts/</a> Bernard Looney, CEO of BP - <a href="https://globaloptimism.com/podcast/bps-road-to-rebuilding-trust-with-ceo-bernard-looney/" rel="nofollow" target="_blank">podcast episode</a> Solitaire Townsend, Cofounder of Futerra on Sex, Status and Sustainability - <a href="https://www.buzzsprout.com/762953/5550004-s2-e13-solitaire-townsend-co-founder-of-futerra-on-sex-status-and-sustainability" rel="nofollow" target="_blank">podcast</a> <a href="https://makemymoneymatter.co.uk/" rel="nofollow" target="_blank">Make My Money Matter </a> <a href="https://www.clientearth.org/" rel="nofollow" target="_blank">Client Earth </a> <a href="https://en.wikipedia.org/wiki/Timothy_Geithner" rel="nofollow" target="_blank">Tim Geitner </a> PANIC : <a href="https://youtu.be/QozGSS7QY_U" rel="nofollow" target="_blank">The untold story of the 2008 Financial Crisis</a>, by HBO Notorious RBG - Ruth Bader Ginsburg <a href="https://en.wikipedia.org/wiki/Ruth_Bader_Ginsburg" rel="nofollow" target="_blank">https://en.wikipedia.org/wiki/Ruth_Bader_Ginsburg</a> Our planet video series - <a href="https://www.ourplanet.com/en/" rel="nofollow" target="_blank">https://www.ourplanet.com/en/</a> OUR PLANET: TOO BIG TO FAIL - <a href="https://www.wwf.org.uk/updates/our-planet-too-big-to-fail" rel="nofollow" target="_blank">https://www.wwf.org.uk/updates/our-planet-too-big-to-fail</a> Harvard Business School <a href="https://www.hbs.edu/impact-weighted-accounts/Pages/default.aspx" rel="nofollow" target="_blank">Impact-Weighted Accounts</a> Big Four <a href="https://www.linkedin.com/posts/ila-and-partners_big-four-accounting-firms-unveil-esg-reporting-activity-6714852025818984449-Xt0k" rel="nofollow" target="_blank">ESG reporting framework standards</a>. Deloitte + Ernst &amp; Young  + KPMG + PwC rethinking capital on <a href="https://www.linkedin.com/company/rethinking-capital" rel="nofollow" target="_blank">LinkedIn</a> -------- More about the guests - Bios: Amy Clarke Amy Clarke is Co-Founder &amp; Chief Impact Officer of Tribe Impact Capital ("Tribe"), an award-winning wealth management firm and B Corps dedicated in its entirety to advising and managing private and institutional wealth for impact.  Tribe is the first of its kind in the UK, and works with like-minded clients impassioned to use their wealth to manifest the positive social, environmental and economic changes in the world they wish to see in line with their own financial needs. They do this by adopting the Paris Climate Accord and the UN Sustainable Development Goals (UNSDGs) as their impact 'North Stars'. They are on a journey to be Net Zero across Scope 1, 2 and 3 emissions by 2025 having declared a Climate Emergency in their business in September 2019. Amy sits on the board of B Lab UK &amp; Big Issue Invest. She is also an Advisor to the Ocean Plastics Leadership Network and sits on the Development Council of the Future Fit Benchmark - the new benchmark for investors and companies driving towards a future fit world - and the Steering Committee of the Global Ethical Finance Initiative (GEFI).  e: amyc@tribeimpactcapital.com Troy Mortimer Troy Mortimer is a Responsible Investment &amp; Sustainability expert and is Responsible Investment and ESG Advisor at ILA &amp; Partners. He has worked globally across multiple industries, primarily asset management, over the last 20 years with KPMG.  Most recently, Troy led the UK Sustainability and Responsible Investment practice.   Troy has extensive knowledge and experience relating to governance and risk, due diligence, engagement, assurance reporting and responsible investment / ESG practices to sustainability related conversations at companies and with investors. e: TMortimer@ilaandpartners.com JP Dallmann JP Dallmann is an award-nominated Sustainable &amp; Impact Investing (S&amp;II) Advisor, Champion, and Thought Leader, with over 20 years experience in the Financial Services Industry, as a Banking Executive and Advisor at major institutions such as HSBC, RBS, and PwC.   JP is the CEO of ILA &amp; Partners, helping Investment Managers to transition into and scale Sustainable &amp; Impact Investing, and has developed a proposition to launch ILA Funds - The investment management firm focused exclusively on S&amp;II - to provide investors with the opportunity to achieve market returns while creating a net-positive impact.   He advises several executives, companies and organisations on S&amp;II, and supports various initiatives to raise awareness about the SDGs, including the Impact Founders community, which he co-founded, and Fast Forward 2030, where he is a Board Member. JP is also the host of the renowned Impact Leaders Podcast, a contributor on <a href="http://Forbes.com" rel="nofollow" target="_blank">Forbes.com</a>, and participates as host and panelist at relevant events, partnering with key figures and major organisations to share best practices and inspire others to push the important agenda of Sustainable Finance. e: JP@ILAandPartners.com -------- Connect with JP Dallmann on <a href="https://www.linkedin.com/in/jp-dallmann/" rel="nofollow" target="_blank">Linkedin</a>, <a href="https://twitter.com/JPDallmann" rel="nofollow" target="_blank">Twitter</a>, or <a href="https://www.instagram.com/inspiredbyjp/" rel="nofollow" target="_blank">Instagram</a>. Contact us to help you transition into Sustainable &amp; Impact Investing - <a href="https://www.linkedin.com/company/impact-leaders-advisors" rel="nofollow" target="_blank">ILA &amp; Partners</a> How to incorporate SDGs into your business model - <a href="http://fastforward2030.com/" rel="nofollow" target="_blank">Fast Forward 2030</a> Impact Leaders is produced by <a href="http://podcastpublishing.help/" rel="nofollow" target="_blank">Podcast Publishing</a> -------- Important: The content shared on this podcast does not constitute a request, offer, recommendation or solicitation of any kind to buy, subscribe, sell or redeem any investment instruments or to perform other such transactions of any kind.

41: The Sustainable Investment Dilemma - Amy Clarke, Troy Mortimer & JP Dallmann

On this episode we had an insightful conversation with Troy Mortimer, who is a Sustainability &amp; Responsible Investment (SRI) expert and until very recently the UK Head of the SRI practice at KPMG. Troy has worked globally across multiple industries, primarily asset management, over the last 20 years. He has extensive knowledge and experience relating to governance and risk, due diligence, engagement, assurance reporting and responsible investment / ESG practices to sustainability related conversations at companies and with investors.   Some highlights:  Institutional investors and regulators are starting to hold businesses up to a new bar. Savvy investors need to assess investments based on emerging risks. How to conduct a responsible investment due diligence. “I remember looking at one client's sustainability report that was over 500 pages, thinking, that's not an efficient way of getting information back into these key allocators of capital.” What really is a game changer is when an asset manager might push back in a constructive way on a client saying, “Here's why we think you would want to avoid this particular type of investment, or why there's a compelling argument to invest in this particular transition, or these best in class companies because of reason x, y, z.” Mark Carney said last week in in a speech that ... we can't isolate or self isolate from climate change”. So there's learning opportunities in this current situation that we really need to latch on to. Because there will be other challenges as we move ahead. And we need to make sure that we've taken those learning points and to adapt them because the situation will definitely be different” “My point with the SDGs, and frankly, with any kind of impact is that there's always going to be positive and negative impacts related to any investment. And where I found the true leaders in impacts methodology reporting, have held themselves out is to demonstrate that actually, they report both on the positive impacts as well as some of the negative impacts.” “There is good compelling argument for ESG, it has withstood a strong market shock. It benefits us all as humans on this planet, as members of society, and pastoral cares of this world that we're going to give on to our kids. This has led to introspection on what is our broader purpose as companies as individuals. The time of self-isolation has given us time to take stock of that.” Quality of investments will be key as we move out of the Covid-19 crisis. “If I had a call to action for asset owners, it would be to do your best to try to reward those companies that are making an effort to be transparent.” “The key thing is start to take action in your own way. have those conversations within your your respective companies, amongst your colleagues, inquire what's being done, look at what's going on within your own pension, and your own investment portfolio. But start to take small consistent movements, and be purposeful with it.”    Time Stamp: [02:42] What is sustainable and impact investing? [06:05] Troy’s career journey to date [16:13] Importance of educating investors [17:57] How asset owners have changed [22:40] How well embedded is ESG in asset management [28:37] Impact measurement framework, tools and responsible investment due diligence [36:30] Top-down and bottom-up approaches to impact measurement [40:00] Transparency and SDG [45:00] Opportunities around Covid-19 [51:34] What inspires Troy [57:05] What makes a Impact Leader for Troy   Useful links: Troy Mortimer on LinkedIn  Walker Review  Turner Review  Edelman Trust Barrometer  About the USAID - United States Agency for International Development  About the IDB - Inter-American Development Bank About CDC - CDC Group plc - https://en.wikipedia.org/wiki/CDC_Group  UK Pensions and lifetime savings association  https://www.plsa.co.uk/  UK Sustainable Investment and Finance Association (UKSIF)  https://www.uksif.org/  Task Force on Climate-related Financial Disclosures (TCFD) recommendations  The TCFD is powered by The Climate Disclosure Standards Board (CDSB)  UN PRI TCFD based reporting requirements and guidelines   UN PRI Inevitable Policy Response  Institutional Shareholder Services group of companies (“ISS”) launching a tool on SDG Impact Rating   Mark Carney: 'We can't self-isolate from climate change' article by The BBC  Cary Krosinsky Impact Leaders Podcast episode   -------- Connect with JP Dallmann on Linkedin, Twitter, or Instagram. Contact us to help you transition into Sustainable &amp; Impact Investing - ILA &amp; Partners  How to incorporate SDGs into your business - Fast Forward 2030  Impact Leaders is produced by Podcast Publishing  -------- Important: The content shared on this podcast does not constitute a request, offer, recommendation or solicitation of any kind to buy, subscribe, sell or redeem any investment instruments or to perform other such transactions of any kind.

On this episode we had an insightful conversation with Troy Mortimer, who is a Sustainability &amp; Responsible Investment (SRI) expert and until very recently the UK Head of the SRI practice at KPMG. Troy has worked globally across multiple industries, primarily asset management, over the last 20 years. He has extensive knowledge and experience relating to governance and risk, due diligence, engagement, assurance reporting and responsible investment / ESG practices to sustainability related conversations at companies and with investors. Some highlights: <ul> <li>Institutional investors and regulators are starting to hold businesses up to a new bar.</li> <li>Savvy investors need to assess investments based on emerging risks.</li> <li>How to conduct a responsible investment due diligence.</li> <li>“I remember looking at one client's sustainability report that was over 500 pages, thinking, that's not an efficient way of getting information back into these key allocators of capital.”</li> <li>What really is a game changer is when an asset manager might push back in a constructive way on a client saying, “Here's why we think you would want to avoid this particular type of investment, or why there's a compelling argument to invest in this particular transition, or these best in class companies because of reason x, y, z.”</li> <li>Mark Carney said last week in in a speech that ... we can't isolate or self isolate from climate change”. So there's learning opportunities in this current situation that we really need to latch on to. Because there will be other challenges as we move ahead. And we need to make sure that we've taken those learning points and to adapt them because the situation will definitely be different”</li> <li>“My point with the SDGs, and frankly, with any kind of impact is that there's always going to be positive and negative impacts related to any investment. And where I found the true leaders in impacts methodology reporting, have held themselves out is to demonstrate that actually, they report both on the positive impacts as well as some of the negative impacts.”</li> <li>“There is good compelling argument for ESG, it has withstood a strong market shock. It benefits us all as humans on this planet, as members of society, and pastoral cares of this world that we're going to give on to our kids. This has led to introspection on what is our broader purpose as companies as individuals. The time of self-isolation has given us time to take stock of that.”</li> <li>Quality of investments will be key as we move out of the Covid-19 crisis.</li> <li>“If I had a call to action for asset owners, it would be to do your best to try to reward those companies that are making an effort to be transparent.”</li> <li>“The key thing is start to take action in your own way. have those conversations within your your respective companies, amongst your colleagues, inquire what's being done, look at what's going on within your own pension, and your own investment portfolio. But start to take small consistent movements, and be purposeful with it.”</li> </ul> Time Stamp: [02:42] What is sustainable and impact investing? [06:05] Troy’s career journey to date [16:13] Importance of educating investors [17:57] How asset owners have changed [22:40] How well embedded is ESG in asset management [28:37] Impact measurement framework, tools and responsible investment due diligence [36:30] Top-down and bottom-up approaches to impact measurement [40:00] Transparency and SDG [45:00] Opportunities around Covid-19 [51:34] What inspires Troy [57:05] What makes a Impact Leader for Troy Useful links: Troy Mortimer on <a href="https://www.linkedin.com/in/troy-mortimer-27973a5" rel="nofollow" target="_blank">LinkedIn</a> Walker <a href="https://webarchive.nationalarchives.gov.uk/+/http:/www.hm-treasury.gov.uk/d/walker_review_261109.pdf" rel="nofollow" target="_blank">Review</a>  Turner <a href="http://news.bbc.co.uk/1/shared/bsp/hi/pdfs/18_03_09_turner_review.pdf" rel="nofollow" target="_blank">Review</a>  Edelman Trust <a href="https://www.edelman.co.uk/research/edelman-trust-barometer-2020" rel="nofollow" target="_blank">Barrometer</a>  About the <a href="https://en.wikipedia.org/wiki/United_States_Agency_for_International_Development" rel="nofollow" target="_blank">USAID</a> - United States Agency for International Development  About the <a href="https://en.wikipedia.org/wiki/Inter-American_Development_Bank" rel="nofollow" target="_blank">IDB</a> - Inter-American Development Bank About CDC - CDC Group plc - <a href="https://en.wikipedia.org/wiki/CDC_Group" rel="nofollow" target="_blank">https://en.wikipedia.org/wiki/CDC_Group</a> UK Pensions and lifetime savings association  <a href="https://www.plsa.co.uk/" rel="nofollow" target="_blank">https://www.plsa.co.uk/</a> UK Sustainable Investment and Finance Association (UKSIF) <a href="https://www.uksif.org/" rel="nofollow" target="_blank"> https://www.uksif.org/</a> Task Force on Climate-related Financial Disclosures (TCFD) <a href="https://www.tcfdhub.org/recommendations/" rel="nofollow" target="_blank">recommendations</a>  The TCFD is powered by The Climate Disclosure Standards Board (<a href="https://www.cdsb.net/" rel="nofollow" target="_blank">CDSB</a>)  UN PRI TCFD based reporting <a href="https://www.unpri.org/news-and-press/tcfd-based-reporting-to-become-mandatory-for-pri-signatories-in-2020/4116.article" rel="nofollow" target="_blank">requirements and guidelines </a> UN PRI Inevitable Policy <a href="https://www.unpri.org/inevitable-policy-response/what-is-the-inevitable-policy-response/4787.article" rel="nofollow" target="_blank">Response</a>  Institutional Shareholder Services group of companies (“ISS”) launching a tool on <a href="https://www.issgovernance.com/esg/impact-un-sdg/sdg-impact-rating/" rel="nofollow" target="_blank">SDG Impact Rating </a> Mark Carney: 'We can't self-isolate from climate change' <a href="https://www.bbc.co.uk/news/science-environment-52582243" rel="nofollow" target="_blank">article by The BBC</a> Cary Krosinsky Impact Leaders Podcast <a href="http://bit.ly/ILCKSFI" rel="nofollow" target="_blank">episode </a> -------- Connect with JP Dallmann on <a href="https://www.linkedin.com/in/jp-dallmann/" rel="nofollow" target="_blank">Linkedin</a>, <a href="https://twitter.com/JPDallmann" rel="nofollow" target="_blank">Twitter</a>, or <a href="https://www.instagram.com/inspiredbyjp/" rel="nofollow" target="_blank">Instagram</a>. Contact us to help you transition into Sustainable &amp; Impact Investing - <a href="https://www.linkedin.com/company/impact-leaders-advisors" rel="nofollow" target="_blank">ILA &amp; Partners</a> How to incorporate SDGs into your business - <a href="http://fastforward2030.com/" rel="nofollow" target="_blank">Fast Forward 2030</a> Impact Leaders is produced by <a href="http://podcastpublishing.help/" rel="nofollow" target="_blank">Podcast Publishing</a> -------- Important: The content shared on this podcast does not constitute a request, offer, recommendation or solicitation of any kind to buy, subscribe, sell or redeem any investment instruments or to perform other such transactions of any kind.

34: Troy Mortimer - Challenges And Expectations To Responsible Investing