ILPA Managing Director of External Affairs and Sustainable Investing Matt Schey spoke with Pensions & Investments about whether the industry is evolving its definition of or operations around ESG.
Here’s an excerpt:
Among Institutional Limited Partners Association members, some are calling ESG by another name, while others are not, said Matt Schey, managing director for external affairs and sustainable investing at ILPA.
“The organizations (both LP and GP) who have pivoted away from using ‘ESG’ typically trend toward something a bit more specific and defined, in some cases, breaking the acronym apart,” Schey said.
Some are avoiding the term in an attempt to depoliticize the conversation around it, which has become a distraction from the actual work being done, he said.
