THE ESG STORY: ICARUS OR CINDERELLA
Purely as a matter of financial theory, high demand for highly rated ESG stocks should depress the returns available from them; should investors be worried?
My colleague Fadi Zaher, Head of Index Solutions, has addressed this question. ‘From ancient myths and legends to modern Hollywood blockbusters, most of the stories we tell ourselves can fit into just a few narrative archetypes’. Do any of these narrative archetypes fit the great story of asset management today: the popularity of investing according to environmental, social, and governance (ESG) considerations?
Two possibilities stand out: Icarus (the classic ‘rise and fall’ tale) and Cinderella (rise, fall, rise). Both follow the same initial arc, but have vitally different endings…
MARKETS & TREASURY DIVISIONAL GENDER BALANCE NETWORK, BANK OF IRELAND
A couple of years ago, I was advertising for a role on my team, and was able to look both externally and internally for candidates. Out of the 27 applicants, not a single one was female. This motivated me to conduct a few workshops with female Markets & Treasury (M&T) colleagues to help me understand how to attract move diverse applicants for future roles…
THE CASE FOR MANDATORY JOINT ETHNICITY AND GENDER PAY GAP REPORTING LEGISLATION IN IRELAND
Organisations are so committed to this dual form of reporting that some large companies in the U.K., have made the decision to start disclosing this information voluntarily and year on year.
PwC UK’s latest ethnicity pay gap reporting survey was completed by over 100 companies, representing approximately 1 million UK employees. 2 in 3 companies surveyed are now collecting ethnicity data. Almost 50% of companies surveyed are planning to disclose their ethnicity pay gap in the next 3 years…
Q&A WITH MARTINA KEANE, HEAD OF ASSURANCE, EY FINANCIAL SERVICES IRELAND
Martina leads the Assurance practice at EY Financial Services. She works extensively across the global insurance and banking landscape and has significant experience leading large teams in an environment where there is on-going change. In 2019 she was awarded Accountancy Leader of the year at the Women in Finance Awards.
Martina will be on a panel at the Women in Finance Ireland Summit 2020 on 19 November speaking on leadership styles for 2020/2021.