The ESG Phenomenon: Man Group, Columbia Climate Group

Editorial Staff

21 January 2024

Man Group, Columbia Climate Group
, the listed hedge fund business, is partnering with the Columbia Center on Sustainable Investment – a joint center of Columbia Law School and Columbia Climate School – to conduct research addressing how climate impact is defined and measured in fixed income and equity portfolios.

The groups’ partnership will focus on identifying practical real-world gaps in methodologies and metrics concerning tradable instruments specifically. Their articulation of principles and standards will, so it is hoped, lay the groundwork for further scalable impact measurement across all asset classes of climate-solution-investing. The need for this work appears particularly acute in the high-emission sectors, Man Group said in a statement yesterday.

“The investment industry plays an important role to facilitate a thoughtful and rapid transition to a net-zero greenhouse gas economy,” Robert Furdak, chief investment officer for responsible investment at Man Group, said.

(On a related front, this news service has opened nominations for the third annual Wealth For Good Awards 2024.)