Marie Fromaget and Caroline MoleuxResponsible Investment Analyst and Senior Portfolio Manager, Framlington Equities - AXA IM Core
December 11, 2020
The COVID-19 pandemic has become a test of companies’ sustainability credentials. It has served to sharpen public and investor scrutiny of environmental, social and governance (ESG) practices and we have observed that this has particularly involved a more intense focus on the ‘social’ component.
It should be no great surprise. The social pillar in ESG includes a wide range of issues that came to the fore as the effects of the virus and accompanying lockdown measures took hold. The pandemic has exposed concerns about employee treatment, supply chain management, gender inequality, ethnic diversity, global health, education, data privacy and more.
In this context, we have seen a spike in stakeholder interest about investments that can drive positive social outcomes. This has been with a view to the shortterm objective of improving the situation related to the public health emergency as well as the long-term objective of helping develop a more pandemic-resilient society. This also feeds into the wider desire to make decisive progress towards the United Nations Sustainable Development Goals¹.
In this paper, we will highlight a series of approaches adopted by AXA IM and address some of the challenges and opportunities presented.
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