Macquarie hires CSO from Mastercard

To drive sustainability across all asset classes and net-zero ambitions

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Natalie Kenway

Macquarie Asset Management has recruited Kristina Kloberdanz (pictured) from Mastercard to fill the role of chief sustainability officer (CSO).

The group said she will be responsible for accelerating its plans to drive sustainability across all asset classes and its ambition to invest and manage its $579bn global portfolio in line with net-zero emissions by 2040.

See also: – How the role of CSO has evolved

Kloberdanz was also CSO at Mastercard. Over a period of five years, she was responsible for establishing and embedding its sustainability strategy and drove financial inclusion efforts to bring one billion people into the financial mainstream and the Mastercard Impact Fund.

Ben Way, group head of Macquarie Asset Management, said: “We want to become a global leader in sustainable asset management – not just because it’s the right thing to do for our communities and the environment, but because we firmly believe that integrating sustainability and ESG drives better investment performance for our clients.

“To achieve our ambition, we need the very best people in our business who are experts and strong leaders in this space.

“We are thrilled to welcome Kristina to Macquarie and know she will play an important role in driving progress across our sustainability priorities and commitments.”

Kloberdanz added: “I am joining a highly talented and committed team that is passionate about its sustainability journey and energised by the opportunity to make a difference.

“While we have a significant task ahead, particularly as we seek to decarbonise our global portfolio, I’m excited and optimistic about the progress and commitments Macquarie has made to its communities, clients, employees and stakeholders.”