In the first of this two-part video interview series, Stuart Dunbar, partner at Baillie Gifford, discusses the whitepaper he has written outlining what he believes is the role of an ESG fund manager in terms of supporting the creation of a more sustainable global economy.
The paper, called The Rise of ESG, explains that while there is a lot of focus on data and disclosure, quantitative snapshots of individual companies should be a starting point for discussion rather than a measure of system wide progress.
Dunbar answers questions on why divestment from the biggest polluters doesn’t make sense for some investors and how the reported data on which index providers produce carbon metrics may well be understated.