Research finds pensions struggle to determine metrics for ESG goals
Outlet: Benefits Canada
There’s no one-size-fits-all approach for pension funds looking to use an environmental, social and governance lens in their investment approach, according to a new publication from the pension research council at the Wharton School of the University of Pennsylvania.
Olivia Mitchell, a professor and executive director of the pension research council at the University of Pennsylvania’s Wharton Business School and one of the editors of the volume, says institutional investors are split over the long-term value of an ESG approach between pursuing values such as moral causes and value regarding protecting investment returns.