Convergence Inc.
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Climate Goals & Targets
Environmental Challenges
- Inconsistent ESG terminology and data, varying ESG regulations globally, low bar for ESG corporate citizenship, confusing ESG measurement (fund vs. advisor), lack of data and measurement standards for advisors' ESG practices.
Mitigation Strategies
- Developed a 3-factor approach to measure ESG sensitivity of investment advisors, analyzed data from 32,000+ advisors to identify ESG sensitivity signals.