Opalesque ESG Roundtable 2019

News item -

Earlier this month, the inaugural Opalesque ESG & Impact Investing Roundtable, sponsored by ABN AMRO Clearing, took place in Amsterdam. This Roundtable was hosted by Matthias Knab from Opalesque.

ABN AMRO Clearing also has an opportunity to drive this initiative forward and has been on the forefront when it comes to building safe and transparent financial markets, and we will continue to lead the way. Delphine Amzallag Global Head of Prime Services

Thought-leadership: ESG & Impact Investing firsthand from first movers in Europe

The emerging consensus is that ESG may have a slight plus when it comes to financial performance. But even assuming it's zero, the integration of ESG externalities is still worth doing. And so, as a consequence, the fundamental question is then actually changing from "Why?" to "Why not?".

However, apart from any debate, investors globally demand to invest according this new investment paradigm. In the Netherlands, half of ABN AMRO Bank's private clients already invest sustainably, however admittedly in many cases not for their entire investment portfolio. It's really the asset owners who are leading the way to responsible investment, with more and more institutional investors taking ESG seriously as they are starting to feel the pain and recognize the risks of "business as usual". 85% of PGGM's beneficiaries claim they want ESG (less 'bad') and impact (more 'good'), but at what cost is the question that is often left open (however discussed in this Roundtable).

Admittedly, a lot is hidden under container notions like ESG or SRI, and you can easily fake it pretending that you took all of that into account and then you do the usual thing anyway. This is why this Roundtable also discusses in detail the need to quantify and measure impact and how to go about the shortcomings of third party ESG data and scores.

Please download the full report at the bottom of this page.

Participants of the Opalesque ESG Roundtable 2019

  • Marisol Hernandez, Senior Manager, Alternative Investments, Principles for Responsible Investment (UN PRI)
  • Piet Klop, Senior Advisor Responsible Investment, PGGM Investments
  • Vincent Triesschijn, Director Sustainable Investment, ABN AMRO Bank
  • Delphine Amzallag, Global Director Prime, ABN AMRO Clearing
  • Christian Speckhardt, Sustainable and Impact Investment Expert, simpAct Consulting
  • Andrea Marmolejo, Managing Partner, Blue Topaz Capital