Market Leaders are Up for Grabs
“The first large, reputable firm that does a solid job on brokerage and fund management in climate and adopts Full Market Disclosure will likely become the leader in ESG and climate finance.”
— “ESG Data is a Public Good. Let’s Open It Up.” Impact Alpha
Market Leaders
“The first large, reputable firm that does a solid job on brokerage and fund management in climate and adopts Full Market Disclosure will likely become the leader in ESG and climate finance.
Smart, young people across the world would gravitate to this bold organization. Clients would applaud the move as it once and for all ends any question of greenwashing. Regulators would quickly recognize and promulgate that Full Market Disclosure is the core standard to follow, as all other standards and data regimes can rest on top of it.
Financial organizations around the world would have no choice but to quickly copy this firm and adopt the Full Market Disclosure standard as clients and young staff will demand it and regulators will eventually require it. The vast quantities of data and learning would reframe the world’s understanding of climate and ESG risk and greatly facilitate the transition to a sustainable future.
The secret to making money from climate finance, then, is not to try to make money from it initially. The first firm that does this well stands to become the leader in climate and ESG finance. I am curious to see who does this!”
Excerpt from “ESG Data is a Public Good. Let’s Open It Up.” Published in Impact Alpha, November 21, 2021
The above insight also applies to hedge funds, private equity funds, venture capital funds, corporates, asset owners, and regulators.