Storebrand Asset Management: Engagement may be mere marketing ploy to some

The Norwegian investment manager warns that engagement can be used as a smoke screen in ESG investing and some asset managers have stronger PR programs than actual ESG programs.
Photo: Storebrand/PR
Photo: Storebrand/PR
BY HELLA ANDERSEN

Storebrand Asset Management Head of Sustainable Investments Matthew Smith says to Citywireselector that he is concerned about an over focus on engagement as a tool in every circumstance, when it comes to ESG investing.

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