February 13, 2019 / News

Schroders expands ESG team

By Joe McGrath, ESG Clarity

The fund group has expanded its ESG team following the recent launch of two dedicated sustainable equity funds

Schroders expands ESG team

Schroders has announced the appointment of an environmental, social and governance integration specialist from accounting and consulting firm PwC.

Stephanie Chang will take the newly created role, reporting to the company’s head of sustainable research, Andrew Howard. Prior to joining Schroders, Chang worked as an assistant director for sustainability and climate change at PwC.

“Stephanie brings a wealth of ESG knowledge and expertise when it comes to measuring, managing and integrating sustainability,” Schroders’ global head of stewardship, Jessica Ground, said in a statement.

“Our clients are increasingly asking for ESG to be embedded into their portfolios and, in turn, we are also constantly seeking to improve how effectively we integrate ESG across Schroders’ investment desks.”

At PwC, Chang worked in her sustainability role for five years, looking at how climate change was impacting companies in the financial services sector. Part of her role involved assisting clients to map out their corporate futures as the world transitions to a low carbon economy.

Ground added: “Stephanie’s appointment will enhance our ability to deliver the best sustainable investment outcomes for clients across the asset classes in which we invest.”

This latest appointment comes as Schroders pushes on with its range of ESG-integrated funds. In January, it launched the European Sustainable Equity fund, following the launch of the Sustainable Multi-Factor Equity fund at the end of 2018.

Over the past four years, the fund group has been rewarded for its investment in its sustainable investment analysis, scoring an A+ rating for its approach from the United Nations-backed Principles for Responsible Investment.