City Hive Q&A: Encouraging transparency

Bev Shah explains the group's latest project - the ACT framework

What are some good examples of corporate culture improvements you have seen within investment management?

People are certainly shuffling in the right direction and small bits of investment is happening. It’s not at a large scale or what’s needed in terms of action, but those small actions of developing people and thinking about different wants and needs is happening. There are pockets of different professional development programmes and mentoring schemes, they’re not sexy or headline-grabbing, but that is the hard work that needs to be done.

Still, it would be great to know how much money is being spent on data and on being included in different gender equity indexes etc, verses the spend on developing talent within your organisation, and the recruitment spend on plastering over things by poaching from other firms versus developing the talent firms already have.

Read the full Q&A and watch the full video in ESG Clarity’s March 2022 digital magazine.


Natalie Kenway

Natalie is editor in chief at MA Financial covering ESG Clarity, Portfolio Adviser and International Adviser. She was previously global head of ESG insight for ESG Clarity and has been an investment journalist...