ESG investing has become one of the most popular and fastest-growing areas in the financial world, with more and more investors looking to put their money into companies that align with their values. Despite its popularity, there still needs to be more clarity about what ESG investing is and how it works.
In this episode, Ryan and George are joined by Jeff Gitterman, CEO and Partner at Gitterman Wealth Management. Jeff has over 30 years of experience as a financial advisor, primarily focusing on high-net-worth individuals and higher education professionals. He is a widely recognized leader in the ESG (Environmental, Social, and Governance) and sustainable investing field and the creator of SMART (Sustainability Metrics Applied to Risk Tolerance)® Investing Solutions.
Noted as an "ESG expert" by Financial Advisor magazine, Jeff talks with Ryan and George about ESG investing in the legislative process, how a divided Congress could impact the future of sustainable impact investing, and which emerging companies are most interested in ESG investments.
Key Takeaways
[01:32] - The key role Jeff plays in the wealth and asset management industry.
[03:13] - Why ESG is the GPS of investing.
[06:33] - ESG as a product and ESG as a process.
[09:57] - FTX's ESG controversy.
[13:32] - The quantitative and qualitative metrics behind an investment.
[15:07] - What everyone needs to know about ESG.
[20:16] - What the future holds for ESG in a divided Congress.
[26:14] - Emerging companies that will respond to ESG investing.
[29:01] - How typical investors can participate in ESG investing.
[33:42] - What it's like on the New York Stock Exchange currently.
Quotes
[05:27] - "ESG does not tell you what to buy or sell. It's just data." ~ Jeff Gitterman
[15:48] - "ESG is not thematic, and it's not values-driven in any way. That has to be made clear to everyone. ESG is just table stakes for any asset manager doing due diligence on the companies they are investing in, and it has nothing to do with stock selection around sectors or themes." ~ Jeff Gitterman
[26:49] - "The physical environment is, unfortunately, changing more rapidly than people predicted. But at the same time, technology is evolving much quicker than people predicted." ~ Jeff Gitterman
Links
Jeff Gitterman on LinkedIn
Jeff Gitterman on Twitter
Gitterman Wealth Management
Barron's
ExxonMobil
PG&E Corporation
FTX
Kayne Anderson Capital Advisors
YourStake
MSCI
Morningstar
NYSE
FINTECH. TV
Connect with our hosts
Ryan Donovan
George Svagera
Subscribe and stay in touch
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2266-OAT-11/22/2022
