Environmental, Social, Governance (ESG) Committees
The ESG Technical Committee and ESG Examination Subcommittee are responsible for developing and maintaining the Global ESG Disclosure Standards for Investment Products. The ESG Working Group, which was active from 1 January 2020 to 31 December 2020, was also instrumental in the development of these standards.
ESG Technical Committee Members
Former Managing Director, Head of Sustainability in Active Equities, UBS Asset Management, United States
Bruno Bertocci, retired, was the former head of global sustainable equities at UBS Asset Management, where he led the development of the team's positive screening process. He managed the global equity investment group at Stein Roe & Farnham and worked as a regional portfolio manager and global equity portfolio manager at Rockefeller & Co. Mr. Bertocci represented UBS on committees that include the US Social Investment Forum, the Institutional Advisory Group for the Sustainability Accounting Standards Board, and the Task Force on Climate-related Financial Disclosures. He was also a member of the UBS Sustainability Council. Mr. Bertocci holds an AB degree from Oberlin College and an MBA degree from Harvard Business School.
Director, Ameriprise Financial, United States
As a Senior Director of Manager Research at Ameriprise Financial, Ben Becker is responsible for research and coverage of International and Global equity strategies. Ben also leads the Ameriprise Investment Research Group’s sustainable investing effort which includes leading the due diligence process on sustainable investing products and providing sustainable investing thought leadership on firm-wide projects and to Ameriprise advisors and clients.
Ben graduated from the University of Missouri, Columbia with a B.A. in Political Science. He also received his M.B.A. with an emphasis in Finance from the Carlson School of Business at the University of Minnesota, and holds the Chartered Financial Analyst (CFA) designation and Certificate in Investment Performance Measurement (CIPM) designations.
Managing Director, Head of ESG, Polymer Capital Management, Hong Kong
Anthony Cheung specializes in Green & Sustainable Investment, ESG Investing and Climate Governance in Asia. Anthony is the Managing Director, Head of ESG at Polymer Capital Management and he has served various asset management roles in London, Singapore and Hong Kong including Gartmore, Pictet and BNP Paribas. He was the first in Asia who attained the Certified ESG Analyst (CESGA®) designation and was awarded Regional ESG Leader Award by Insights and Mandate (I&M) in 2019.
Anthony actively advocates sustainability governance best practice. In addition to the CFA Institutes’ ESG Technical Committee, he serves as Supervisory Board member of the World Benchmarking Alliance (WBA), and Steering Committee member of the World Economic Forum Climate Governance Initiative (CGI) Hong Kong. With his deep ESG expertise, coupled with his experience serving in various industry positions and board directorships, Anthony works closely with financial industry and asset owners to promote ESG best practices and initiatives in Asia.
Founder and Managing Partner, Close Group Consulting Inc.
Tamara is the Founder and Managing Partner of Close Group Consulting, which is global boutique ESG strategy and due diligence advisory firm for financial and capital markets. She was previously the Head of ESG Integration for KKS Advisors, a global ESG Advisory firm, and spent 10 years in senior leadership roles within the risk and public markets investment groups of PSP Investments. She has over 25 years of combined experience in capital markets and ESG strategy and has held various front office investment management positions for the Bank of Montreal and Credit Lyonnais in the global derivatives and foreign exchange markets. She was also the head of research and risk for Structured Asset Management, a fixed income asset management firm in Montreal.
Tamara is a Board director for Valeo Pharma, a publicly traded pharmaceutical firm, and for Evovest, an investment management firm using artificial intelligence and evolutive learning techniques to manage investment portfolios.
Tamara holds the Chartered Financial Analyst (CFA) certification, is a member of the ESG Examination Subcommittee for CFA Institute, and is a council member of the Canadian Advocacy Council for CFA Societies Canada. She is also a member of the Investment Committee for the JGH Foundation, a Board director for CFA Montreal and was previously the Chair of the ESG Committee. Tamara is a Strategic Advisor to the Veristell Institute, and an Advisor and Contributor to PracticalESG, a source for ESG thought leadership. Tamara is a regular contributor to industry journals and author of thought leadership on ESG, risk management and sustainable investing and is a sought after speaker. She earned a Bachelor in Economics from McGill University and a Master of Science degree in Finance from the John Molson School of Business. She is based in Montreal and is fluent in English and French.
Former Head of Multi Asset Strategies, Invesco EMEA, United Kingdom
Clive Emery is Head of Multi Asset Strategies at Invesco, where he focuses on sustainable multi-asset solutions, and he is one of two Net Zero investment champions at the firm. He launched the Summit Responsible Range, five risk-targeted responsible multi-asset funds, for which he pioneered Responsible Asset Allocation (RAA), a separate and additional step to the traditional tactical and strategic asset allocation processes. He is a member of the Sustainability and Responsible Investment (SRI) committee of the Investment Association, a contributor to the UK Sustainable Investment and Finance Association’s policy vision, a member of TISA’s SRI committee, and a member of the Disclosure & Labelling Advisory Group developing sustainable disclosure regulation for the UK fund industry with the Financial Conduct Authority and Her Majesty’s Treasury.
Director of ESG Research, Breckinridge Capital Advisors, Inc.
Senior Director, Global Industry Standards, CFA Institute, United States
Chris Fidler is a Senior Director in the Global Industry Standards department at CFA Institute. Mr. Fidler leads the promotion of CFA Institute industry codes and standards globally and helps to identify areas where new standards are needed. He currently leads the development efforts for the CFA Institute ESG Disclosure Standards for Investment Products. Prior to joining CFA Institute, Mr. Fidler was a management consultant at Thought Logic Consulting, LLC, and served in a number of management roles at Capital One Financial Corporation. Mr. Fidler holds a Bachelor of Science degree in engineering from the University of Illinois and a Master of Business Administration from the Darden School of Business at University of Virginia.
Board Chair, VentureESG
Senior Principal Consultant for Wealth Business, Mercer, Singapore
Anubhuti is a Senior Principal Consultant for the Wealth Business in Mercer, Singapore. She is responsible for delivering investment solutions and advice and driving strategic partnerships across South-east Asia.
She has over 17 years’ professional experience in the investment industry with a focus on quantitative strategies and equities. Before joining Mercer, she was the CEO for Singapore and Head of Equity Quant Investments (formerly Rosenberg) for APAC at AXA Investment Managers. She was responsible for developing the strategy and driving the business, research, sustainability and investment agenda for Rosenberg in the region. She was a member of regional and global leadership teams including Asia Executive Committee and Rosenberg Global Management Committee and worked on multiple complex client and business projects.
Prior to this, she served as the Head of Portfolio Management and Deputy Chief Investment officer for the region. During that period, the business delivered several important milestones, developed complex new investment capabilities, undertook leading-edge platform-wide ESG integration and completely overhauled the portfolio construction process.
Anubhuti is an active contributor on investing, leadership and ESG related topics. She advocates for diversity, mentoring and knowledge-based volunteering to advance the investment industry. She has served on the global CFA Institute Education Advisory Committee as a member and Vice-chair for a term of 6 years. She is a member of the Nominating Committee for CFA Institute Board of Governors. She has been appointed as a member of the CFA Institute ESG Technical Committee starting September 2022.She sits on the Advisory Board of Singapore Chapter of CAIA Institute. She is a mentor and champion at Financial Women’s Association of Singapore and supports LGBT Great.
Anubhuti holds a Master’s degree in Financial Engineering and a Bachelor’s degree in Engineering (First class Honors) from Nanyang Technological University and a Certificate in Computational Finance from Carnegie Mellon University. She is a CFA and CAIA Charterholder and has Certificates in ESG Investing and Investment Performance Measurement (CIPM).
Director of Responsible Investing, Federated Hermes, United States
Martin is the Director of Responsible Investing, leading firm-wide integration of sustainable finance, thematic research and engagement across all asset classes. Federated Hermes has over 60 ESG subject-matter experts and one of the world’s largest engagement databases with 20 years of proprietary data analytics representing $1.4 trillion in assets under stewardship. He is a senior member of Federated Hermes’ Risk Management Committee, Proxy Voting Committee, Sustainability Leaders Council, ESG Faculty and is a former Equity Portfolio Manager. Martin is an Adjunct Professor of Sustainable Finance at the University of Rochester Simon Business School, serves as an advisory member for the International Sustainability Standards Board (ISSB) and Forbes Finance Council ESG and Sustainability Group Lead. He graduated from Cornell University magna cum laude with a BS in applied economics, earned a MS in law & accounting from the London School of Economics (LSE) and completed a post-grad in advanced risk management from the Yale School of Management. Martin is a CFA charterholder and FSA credential holder.
Founder and Managing Partner, ESG Portfolio Management, Germany
Christoph M. Klein, CFA, is founder and managing partner at ESG Portfolio Management. Previously he served as a portfolio strategist, managing director, and head of ESG credit at Deutsche Asset & Wealth Management. Prior to his current role, he served as partner and head of fixed income credit at TriPoint Asset Management. Mr. Klein also worked as a multi-strategy portfolio manager for credit hedge funds at CPM Advisors and as an analyst and portfolio manager for corporate and convertible bonds at Deutsche Asset & Wealth Management. He has served as a visiting scholar at Salomon Center for the Study of Financial Institutions at New York University. Mr. Klein began his career as a private banking investment strategy analyst at Deutsche Bank. He was a member of the UN PRI Fixed Income Working Group and serves as an instructor for ESG seminars for Moody's Analytics. Christoph received his diploma in business administration from the University of Trier.
Director, Sustainable Investment, IFM Investors, United Kingdom
Amanda leads on development and implementation of IFM Investors’ sustainable investment strategy across UK and EU, working with the investment teams to deliver for clients and stakeholders. She has extensive experience embedding sustainability across organisations and for clients and was previously responsible for policy and strategy at Barnett Waddingham, a UK-based investment and pensions consultancy. Formerly at The Pensions Regulator (TPR) for most of a decade, Amanda worked across a number of policy areas including sustainable finance and investment, trustee governance and standards, and consolidation of pension schemes.
Amanda is a non-actuary member of the Institute and Faculty of Actuaries Sustainability Board, advising the profession on policy and regulation of environmental and social issues. She is also a charity trustee and currently holds the Vice Chair role on the board of Age UK West Sussex, Brighton & Hove; using her time and expertise to support the community.
Executive Director, ESG Portfolio Specialist, Calvert Research & Management (Morgan Stanley Investment Management), United States
Kate Marshall is an ESG Portfolio Specialist for Calvert’s Applied Solutions team, which manages Calvert’s Responsible Index series, thematic indexes and active risk managed strategies. Calvert Research & Management has approximately 32 billion in assets under management and is a division of Morgan Stanley Investment Management (MSIM), which manages over 1 trillion in assets. As an ESG Portfolio Specialist, Kate is responsible for client servicing and portfolio management support. In her role, she prepares and delivers materials to clients to communicate the team’s investment philosophy, portfolio performance and product positioning. She also supports day to day portfolio management activities including client and regulatory reporting, portfolio monitoring and research. In addition, Kate helps to shape the team’s custom investment solutions offerings.
Prior to MSIM, Kate worked at BSR (Business for Social Responsibility) where she primarily advised private equity firms on ESG integration, including impact investing and ESG due diligence. Kate also worked with consumer goods and food and agriculture companies to design and implement supply chain sustainability and women’s empowerment programs. Before working at BSR, Kate was the lead ESG Analyst for the Materials sector at Sustainalytics where she conducted company and sector-level research, advised clients on ESG integration and contributed to the firm’s research methodology development.
Kate holds a Master of Public Policy from the University of Toronto and a Bachelor of Arts in International Relations from the University of British Columbia.
Head of Responsible Investment Research, Man Group, United Kingdom
Jason Mitchell is Head of Responsible Investment Research at Man Group and Chair of Man Group’s Stewardship Committee. Previously, Jason was Co-Head of Responsible Investment at Man Group.
Jason worked at Man GLG from 2004 to 2008 as a portfolio manager. Between 2008 to 2010, he advised the UK government on infrastructure development across Sub-Saharan Africa. He returned to Man GLG in 2010 as a portfolio manager, before becoming a sustainability strategist across Man Group in 2017. Prior to Man GLG, he was a Vice President at Andor Capital Management and an investment research analyst with Pequot Capital Management.
Besides having managed environmental and sustainability strategies, he speaks and publishes widely on responsible investment. Jason’s articles and comments on sustainable investing have been quoted in a number of top-tier publications, including Financial Times, Institutional Investor, Wall Street Journal, CNBC Squawk Box, Responsible Investor, Aftenposten and Global Times. He has written widely on the European refugee migrant crisis. He also hosts the award-winning podcast series, A Sustainable Future.
Jason is Chair of the Board of the UK Sustainable Investment and Finance Association (UKSIF). He serves on the Esmée Fairbairn Foundation Investment Committee, ISSB (International Sustainable Standards Board) Investor Advisory Group, the CFA Institute’s ESG Technical Committee, the World Bank Carbon Pricing Leadership Coalition (CPLC) Advisory Group and the United Nations-supported Principles for Responsible Investment (PRI) Academic Advisory Committee. He previously served on the EFRAG (European Financial Reporting Advisory Group) Lab Steering Group and chaired the PRI Hedge Funds Advisory Committee. He is a contributing author to: CFA UK’s Certificate in ESG Investing Textbook (Ed. 2 & 3, 2021); Responsible Investing: A Guide to Environmental, Social, and Governance Investments (Routledge: 2018); Sustainable Investing: Revolutions in Theory and Practice (Routledge: 2017) and Evolutions in Sustainable Investing: Strategies, Funds and Thought Leadership (Wiley Finance: 2012).
Jason holds a MSc in International Political Economy from the London School of Economics and a bachelor’s degree in English literature and classics. He is a Fellow of the Royal Society of the Arts and the British-American Project. He was named one of Institutional Investor’s 2011 Hedge Fund Rising Stars and one of the 50 most influential people in sustainable finance by Financial News in 2022.
ESG Product Specialist and Co-Chair of ESG Strategic Steering Committee, Western Asset Management, United Kingdom
Brishni Mukhopadhyay, CFA is the ESG Product Specialist and Co-Chair of the ESG Strategic Steering Committee for Western Asset Management, which is a Specialist Investment Manager of Franklin Resources, Inc, the holding company for Franklin Templeton Investments and its subsidiaries. Prior to this, Brishni worked at Lazard Asset Management, J.P. Morgan Asset Management and J.P. Morgan Investment Bank.
Brishni is currently the Chair of the ESG Working Group responsible for the Certificate in ESG Investing, having previously served as the Vice-Chair of the working group with CFA UK since inception in 2017. Brishni holds a M.S. in Operations Research (Finance) from Columbia University, M.Eng. in Mechanical Engineering from the University of Sheffield and is a CFA charterholder.
ESG Practice Lead, GMO LLC, Singapore
Mr. Shah joined GMO in 2017 and is responsible for building GMO’s ESG capability across investment product areas and asset classes. His efforts at GMO include creation of GMO’s proprietary country ESG model as well as the company-level GMO ESG Score, helping various investment teams with their ESG integration and engagement efforts, and designing Fund level ESG reports for GMO strategies. He has been an active member of the CFA Institute’s inaugural global ESG working group and its ESG examination subcommittee. Prior to joining GMO in 2017, he led a global team of analysts focused on ESG ratings and thematic research at Sustainalytics. Previously, he was an ESG Ratings associate at MSCI and, as a senior climate change consultant with Ernst & Young, has helped register a wide variety of projects with the UNFCCC under the Clean Development Mechanism defined in the Kyoto Protocol. Mr. Shah earned his Bachelor of Engineering in Electronics from University of Mumbai and holds a post-graduate diploma in management - e business (finance) from We School, Mumbai. Mr. Shah holds the Fundamentals of Sustainability Accounting (FSA) credential issued by SASB, Sustainability and Climate Risk (SCR) credential by GARP, and the CFA charter.
Senior Vice President and ESG Practice Leader, Callan, United States
Thomas H. Shingler is a senior vice president and Callan’s ESG practice leader. Based in Callan’s New Jersey consulting office, Tom leads our ESG research and education efforts, providing ESG support to Callan consultants, and creating solutions for Callan’s clients. He also collaborates with our team of ESG subject matter experts to develop research and insights into trends for the benefit of clients and the industry. Tom works with a variety of clients, including public and corporate defined benefit and defined contribution plans, as well as endowments and foundations. His responsibilities include strategic planning, investment implementation, manager evaluation, education, and special projects. Tom is a member of Callan’s Management and Manager Search committees, and is a shareholder of the firm. Prior to Callan, Tom was co-head of consulting at Orion Consultants, a consulting firm serving the fixed income divisions of global investment banks, where he worked for 11 years. He was responsible for managing several client relationships, new business development, and leading the firm’s market research studies. Tom earned an MBA from the University of Pennsylvania Wharton School and a BA in history from Princeton University.
Global Head of Data Strategy, eVestment, United States
Erika Spence is the Global Head of Data Strategy at eVestment, a Nasdaq business unit. Her primary role is to determine strategic ways that eVestment can increase the depth, breadth, and quality of the data our users depend on to make investment decisions. Prior to joining eVestment, Erika spent seven years at Cambridge Associates, LLC, where she was a member of the management team for the Manager Information Group and, later, a Senior Project Manager in CA’s Capital Markets Research Group. Erika graduated from UCLA in 2006 with a degree in Political Science.
Director of Investment Research, Morningstar, Canada
Ian Tam, CFA is Director of Investment Research, for Morningstar Canada, a wholly owned subsidiary of Morningstar, Inc. In his current role, Tam is tasked with evangelizing Morningstar’s thought leadership across multiple stakeholder groups within Canada’s investment industry inclusive of individual investors, advisors, asset managers, industry trade bodies, and regulators. In 2021, he was the elected Chair of the Canadian Investment Funds Standards Committee (CIFSC.org), a cross-industry organization that oversees mutual fund, ETF, and segregated fund classifications in Canada. The CIFSC recently announced the launch of a framework that helps Canadian investors identify investment funds with ESG-related approaches written in their prospectus disclosures. Tam holds a Bachelor of Applied Science in Mechanical Engineering from the University of Waterloo and holds the Chartered Financial Analyst® designation.
Global Head Sustainable Investment, Natixis Investment Advisors, United States
Nathalie Wallace is Global Head Sustainable Investment at Natixis Investment Advisors and a member for the executive management committee. In this role, she drives the firm’s sustainable investment strategy across its distribution network, its affiliated investment managers and as part of industry-wide initiatives. She is also a member of the boards of Mirova and Ostrum Asset Management.
Nathalie plays an instrumental part in strengthening the firm’s sustainable investment capabilities and developing its range of innovative sustainable solutions while supporting collaborative approaches to accelerate the transition to a more sustainable global economy. Nathalie serves on Natixis Investment Managers’ Investment and International Executive Committees.
She is a long-time advocate for sustainable economic development and finance, having served as Head of Strategy and Development at Mirova, Global Head of ESG Investment Strategy at State Street Global Advisors, and while at Ceres advancing collaborative engagement on climate related risks such as Climate Action 100+ and the Investor Initiative for Sustainable Forests. She was previously a portfolio manager investing in emerging markets.
Nathalie earned her bachelor’s degree at the Institut Supérieur de Gestion Business School in Paris, France and is a Certified International Investment Analyst (CIIA). She served as French Foreign Trade Advisor from 2014 to 2020, is a member of the CFA Institute’s ESG Technical Committee, a co-chair of the Investor Leadership Network’s Climate Change Committee and a co-founder of the Center for ESG and Sustainable Investing at AIG Global.
ESG Examination Subcommittee Members
Investor Trust Services Leader, PwC Switzerland, Switzerland
Member of CFA Society Switzerland, CFA Society Liechtenstein
Dimitri Senik, CFA, leads the Investor Trust Services at PwC Switzerland. Mr. Senik provides assurance services to investment managers and investors with respect to investment process and governance, investment performance and risk management, GIPS compliance, and ESG Investing. He is a member of the Investment Committee of the Pension Funds of PwC Switzerland. Mr. Senik has been a long-standing volunteer in the standard-setting bodies for the GIPS standards and currently chairs the GIPS Standards Technical Committee. He is also a member of the GIPS Standards Expert Group of the Asset Management Association Switzerland. Mr. Senik chairs the ESG Verification Subcommittee of CFA Institute, which is currently engaged in the development of the new ESG Disclosure Standards for Investment Products. He holds a degree in international economics and is also a Chartered Certified Accountant.
Partner, ESG Advisory, ACA Group
Member of CFA Society Portland
Crista DesRochers, CIPM, joined ACA Group's ESG team from the Performance Services team, where she provided Global Investment Performance Standards (GIPS®) consulting and verification services to investment managers across the globe. She brings more than 15 years of investment management consulting experience to the ESG team and specializes in ESG assurance-related services. Crista is an active volunteer with CFA Institute. She is currently a member of the GIPS Standards Technical Committee and the ESG Verification Subcommittee, and a former member of the United States Investment Performance Committee (USIPC). Crista earned her BA in Business Administration with a concentration in Finance from Washington State University and is a member of CFA Institute and CFA Society of New York.
Partner, Financial Services, Ernst & Young LLP
Chris is a New York–based Partner in the FSO Assurance practice of Ernst & Young LLP. He has over 20 years of experience in the financial services industry servicing Wealth and Asset Management (WAM) clients. Chris focuses much of his time working with investment advisors, regulated investment companies including exchange traded funds, non-registered funds and service providers. He also leads the firm’s WAM Assurance ESG go-to-market strategy focusing on value-added services and providing various limited assurance reports. Chris has a BA in Economics / Accounting from the College of the Holy Cross. He is a CPA licensed in Massachusetts and New York.
Member of CFA Society Singapore
Claudia Gollmeier, CFA, CIPM, Managing Director (Singapore) and Senior Investment Officer at Colchester Global Investors. As a Senior Investment Officer, Claudia manages global and emerging bond portfolios. She also conducts ongoing economic and ESG research. Before joining Colchester, Claudia held positions at UBS Reality investors and was a portfolio manager at Western Asset Management.
Claudia also chairs the PRI Sovereign Debt Advisory Committee, having previously been a PRI Fixed Income Advisory Committee member and chaired the PRI Sovereign Working Group. She is a member of the CFA UK ESG Working Group, which developed the first professional ESG qualification. In addition, Claudia sits on the CFA Institute ESG Verification Subcommittee.
Vice President, Performance Practice Leader, Fairview Performance Services
Greta Nathan is the performance practice leader at Fairview Performance Services where she is responsible for establishing and maintaining the company's products and services. She has over 25 years of industry experience and has performed Global Investment Performance Standards (GIPS®) verification and consulting services in each of her previous positions. Ms. Nathan was most recently with ACA Performance Services, where she worked with some of the firm’s largest, most complex global clients. Previously, she worked at Vincent Performance Services LLC and at CAPS, Inc. Ms. Nathan began her career as an audit manager at PricewaterhouseCoopers LLP, providing audit and other services to a range of investment management firms. She serves as Chair of the GIPS Standards United States Investment Performance Committee (USIPC) and member of the Global ESG Disclosure Standards Verification Subcommittee. Ms. Nathan earned a BS in mathematics and an MBA in accounting from Union College.
Ophélie Peypoux is a Director at Deloitte France, where she leads the French SRI Label and Global Investment Performance Standards (GIPS®) consulting and verification services to investment managers in France and abroad. She has over 14 years of industry experience. Prior to joining Deloitte in 2011, Ophélie Peypoux worked in financial markets, as a salesperson for credit derivatives, ETFs and equities. She holds a master’s in management from EDHEC Business School.
Deloitte & Touche LLP, United States
Clarisse specializes in responsible investment, with both executive and non-executive experience. She has worked for asset owners, managers and universities across Europe, Asia and the Americas. Clarisse sits on the S&P’s Global Sustainable Finance Scientific Council and UK’s Prosperity Fund’s Brazil Green Finance Committee. She is the academic advisor of the CFA’s ESG Investing certification and supports academic programming for the University of Cambridge and ESSEC Paris-Singapore. Clarisse holds a MSc on sustainability from HEC Paris.
Deputy Chief Risk Officer, Amundi Asset Management US, Inc., United States
Allen is the Deputy Chief Risk Officer for Amundi Asset Management US, Inc. where the risk team oversees Performance and GIPS analytics, investment risk and compliance, and liquidity and operational risk management. Allen is a member of CFA Society of New York and a contributor to the Performance and Risk Analytics Group. He sits on the Steering Committee of GARP Chicago Chapter as well as the Advisory Council of Fellow of Canadian Securities Institute. He is a CFA charter holder and a CPA in the State of Illinois in the US. Allen holds a bachelor’s and a master’s degree in business administration and is an awardee of Director’s Scholarship of University of Oxford Saïd Business School.