STATE STREET GLOBAL ADVISORS
State Street Global Advisors : instigating positive change in portfolio companies by using its voice and vote , influential campaigns and future-planning
The landscape for corporate accountability is changing - and swiftly , at that . Diversity , inclusion and environmental sustainability are at the top of the agenda for both companies and their shareholders in 2022 , with an increased emphasis upon building meaningful change into the very DNA of businesses .
Long-time proponents of ESG values , State Street Global Advisors have dedicated the last few years to using their influence to encourage corporate boards and management teams to address concerns relating to diversity and climate-based issues . Indeed , State Street Global Advisors ’ Vice President and Global Lead of Asset Stewardship Reporting , Philip Vernardis , has been advocating such principles for over a decade - long before it became a trending topic among mainstream business circles .
“ State Street Global Advisors is one of the world ' s largest investment managers , with nearly $ 4.14tn in assets under management . We are the creator of the world ' s first exchange traded fund and an indexing pioneer ,” Vernardis explains . “ Our mission is to invest responsibly to enable economic prosperity and social progress . We practise asset stewardship by actively using our voice and vote with portfolio companies . Our aim is to drive positive change on material ESG issues and promote long-term sustainable value on behalf of our clients .”
fintechmagazine . com 93