How Material ESG Issues Impact Company Performance

The world’s largest asset owners own approximately $61 trillion in institutional assets worldwide. They are exposed to the whole economy in good times and bad times, and they unequivocally support stakeholder capitalism. Michael Ferrari is Chief Science Officer & Chief Data Scientist at Engine No. 1, an activist shareholder of major corporations like Exxon Mobil. Today we are discussing why Engine No. 1 is asking companies to move beyond business as usual and focus on the material Environmental, Social and Governance (ESG) issues that impact business performance,  profitability and society over the long term.