Andrew Parry on staying relevant in a changing world
Fiduciary Investors Series
About Andrew ParryParry is head of sustainable investment at Newton Investment Management. He was previously head of sustainable investing at Hermes Investment Management, developing the firm’s impact investing capabilities, and aligning its funds to the UN Sustainable Development Goals. He previously held roles as head of equities and impact investing at Hermes, and before this as CEO of Hermes Sourcecap Limited. He has over 30 years of equity investment expertise, having also held roles as CIO of global equities at Northern Trust Global Investments, head of equities at Julius Baer Investment Management, CIO of Lazard Brothers Asset Managers, and head of UK equities at Barings.About Amanda WhiteAmanda White is responsible for the content across all Conexus Financial’s institutional media and events. In addition to being the editor of Top1000funds.com, she is responsible for directing the global bi-annual Fiduciary Investors Symposium which challenges global investors on investment best practice and aims to place the responsibilities of investors in wider societal, and political contexts. She holds a Bachelor of Economics and a Masters of Art in Journalism and has been an investment journalist for more than 25 years. She is currently a fellow in the Finance Leaders Fellowship at the Aspen Institute. The two-year program seeks to develop the next generation of responsible, community-spirited leaders in the global finance industry. What is the Fiduciary Investors series?The much-loved events, the Fiduciary Investors Symposiums, act as an advocate for fiduciary capitalism and the power of asset owners to change the nature of the investment industry, including addressing principal/agent and fee problems, stabilising financial markets, and directing capital for the betterment of society and the environment. Like the event series, the podcast series, tackles the challenges long-term investors face in an environment of disruption, and asks investors to think differently about how they make decisions and allocate capital.
Externalities, ESG disclosure and going beyond virtue signalling | Andrew Parry
All views expressed on this podcast are subject to change and do not necessarily reflect the views of Conexus Financial. This podcast is for educational purposes only and should not be relied upon as investment advice.
"Finding your marathon" with fitness coach and serial marathoner Andrew Parry
Grit, determination, and a smart strategy are great for running marathons as well as excelling at life. In today's episode we talk to serial marathoner Andrew Parry and discuss how the lessons learned while training can be applied to improve performance in all areas of life. Connect with Andrew at: Website - https://busydadfitness.com/Instagram - https://www.instagram.com/busydadfitness/Facebook - https://www.facebook.com/busydadandrew/Please share your take aways from the episode as well as share it with a friend.Connect with your hosts at https://www.livingaheadpodcast.com/ or on social at:@livingaheadpodcast@kelly_moser_@shayalsahharMusic: https://www.purple-planet.com
I think it’s fair to say that, from a global perspective, we’re living through uncertain times. In particular I hope as a listener of this podcast you are asking questions about what to eat, where to purchase our food and how our food choices are impacting the environment and world around us. Whilst sometimes these are complicated questions, what’s been inspirational about many of the podcast conversations I’ve now had, is how – despite the politics and complexity – many food and drink producers are just getting on with it, and making a big difference to their local communities. As this weeks guest, Andrew Parry-Norton puts it, ‘What’s on your doorstep is the most important thing. Once you get that right, it spreads from there’. Andrew’s lucky. He happens to have the beautiful landscape of the New Forest literally, on his doorstep. As a Commoner, as well as a farmer, his animals can truly range free, through heathland and ancient woods. (Sometimes they range a bit too freely, as you’ll hear!) In this programme we explore the peculiarities of Commoning history. We also discover how, and even more fascinatingly, why, we are seeing the return of regional native breeds such as Ruby Red cattle and Saddleback pigs, rather than the influx of larger continental breeds. It makes good business and environmental sense, especially now that the Commoners have their own shared brand, the ‘New Forest Marque’. In essence, to support a more artisan, kinder, traditional approach to farming, Andrew needs to charge around 10% more and supply more directly to the end consumer. Is this the way other regions could go?
7: Andrew Parry of Hermes Investment Management - Sustainability Is An Imperative And The Beta Of Future Growth
Impact Leaders - Sustainable & Impact Investment and Performance with Purpose
Andrew Parry is Head of Sustainable Investing at Hermes Investment Management. In this episode of Impact Leaders, Andrew shares his insights from years of experience in sustainable investing and why he is optimistic about the direction where we are heading. Responsible investing has always been at the core of Hermes, and they have been at the vanguard of ESG investing for more than three decades. Hermes is in fact a founding signatory of the Principles of Responsible Investment (PRI) when it was launched by the UN in 2006. Hermes was established in 1983 as the principal manager to the BT Pension Scheme and, as of December 2018, it managed £33.5 billion of assets and engaged on £389.4 billion in assets. The company now employs 200 investment and stewardship professionals, with 448 total staff, in its London head office, Singapore and New York. What sets Hermes apart is the focus on stewardship in impact investing. Andrew says, “we don’t want to be absentee landlords”. They have been actively engaged with government, shaping policy and standards as well as recognising the need to create demand for positive impact. Highlights of this episode include: How to take impact investing from private markets into the public markets Why it is important for companies to be socially responsible From Socially Responsible Investing (SRI) exclusions of negative screening to Environmental, Social, and Governance (ESG) Building great Impact Investment Funds Focus on stewardship, influencing behaviours in government and creating demand If you can measure it, you can manipulate it Importance of impact narrative and setting clear goals which can then be reported on How to avoid Sustainable Development Goals (SDG) washing and Man City’s 5 goals assumption How millennials are inspiring Andrew and importance of learning from clients How SDGs are the new opportunity Useful links: Hermes Investment Management - https://www.hermes-investment.com/ Andrew Parry’s Linkedin - https://www.linkedin.com/in/andrew-parry-bb48a79/ Ørsted (formerly DONG Energy) - https://orsted.co.uk/en PRI Principles of Responsible Investment - https://www.unpri.org/ UNEP FI Positive Impact Initiative - https://www.unepfi.org/positive-impact/positive-impact/ Chapters: [4:10] Pivotal moments and changes in the last 30 years? [11:45] Long history of Hermes Investment Management in impact [19:50] Behaviour change on the demand side [27:00] More people want to engage in ESG [30:00] We need to think about stranded business models [33:00] How to differentiate between traditional ESG funds and Impact funds [43:00] Why it is important to think about impact narrative [46:00] We are still a long way away in aggregating product level to company level impact [40:00] Engagement, education, transparent reporting [55:00] Importance of answering the why question [58:00] Hurdles to promoting impact investing, not just excluding oil and gas assets [1:03:00] How we can help encourage business model transition as a way of future growth [1:05:00] Scaling impact investment to achieve SDGs [1:10:00] What drives Andrew Parry? What is leadership to Andrew? Connect with JP Dallmann on Linkedin, Twitter, or Instagram. How to incorporate SDGs into your business - Fast Forward 2030 Find talent and careers with impact - Realchangers Impact Leaders is produced and published by Woon Tan of Podcast Publishing