Calvert Research and Management has today (5 October) launched the Calvert Institute for Responsible Investing, an affiliated research institute dedicated to addressing the "leading global challenges of our time".
Complementary to the Eaton Vance subsidiary's internal research and education programmes the Calvert Institute will partner with academic organisations, industry groups and other "like-minded investors" to create and sponsor third-party research focused on ESG issues.
Initially launched in North America, the institute will now be accessible to European and Asian investors and asset owners, and offers connection to an online hub that contains research, alongside client events and webinars.
The institute seeks to "direct the power of the financial markets" through research, education and collective action to address the "leading global challenges of our time, including environmental degradation, climate change, racial inequality and social injustice".
Current research projects include exploring and assessing forms of corporate governance, human capital management, inequality and the financial materiality of gender and racial diversity, ESG integration, public finance, sustainable practices and the global energy transition.
John Streur, president and CEO of Calvert, said: "For many years, Calvert has been a global leader in responsible investing and a catalyst for positive change through our research and engagement efforts.
"By creating the Calvert Institute, we broaden the scope of our mission and programmes in support of responsible investors and society as a whole."
Anne Matusewicz, a director of the Calvert Institute, added: "We are thrilled to have this opportunity to contribute to the further development of responsible investing. We want to help investors understand the role they can play in promoting positive change.
"Examining race and injustice, climate change and other critical issues will allow us to amplify voices that challenge the status quo based on research results and educate individuals and institutions at various stages of their responsible investment journey."