Sustainable Festival: Schroders' ESG head warns against third party sustainability ratings

Andy Howard: companies risk ‘chasing own tail’ to appease agencies

clock • 2 min read
Head of ESG at Schroders Andy Howard

Head of ESG at Schroders Andy Howard

Andy Howard, global head of sustainable investment and ESG at Schroders, has warned against the usefulness of third-party sustainability ratings, arguing that using these in isolation can be a “fools’ errand”.

Speaking at the inaugural Sustainable Investment Festival, Howard said he and his team did use third party scores but only as one part of their in-house analysis process. The reason for this are the significant...

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