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
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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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