Time to take real action this Diversity and Inclusion Week

Too easy to just 'talk the talk'

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City Hive's Bev Shah
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City Hive's Bev Shah

The acronym ESG continues to be the most overused word by every firm in the investment management industry, with companies stating it is ingrained in their DNA as investors and employers.

However, I do not see many firms meeting their own sustainability responsibilities by prioritising diversity to create a more inclusive and equitable industry.  It is just another form of greenwashing.   There has been a welcome increase in awareness through the #IAM, #BlackLivesMatter #TimesUp and #MeToo campaigns, but awareness does not equal action. To create impactful change, firms must make significant cultural changes, and that starts at the top. The lack of real, measurable results by investment managers demonstrates where diversity and inclusion sit in terms of importance.  #I...

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