Conference Highlights & Photos: TruValue Labs 2019 US Conference
Over the past 5 years I’ve watched with interest as TruValue Labs has grown from startup to well known ESG data provider. Their approach to gathering data is unique and has always interested me, so I was thrilled when they asked if I would help them with their 2019 US Conference.
I had a dual role of emcee and an unusual role of being an extra pair of eyes and ears for attendees. I watched each presentation and panel closely, then at the end of the event, summed up all of the themes, key takeaways, and action items I saw for attendees. Below is a recap of those themes and takeaways along with some photos. If you want more photos and highlights, there’s a Twitter moment here; if you prefer a short video wrap up, you can see that here. Many of the presentations included a focus on new academic research and findings about ESG data. The event was held in the beautiful Hearst Building in NYC. The views of the city and central park were spectacular.
Top Three Themes
1. Increasing Interest & Adoption of ESG and sustainable investing by all types of investors
some of the most dangerous. Self disclosed information from corporations is necessary insufficient to see the whole picture of a company. Investors need to know if companies walk their talk, which is what TruValue labs seeks to illuminate with their data and AI driven insights. Emerging research shows that this same type of ESG data can reveal credit risks as well.
Challenge: There is no agreed upon standard for ESG measurement or impact performance. Brian Svendahl from RBC said, “impact measurement is like boiling the ocean but we have to start somewhere.” The industry would benefit from measurement frameworks for analyzing ESG data in choosing investments and for measuring actual impact from an investment or in a portfolio.
Opportunity: The last few years have seen much movement towards frameworks for measurement. The SDGs are transformative in their ability to point to a framework for impact investing. The Impact Management Project is new, has many large firm signatories and looks promising as well. Looking at ESG data is proper risk management. And as the field continues to evolve I expect we’ll see more cohesion around analytics and measurement.