Introduction to Stewardship
Arun Kelshiker
20 years: Asset management and stewardship
In the first video of this two-part video series, Arun defines what stewardship is and then looks at the different approaches to stewardship, such as stewardship through engagement, stewardship through voting, and stewardship through escalation.
In the first video of this two-part video series, Arun defines what stewardship is and then looks at the different approaches to stewardship, such as stewardship through engagement, stewardship through voting, and stewardship through escalation.
Introduction to Stewardship
11 mins 6 secs
In 2018, Larry Fink, chairman of Blackrock wrote a letter to all the CEOs of companies Blackrock invests in stating that “society is demanding that companies, both public and private, serve a social purpose. To prosper over time, every company must not only deliver financial performance but also show how it makes a positive contribution to society.” This is where stewardship comes in. Given the magnitude of the societal challenges that we are facing, together with the scale of investment needed to action solutions, stakeholders have raised the bar on how all aspects of our outcomes and behaviours need to change. Investors are exercising their influence, actioning stewardship and championing their expectations with respect to corporate behaviours.
Key learning objectives:
Understand investment stewardship
Identify the different methods of actioning stewardship
Assess why investment stewardship is so important in for tackling societal and environmental issues
Arun Kelshiker
Related videos
Social Impact Investment & Social Lending Introduction
Social investment is the use of money to achieve both a social and financial return. In this video, Stuart provides an introduction to social investment, explaining what it is, the difference between loans and grants and how charities sustain loans.
Stuart Sweeney • 15:29
Green and Sustainable FinTech
Over the past decade, digital, data-driven and internet enabled technologies have transformed many aspects of financial services. In this video, Simon will look both at the benefits of applying FinTech to green and sustainable finance, and also at some of the challenges to be overcome.
Simon Thompson • 11:14
Social Bonds History & Market Today
In this video Keith highlights the social bond market timeline. The first social bond was introduced by the International Finance Facility for Immunisation (IFFM) in November 2006. Since, social issuance has emerged in covered, senior unsecured, senior preferred, and senior non-preferred format.
Keith Mullin • 06:51
