New asset owner template set to strengthen ESG integration by managers

Theresa Whitmarsh, former executive director of the Washington State Investment Board and Hiro Mizuno, former CIO of the Japan Government Pension Investment Fund, the world’s largest pension fund, are behind the latest investor tool to support ESG integration and prevent greenwashing.

The Pension Fund Coalition for Inclusive Capitalism, part of the Coalition for Inclusive Capitalism and co-chaired by Theresa Whitmarsh and Hiro Mizuno, has released an open resource template to help pension funds’ structure contract language in their investment agreements with asset managers around ESG integration in public and private equity. The resource is intended to protect against superficial implementation of ESG and enable asset owners to better direct their asset managers to invest in line with their priorities.

Related Articles

A Q&A With Lynn Forester de Rothschild about pensions, ESG and the future of capitalism

‘Thinking of pension systems only in terms of the stock price return may have worked in 1945. But in 2025,…

Asset owners’ investment lens changes

Many asset owners in private markets say they are looking at investments through an ESG lens, not simply as an…

Inclusive capitalism comes down to the fine print

The Coalition for Inclusive Capitalism is one of the few sustainable business-focused non-profit groups whose members have been granted a…

Pension Fund Coalition for Inclusive Capitalism Releases Resource to Focus Investments on Long-term Value Creation

The Pension Fund Coalition for Inclusive Capitalism, an initiative of the Coalition for Inclusive Capitalism and the Ira M. Millstein…

What form of capitalism do we need in the future?

Capitalism has brought with it progress, not merely in production but also in knowledge“ ~ Albert Einstein. It changed our…

SEC Rules for Workplace Data Would Be Good for Investors

By Paul Dickson and Meredith Sumpter The U.S. has been underinvesting in workers for decades, so it’s good news that…