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.