Veris’ core competency is identifying portfolio managers who successfully integrate both traditional financial and Environmental, Social and Governance (ESG) factors into their investment process. Well-managed funds and strategies integrating ESG factors perform comparably to portfolios that do not integrate ESG factors. Veris performs ongoing due diligence on managers to continually ensure that clients are working with top-performing managers.
November 2016: Veris Wealth Partners and Women Effect
Project Rose is the definitive tracker of funds and products investing with a gender lens mandate in global public debt and equity securities. The data in this spreadsheet was compiled over a period of months by Veris Wealth Partners.
August 2016: Veris Wealth Partners
Investing in Climate Solutions: Creating Sustainable Economies
For policymakers, corporations and individuals, the effort to address climate change has moved into high gear, and poses significant new challenges—and opportunities—for investors. In this white paper, Veris takes a cautiously optimistic view on a new generation of climate solutions. We believe the concerted efforts of governments, corporations, nonprofits, foundations and individuals can have a positive impact on our environment and our societies.
March 2015: Veris Wealth Partners
Women, Wealth and Impact: Investing with a Gender Lens 2.0
A ‘gender lens’ helps investors spot those enterprises that value diversity and gender inclusiveness. For those seeking to use their portfolios to empower women and girls, a gender lens is a “view finder” for those opportunities. Our paper explores the state of the field and the exciting, evolving array of investing possibilities. Through all of this work, we see the power of investing in women and girls and that it benefits us all.
September 2014: Envestnet Asset Management
Exploration of the Cross-Section Return Distributions of Socially Responsible Investment Funds
This paper compares the cross-sectional performance (total returns, risk-adjusted returns, and risk exposures) of socially responsible (SRI) and conventional (non-SRI) mutual funds. The paper establishes that there exists economically and statistically significant and persistent differences in the cross-sectional performance between the SRI and non-SRI funds when comparisons are made at the quantiles of the return distribution away from the median.
July 2014: Veris Wealth Partners
Emerging Research on Climate Change Risk and Fossil-Fuel Divestment
Climate change is a significant risk and an important issue facing global markets today. As the effects of climate change continue to accelerate they will challenge corporate profitability and governments’ budget on a global scale, creating ripple effects in equity markets today and in the long term. This document provides a frame of reference for endowments seeking to manage climate changes risks in such a way that they are able to maintain the expected returns on their investment portfolios.
November 2013: Veris Wealth Partners
Women, Wealth and Impact: Investing with a Gender Lens
Each day, new research demonstrates the enormous, positive economic impact created by women and girls. The data shows we create better companies and communities by shifting the flow of wealth and power to women, whether we aim to lift women and girls out of poverty or bolster their leadership and entrepreneurial pursuits. This document provides a frame of reference for investors interested in building portfolios with a gender lens. It offers strategies to support and empower women and girls: across borders, industries, asset classes, and socioeconomic strata.
April 2013: Veris Wealth Partners
Impact Investing Primer
Every investment had impact, whether intended or unintended. Impact investors, however, specifically seek out investments whose environmental and social outcomes are positive and definable. As Impact Investing becomes more mainstream, there are increasingly more opportunities to invest with impact. Impact investments are already available in both public and private markets and across all asset classes – including hard assets such as real estate, timber and agriculture.
June 2012: Deutsche Bank Climate Change Advisors
Sustainable Investing: Establishing Long-Term Value and Performance
The evidence shows that Sustainable Investing can be a clear win for investors and for companies, although many SRI fund managers, who have tended to use exclusionary screens, have historically struggled to capture this. This article suggests that ESG analysis should be built into the investment processes of every serious investor, and into the corporate strategy of every company that cares about shareholder value. Conclusion: ESG best-in-class focused funds should be able to capture superior risk-adjusted returns if well executed.
November 2011: Harvard Business School
The Impact of a Corporate Culture of Sustainability on Corporate Behavior and Performance
“High Sustainability” companies are a distinct type of modern corporation, characterized by a governance structure that takes into account the environmental and social performance of the company as well as the financial performance, a long-term approach to maximizing inter-temporal profits, and an active stakeholder management process. This article finds that these sustainable firms outperform “Low Sustainability” (traditional) companies in terms of both stock market and accounting performance.
March 2011: Journal of Banking & Finance
Does Corporate Social Responsibility Affect the Cost of Capital?
This article looks at independent research conducted between 1992 and 2007 which shows that U.S. firms focused on implementing Corporate Social Responsibility (CSR) and ESG business strategies benefit from substantially reduced cost of equity.
March 2011: Journal of Banking & Finance
Does the Stock Market Fully Value Intangibles?
Independent research from 1984 to 2000 shows that U.S. companies with human-capital-centered business strategies and high employee satisfaction rates significantly outperformed their competitors in stock value.