Schroders hopeful for sustainability improvements with Biden victory

The recent rollbacks could potentially result in US companies laxing on environmental practices.

Against the backdrop of Covid-19 and the US’ rollback of environmental regulation, investment in environmental, social and corporate governance (ESG) remains a wise choice, writes Sarah Brattan Hughes, Head of Sustainability, North America, Schroders.

“We have seen sustainable investing outperform going into the Covid-19 crisis, and throughout the crisis. The resilience of results supports our view that sustainable investing is a proxy for quality.”

The recent rollbacks could potentially result in US companies laxing on environmental practices. However, the focus on sustainability in other parts of the world will help keep up the sustainability standards globally, Hughes adds. 

“For example, the European Union has embarked on a sustainable finance plan and has a strong ambition to be a global leader of sustainable investing. It is a matter of time before ESG integration becomes a hygiene factor in investing; a base-line requirement for asset managers to incorporate into all investment processes.”

With additional corporate disclosures being mandated around the world, US companies will have to abide by such regulations if they want to be operating in regions outside of US, adds Hughes.

“With the US presidential elections fast approaching, should there be a shift in the White House, we’re hopeful for improvements in sustainability policies as US presidential candidate Joe Biden and his running mate Kamala Harris are both advocates of environmental and climate justice.”

ESG over the years

Hughes notes how sustainable investing has evolved over the years, starting in its simplest form in the 1990s as a process of exclusion of “taboo” industries, such as alcohol, tobacco and firearms. “Since then, sustainable investing has had huge shifts in methodology; it is now a process of inclusion rather than exclusion,” she writes.

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New Orleans Saints see improvements, but not enough to post victory over Green Bay

The New Orleans Saints did some good things on offense and defense against Green Bay. They just didn’t do enough of them.

There were enough loose ends for the Saints that they couldn’t produce a victory Sunday night in the Mercedes-Benz Superdome, where the Packers posted a 37-30 victory that was the second consecutive loss for New Orleans (1-2).

Penalties continue to be a significant hindrance (eight for 83 yards against the Packers), especially defensively, and two starters on offense (left guard Andrus Peat and tight end Jared Cook) couldn’t finish the game due to injuries. New Orleans has some cleaning up to do before it can put itself in position to win, and the next opportunity for that will come Sunday on the road against Detroit.

OFFENSE: Overall, it probably was the Saints’ best offensive showing this season. They had 397 yards, quarterback Drew Brees was sharp (29 of 36 for 288 yards and three touchdowns, with no interceptions) and running back Alvin Kamara was phenomenal (13 catches for 139 yards and two touchdowns, plus six rushes for 58 yards). But New Orleans left some points on the field, a no-no against a team the caliber of Green Bay, and Taysom Hill’s lost fumble – only a few plays after New Orleans made a midfield stand on fourth down – was a deflating blow. Brees and Emmanuel Sanders (four catches for 56 yards and a touchdown) showed some sync, and the Saints need it to continue to improve. Kamara is major target for opposing defenses, and he’s going to need the help until Michael Thomas returns.

DEFENSE: The penalties are too much. Successful teams aren’t penalized the way the Saints are committing penalties, because it’s tough to beat an opponent and yourself. Defensively, New Orleans was penalized for a

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