This year the coronavirus pandemic unleashed an unprecedented crisis: it revealed the vulnerability of global systems to protect the environment, health and economy and reversed progress towards the attainment of the Sustainable Development Goals (SDGs). It is against this backdrop that we will mark UN Day on 24 October, celebrating 75 years since the United Nations came into existence and 20 years of the UN Global Compact.
While the world continues to tackle this unprecedented health, economic and social crisis, the UN Global Compact is calling on business leaders to unite to support workers, communities and companies affected by the pandemic. Asset managers also have an important role to play: by integrating sustainability into their investment decisions and engaging companies, they can understand corporate responses to the pandemic.
At the international business of Federated Hermes, we have always been at the vanguard of integrating sustainability into investment strategies: we embed ESG analysis and stewardship into our investment decisions – and this matters even more in times of crisis. We also launched the world’s first equity and bond strategies driven by engagement on the SDGs.