Research into environmental, social and governance (ESG) by Credit Suisse and Citi are among winners in the annual ESG Research Australia awards run by the Responsible Investment Association Australasia (RIAA).
The awards aimed to inform and drive more responsible investment in Australia and topics covered included modern slavery, climate change and human rights, with the RIAA saying the ‘social’ part of ESG was gaining more presence.
“We saw a significant increase in the number of pieces of research nominated this year, reflecting the ever-increasing focus on ESG from brokers and investors alike,” said Simon O’Connor, chief executive of the RIAA and chair of ESG Research Australia.
“The uptick in research focused on issues surrounding modern slavery, human and labour rights, and First Nations peoples’ rights mirrors prominent events that have taken place over the last 12 months like the destruction of Juukan Gorge, the first reports under the Modern Slavery Act, and of course COVID-19.”
The winners of this year’s ESG Research Australia Awards were:
- Best Piece of New ESG Research:
Nothing to lose but chains – A modern take on slavery for investors, by Zoe Whitton and Edward McKinnon, Citi
- Best Piece of Ongoing ESG Research:
CEO incentives and analyst expectations, by Sameer Chopra et al., Bank of America Merrill Lynch
- Best ESG Broking Firm:
- Best Piece of Investor Relevant ESG Research (non-broking firm):
Labour Hire and Contracting Across the ASX100, by Dr Katie Hepworth, Australasian Centre for Corporate Responsibility.