The JANA Sustainability Advisory Council (JSAC) would bring together experts in sustainability and senior figures in institutional investment to find ways to generate investment returns that will make a difference to the environment and society.
It would also apply practical frameworks to measure and monitor investing for real world outcomes.
JANA CEO, Jim Lamborn, who would be retiring later this year, said the members had been appointed from a range of backgrounds to provide an insight from outside financial services.
It included:
- Nicki Hutley, independent economist, councillor (Economics), Climate Council
- Peter Yu, senior Yawuru man and vice president, The First Nation Portfolio at Australian National University
- Zarmeen Pavri, partner and chief impact officer, SDGx
- Renee Grogan, chief sustainability officer and co-founder, Impossible Mining.
“The reach of sustainability efforts are far and wide, impacting not only the wealth of investors, but also individuals and society. Achieving the outcomes of net zero, racial and gender equality or eradicating modern slavery are challenges that our industry will play a central role in resolving but cannot achieve alone,” Lamborn said.
“This is precisely why we’ve appointed council members from backgrounds and perspectives outside of institutional investment. A true collaboration of both experts in sustainability and influencers in investing is the most impactful way we can achieve necessary change.”
Grogan commented: “More and more, investors are able to hold their portfolio companies accountable, to cut through the greenwashing and to affect change – a change which also results in increased financial durability and resilience in those same portfolio companies. I am delighted to be part of the JSAC and look forward to working closely with all council members to help JANA drive change and generate impactful sustainability insights for JANA clients”.
The Council’s quarterly meetings, which commenced in August 2022, would be chaired by Rachel Halpern, head of sustainability at JANA.
