Sustainable investment providers in some cases have had to rethink what types of holdings are acceptable — including controversial areas like oil and weapons. The energy crisis that resulted from the war has also put sustainable funds at a disadvantage, and many have underperformed the broader market. Morningstar associate director of sustainability research Alyssa Stankiewicz talks about how fund providers are adjusting to these conditions and how ESG is performing at a difficult time. Plus, Paul and Emile discuss one of the latest developments in an anti-ESG push from Republicans – votes by Congress to undo the Department of Labor’s new rule governing ESG in retirement plans.
Sustainable investment providers in some cases have had to rethink what types of holdings are acceptable — including controversial areas like oil and weapons. The energy crisis that resulted from the war has also put sustainable funds at a disadvantage, and many have underperformed the broader market.
Alyssa Stankiewicz, associate director of sustainability research at Morningstar, talks about how fund providers are adjusting to these conditions and how ESG is performing at a difficult time.
Plus, Paul and Emile discuss one of the latest developments in an anti-ESG push from Republicans — votes by Congress to undo the Department of Labor’s new rule governing the use of ESG in retirement plans.
Guest Bio:
Alyssa Stankiewicz is an associate director for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. She leads environmental, social, and governance research in North America, spearheading efforts on the ESG Commitment Level and publishing reports on the sustainable funds landscape.
Before joining Morningstar in 2019, Stankiewicz completed her Master of Business Administration in sustainable innovation at the University of Vermont, where she and her teammates won the inaugural Total Impact Portfolio Challenge. She also holds bachelor's degrees in Spanish and linguistics from Earlham College.