Have sustainability changes in the investment world been client-driven?

Highlights from the Asset Manager-Asset Owner debate during Ethical Finance 2019. Moderator Catherine Howarth of ShareAction asks asset owners Kaisie Rayner of Scottish Widows and Colin Baines of Friends Provident Foundation and asset managers Peter Rutter of Royal London and Craig Bonthron of Kames Capital who is driving the recent changes seen in the industry.


Ethical Finance 2019 (EF2019) was organised by the Global Ethical Finance Initiative (GEFI) which oversees, organises and coordinates a series of programmes to promote finance for positive change.

With the Bank of England recognising climate change as a core financial risk, the proliferation of the UN SDGs and the ongoing dichotomy for asset managers wrestling with the social impact versus economic return conundrum; the financial system is undergoing material transformational challenge.

Together with UNDP and the Scottish Government, GEFI brought 350 of the world’s foremost business, political, civic and social leaders to Edinburgh on the 8th & 9th of October 2019 to network, share, co-develop and shape a fairer, more sustainable financial system capable of delivering positive change.