Accelerating Impact

In response to a growing demand for practical, actionable information, HWW has undertaken a dramatic expansion of our work. We have organized four workstreams anchored around four central themes:

Climate Change & Climate Justice Gender, Diversity & Inclusion
Place Based Investing Portfolio Construction

Each workstream will curate a series of virtual events. Like our symposium, these smaller, more intimate, conversations will be highly curated to offer the highest value, synergy and networking among participants.

Climate Change and Climate Justice

Transitioning to a just, clean energy

In this workstream we will review the state of the current investment landscape, including stranded asset risk and fossil fuel infrastructure and consider the economic impact of energy markets on the clean energy transition. We will identify investment opportunities using the project drawdown framework and explore how to achieve a profitable and just transition to a green economy. We will explore the new models of capital and investment that are helping enrich and empower poor and disenfranchised communities.

Gender, Diversity and Inclusion

Investing in the power of difference

Studies show that diverse teams and businesses outperform, yet investors and businesses still struggle to achieve diversity. We will feature case studies and discuss successful diversity solutions as well as investment strategies that see investment in women and underrepresented minorities as a source of alpha and differentiated returns and discuss the value of diversity in different businesses, and in technology and innovation. What steps can investors take to better address the pipeline problem? What effective strategies will help identify and promote diverse talent?

Place Based Investing

These workstream sessions will highlight the innovative developments and leadership happening in place-based investing. Issues will include: smart cities, the urban grid, manufacturing and job creation, sustainable development, affordable housing, community engagement, public policy, indigenous communities, measurement, infrastructure, health, job creation, and regenerative agriculture.

Impact Investment Portfolio Construction

Effective impact investment approaches across the entire portfolio. From program related investment to profit seeking public and private capital. Impact investment is investing, and the most successful approaches look not only at outcomes but the process and structure by which they are achieved. If impact investment is going to be successful in allocating capital to the areas of greatest need, it needs to insure that the entire investment portfolio is activated. All investments are impact investments.

Completed Workstream Sessions

Climate Change and Climate Justice

Transitioning to a just, clean energy

  • July 8, 2020Stranded assets, carbon lock-in and the clean energy transition

    What is the current state of fossil fuel infrastructure and scope of ‘stranded asset’ risk? How are investors tackling stranded asset risk in their portfolios? We will explore how investors should interpret the vast market corrections caused by the climate crisis, and how they should face these impending liabilities in their portfolios.

    Tracey Cameron, Ceres
    Maria Garrahan, MA Pension Reserve Investment Mgmt Board
    Bob Litterman, Kepos Capital
    David Wood, Harvard Kennedy School
    Moderated by: Imogen Rose-Smith

  • Sept 22, 2020Energy markets and the renewable economy

    Structural shifts in the energy sector have drastic impacts on its current infrastructure, revenue models and consumer markets. How will this shake up in energy markets impact the renewable energy transition? We will examine these economic shifts and what it means for asset owners, managers and fiduciaries.

    Rob Day, Spring Lane Capital
    Amy Jaffe, Council on Foreign Relations
    Kathleen Kelley, Queen Anne’s Gate Capital
    Albert Lee, University of California
    Michelle Levinson, The Cadmus Group
    Moderated by: Imogen Rose-Smith

  • Oct 21, 2020Technology disruptions in sustainability: trillions at risk, trillions to be made

    Technology innovation is a major part of how countries around the world are going to be able to halt and reverse the impacts of climate change, and lower greenhouse gas emissions. The development and adoption of technologies is likely to accelerate the rate at which countries and industries lower their dependence on fossil fuels. Stranded asset risk associated with carbon could be greater than many models predict. Are capital markets underestimating the adoption and impact of disruptive technologies in areas such as renewables and transportation? How can investors best anticipate and prepare for, and profit from, innovative disruption?

    Nick Gogerty, Carbon Finance Labs
    Liqian Ma, Cambridge Associates
    Christina Lampe-Onnerud, Cadenza Innovation
    Ally Yost, The Engine
    Moderated by: Caroline Abramo, Pana LCE

Gender, Diversity and Inclusion

Investing in the power of difference

  • July 17, 2020Gender, diversity lens investing

    Gender lens investing has been gaining traction among institutional investors, with a growing number of pathways into public and private markets, such as gender bonds and funds. In this session, we will explore various ways to use a ‘gender lens’, from investing in diverse managers to solutions that bring capital to diverse and underserved populations. We will review the following:

    • Ways to leverage the existing stakeholder model to ensure meaningful focus on gender perspectives.
    • Explore the variety of tools accessible to investors in the wake of the pandemic and ways to measure the impact of these approaches.
    • Identify the different ways gender lens investing is democratizing.
    • Investigate ways decision makers can direct the investment or solution to ensure equal access to capital for women.

    Catherine Banat, RBC Global Asset Management
    Suzanne Biegel, GenderSmart
    Jo Ann Corkran
    Heran Getachew, Illumen Capital
    Moderated by: Anna Snider, Bank of America

  • Nov 5, 2020Diversity and innovation

    How does difference drive productivity and change? In this session we will explore investment solutions that have dedicated lenses, how funds and portfolios are moving the needle on gender and inclusivity, ways to integrate criteria into analysis/selection and engage in shareholder advocacy and policy work, opportunities for innovation, incentive structures to improve performance and more.

    Cat Berman, CNote
    Nidhi Chadda‎, Enzo Advisors
    Nicole Douillet, Alti
    Kristin Hull, Nia Impact Capital
    Lorine Pendleton, Portfolia
    Moderated by: Kristin Hull, Nia Impact Capital

  • Jan 2021Emerging managers: delivering a diverse economy

    A. Jabbar Abdi, Sidereal Capital Group
    Caroline Abramo, Pana LCE
    Chris Ito, FFI Advisors
    Katie Palencsar, Anthemis
    Nasir Qadree, Zeal Capital Partners
    Moderated by: Susan Webb, Appomattox Advisory

Impact Investment Portfolio Construction

  • Aug 5, 2020Aligning mission and returns

    In this session we will review methods of embedding impact across the entire portfolio. We will examine the impacts of COVID on alternative assets: How has asset allocation changed? What are the new challenges and solutions, across different investment and geographic markets? What are some of the headwinds if the crisis extends? We will also consider whether or not indexing is living up to the promise of being both a solution and a problem for impact investment? With the loosely defined criteria in many ESG indices, how can we resolve the widespread concern of greenwashing?

    Robert Boogard, PCG Investments
    JoAnn Hanson, Church Investment Group
    Patience Marime-Ball, Women of the World Endowment
    Ruth Shaber, M.D., Tara Health Foundation
    Betty T. Yee, California State Controller
    Moderated by: Drianne Benner, Appomattox Advisory

  • Nov 19, 2020The fixed income portfolio: integrating environmental, social and governance (ESG)

    Growing interest in ESG and sustainability factors is driving demand for a broad range of fixed income/credit investments, from the simplest long only strategies to structured credit portfolios. How are ESG factors /impact considerations being incorporated into mainstream fixed income/credit mandates? How big is the universe of relevant strategies and what are the sub-strategies for an asset allocator? How does one evaluate and assess the material impact on the portfolio and its performance? What are some of the challenges around scaling up the green and social bond, loan and securitization markets?

    Rachel Betton, PIMCO
    Tamara Larsen, Agility
    Barbara McKenna, Longfellow Investment Management
    Tess Virmani, LSTA
    Moderated by: Kim Leslie Shafer, Aeris

  • Feb 25, 2021Constructing an ESG aligned public equities portfolio

    Equity allocations are generally the largest portion of a portfolio. How are investors putting together their portfolios to either tilt to a theme, incorporate exclusions, or add environmental and social factors? What frameworks are used? Are fiduciaries able to allocate across both large and small portfolios to take these considerations into account? Do these considerations make a material impact on the portfolio in terms of meeting risk and return and intentional ESG and impact goals? Are they measurable?

    Bill Davis, Stance Capital
    Sarah Edwards, Cambridge Associates
    D. Guillaume Mascotto, American Century Investments
    Bhakti Mirchandani, Trinity Church Wall Street
    Moderated by: Moya Connelly

  • Mar 2, 2021ESG measurement: models for implementation 

    There are many ways to construct portfolios to meet risk and return guidelines. How are investors measuring and assessing the managers that they pick? How is this measured and scaled to show that these portfolios are meeting ESG best practices? How do some of these choices get incorporated into legal documents and who assesses their adherence? Investors and practitioners will share their approaches to assessing and measuring ESG within their portfolios and provide guidance on which tools they leverage for this analysis

    Kate Ahern, Cartica
    Ryan Folscroft, PwC
    Elena Philipova, Refinitiv
    Betsy Popken, Orrick, Herrington & Sutcliffe
    Moderated by: Amy Patel, Elevar Equity