We promote acceptance and implementation of the PRI through collaborative industry-wide initiatives that aim to increase awareness, understanding and disclosure. Examples include the following:
In September 2015, along with Boston Common Asset Management, Neuberger Berman hosted a discussion on climate change issues including carbon asset risk, carbon pricing and methane regulation. Apache Corp, Noble Energy; two independent oil and gas exploration and production companies; and BHP Billiton, a mining and diversified natural resource company, presented and provided valuable insights. The session was well attended and included internal as well as external investors and research analysts.
ESG and EMD
In April 2015, Jennifer Gorgoll, senior member of our EMD team served as a panelist at the PRI Fixed Income Event at the Federal Reserve Bank of Boston—speaking to RI strategies and investment products in fixed income. In March 2016, Kaan Nazli, Senior Economist, Neuberger Berman Emerging Market Debt team presented in PRI ESG in Sovereign Bonds Webinar along with broker DZ Bank on their ESG integration approach for sovereign bonds.
Divestment vs. Engagement
In March 2015, Neuberger Berman hosted a PRI event featuring the PRI Board and Council members discussing the Divestment vs. Engagement debate and its role in the transition to a low carbon economy. Event was well attended by 80+ asset owners, asset managers and others interested in this dialogue.
Federal Methane Policy
In February 2015, Neuberger Berman hosted a panel presentation with leading environmental policy experts to better understand what the upcoming federal methane policy could mean for the U.S. oil and gas industry and its investors. The panel included speakers from the Environmental Defense Fund (EDF), ICF International and Carbon Disclosure Project (CDP). Neuberger Berman SRI Portfolio Manager, Ingrid Dyott, moderated the panel. The diverse audience included internal as well as external investors and research analysts.
We periodically host CIO roundtables for clients, peers and industry experts interested in furthering dialogue and sharing perspectives on timely and critical ESG topics and related policies. Recent events include: Divestment Roundtable (March 2015) and Geopolitical Challenges and Investment Implications (Feb 2015).
The firm is an advocate for greater disclosure of information to investors through our participation as a member of the Carbon Disclosure Project, the CDP Water Disclosure Project and the Forest Footprint Disclosure Project.
Neuberger Berman has been a long-time sponsor of the biennial report on Sustainable and Responsible Investing Trends in the U.S., a US SIF publication, and has been a member of US SIF since 1989. Neuberger Berman has also been a long-time sponsor of the Moskowitz Prize for Socially Responsible Investing, the only global award that recognizes outstanding quantitative research in socially responsible investing.
As part of our commitment as a signatory, the firm reports on our ESG activities to the PRI on a comprehensive basis each year.