Dr. Matthew Kiernan argues that sustainable investment is not only possible, but that it is essential to the global response to climate change. But only if we invest “as if the future mattered”…For download and transcript versions of this lecture, please visit the full conference's page on the Gresham College website: Into the Folly of Value: Reforming Sustainable Finance."
Dr. Matthew Kiernan
Dr. Kiernan is Founder and Chief Executive of
Innovest Strategic Value Advisors, Inc., an internationally recognised
investment research and advisory firm. Innovest specialises in analyzing
companies' performance on "non-traditional" risk factors, including
environmental social, and strategic governance issues. The focus is on their
impact on competitiveness, profitability, and share price performance.
clients include several of the leading institutional investors in North
America, Europe, and Asia Pacific, and its largest outside investor is APG, the
largest pension fund in Europe and second-largest in the world. Innovest has
been rated the #1 firm in the world in its field in both 2006 and 2007 by the
Thomson Extel survey of over 180 global institutional investors, with combined
assets of over $2 trillion.
to founding Innovest, Dr. Kiernan had served as Director of the World Business
Council for Sustainable Development in Geneva.
The Group served as Principal Business and Industry Advisor to the Secretary
General of the U.N. Earth Summit in Rio
de Janeiro in 1992, and Dr. Kiernan chaired the
group's capital markets task force. Prior to that he had served as a
senior partner in the strategy consultancy at KPMG, one of the world's largest
business advisory firms. Dr. Kiernan has also lectured on environmental finance
in executive programs at the WhartonSchool, ColumbiaBusinessSchool,
StanfordBusinessSchool, and OxfordUniversity. Dr.
Kiernan holds advanced degrees in political science and environmental studies,
as well as a Ph.D. in strategic management from the University of London.
He has published over thirty articles and book chapters on the impact of
environmental and other "non-traditional" factors on companies' competitiveness
and financial performance. His first book,The 11 Commandments of 21stCentury Management, published by Prentice Hall, has been
translated into eight languages. Dr. Kiernan is a frequent speaker at
international investment conferences, and recently addressed the World Economic
Forum in Davos, Switzerland. In 2007, he received a
special executive award from the UN Environment Program's Finance Initiative
for innovation and leadership in the emerging field of carbon finance.
book,Investing in a Sustainable World, was published in the fall
of 2008.Dr. Kiernan is Founder and Chief Executive of Innovest Strategic Value
Advisors, Inc., an internationally recognised investment research and advisory
firm. Innovest specialises in analysing companies performance on "non-traditional" risk factors, including environmental social, and strategic governance
issues. The focus is on their impact on competitiveness, profitability, and
share price performance.