Ref. Ares(2019)4062224 - 26/06/2019
Between BlackRock (BLK) and Elina Melngaile, FISMA Member of Cabinet on the 1st of March, 2018
Fund managers have ability to assess the ESG criteria, but funds are operating on different time
horizons. So it should be outcomes based approach. Corporate governance; standard that can come
across different asset managers. Stewardship policy.
Investment processes are different. Data from issuers. End investors transparency.
Sustainability metrix/ taxonomy. Brown sector to become less brown
On retail: on the data point – transparency of funds, and there is a need to create a score for it.