Grantham, Mayo, Van Otterloo LLC (GMO), a global investment manager, is pleased to announce that Deborah Ng has joined the firm as Head of ESG & Sustainability.
In this role, Ng will be responsible for leading and accelerating the firm’s ESG and sustainability-related initiatives. Specific areas of focus will include working closely with the firm’s investment teams as they conduct innovative research and further integrate material ESG factors into their processes; partnering with members of GMO’s Investment Stewardship Group to expand issuer engagement activities; and advancing the firm’s own sustainability goals.
“Stewardship has always been an important part of GMO’s DNA. I strongly believe that how we incorporate ESG and sustainability is integral in generating outstanding investment results, effectively serving our clients and their missions, and helping build a more resilient and sustainable planet. We are delighted to welcome Deborah to the firm to lead us in these efforts. Her experience will be immensely valuable to GMO and our clients” said Chief Executive Officer Scott Hayward.
“This is an exciting time to join a leading investment firm like GMO with so many individuals that are passionate about contributing to the firm’s ESG and sustainability efforts. I look forward to partnering with all areas of the firm to drive these initiatives forward,” said Ng.
Ng joins GMO from Ontario Teachers’ Pension Plan, where she was most recently the Head of Responsible Investing, directing the plan’s responsible investing strategy and climate change initiatives. She currently sits on the Investment Committee of the United Church Pension Plan and is a past board member of the Global Real Estate Sustainability Benchmark (GRESB BV).
GMO is committed to continuing to expand its ESG and sustainability expertise and furthering the pioneering work Co-Founder Jeremy Grantham has conducted on these priorities. Investment solutions like the GMO Climate Change Strategy, launched in 2017, build on Grantham’s extensive research on climate change. In 2021 GMO published its inaugural Sustainability and Responsible Investing Report, detailing how the firm is applying its core values to today’s myriad challenges.