Podcast appearances and mentions of rakhi kumar

In this episode of ESG Insider we're talking with one of the largest U.S. property and casualty insurers, Liberty Mutual Insurance, about how the company is integrating climate change risk into its investment decisions and underwriting practices.   We interview Rakhi Kumar, Senior Vice President for Sustainability Solutions and Business Integration at Liberty Mutual Insurance, about a recent climate transition scenario analysis by the insurer.  "As much as we may want to go faster, we have to recognize that there are realities that need to happen," says Rakhi.   The analysis found that the lack of a coordinated global policy approach among countries presents the most immediate and greatest source of climate transition risk to companies.  Listen to the ESG Insider episode from the S&P Global Sustainable1 Summit in New York here.    Listen to the episode where we talk with MunichRe about the insurer's approach to natural disasters here.   Listen to our episode featuring Manulife's Global Chief Sustainability Officer here. We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).  Photo credit: Getty Images  DISCLAIMER  By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.   S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.

Tom Fox chats with Senior Managing Director of State Street Global Advisors, Rakhi Kumar, about some of her company’s initiatives to make Environmental, Social and Governance (ESG) more approachable for business leaders. Building For The Future Rakhi says that risk keeps evolving and that ESG is a new type of risk. ESG issues tend to be seen as intangibles and nonfinancial. However, they create long term value for the company if managed correctly. She says that State Street’s mission is to invest responsibly to enable economic prosperity and social progress. This means they manage for the long term, which is why social issues inform their strategy. “From a fiduciary perspective what we keep focus on is financial materiality and research informing our decisions ... to ensure we're focused on value creation,” Rakhi notes. “ESG is an opportunity to build for the future and create long term value.” Improving ESG Reporting Tom comments that State Street’s research found that less than 25% of companies they evaluated had identified, incorporated and disclosed material ESG issues into their strategy. He asks Rakhi how her company is helping to improve this. She shares State Street’s stewardship initiatives to highlight ESG in the boardroom. In addition, they are raising awareness about the need for standardization across the market. She describes the R-Factor tool which provides a framework to measure “the performance of a company's business operations and governance as it relates to financially material ESG issues facing our company's industry.”  Holding Companies Accountable Rakhi says that her company will use its proxy voting power to get companies to improve their ESG performance. You can go to State Street’s website to apply for your company’s ESG score, as well as how you rank in relation to other companies.  Resources R-Factor Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode, CII Deputy Director Amy Borrus interviews Rakhi Kumar, senior managing director and head of ESG investments at State Street Global Advisors, on R-Factor, a new trademarked ESG scoring system that State Street has developed to inform its proxy voting and engagements with portfolio companies.

The clear, undeniable impacts of climate change is forcing investors to consider the economic impacts of climate change within their portfolios. State Street’s head of ESG Investments, Rakhi Kumar, takes us through the three pillars of developing strategy for managing climate risk.

I recently had the chance to visit with Rakhi Kumar, Senior Managing Director, Head of ESG Investments and Asset Stewardship, at State Street Global Advisors. We discussed the firm’s recent initiative around corporate culture and Board of Director engagement on this issue. State Street Global Advisors recently released a Letter from its President and Chief Executive Officer, Cyrus Taraporevala, in which he called upon corporate Boards to place a greater emphasis on corporate culture, which State Street Global Advisors says is a top asset stewardship engagement priority for the asset manager in 2019. But more than simply laying out the problem around Board’s assessing and monitoring corporate culture, State Street Global Advisors laid out a Framework for Boards to do so with their recently released Aligning Corporate Culture with Long-Term Strategy. We considered this and much more in this podcast. Some of the highlights include: Why should corporations align culture with long term strategy;What is corporate culture? Why is there growing regulatory and investor interest in corporate culture?What is the Board’s role in assessing and monitoring corporate culture?What is a Framework for doing so? For additional reading on my interview with Rakhi Kumar and State Street Global Advisor’sFramework for Aligning Corporate Culture with Long-Term Strategy, see the White Paper, Boards and Corporate Culture: SSGA Frameworkavailable through Corporate Compliance Insights.  Learn more about your ad choices. Visit megaphone.fm/adchoices

I recently had the chance to visit with Rakhi Kumar, Senior Managing Director, Head of ESG Investments and Asset Stewardship, at State Street Global Advisors. We discussed the firm’s recent initiative around corporate culture and Board of Director engagement on this issue. State Street Global Advisors recently released a Letter from its President and Chief Executive Officer, Cyrus Taraporevala, in which he called upon corporate Boards to place a greater emphasis on corporate culture, which State Street Global Advisors says is a top asset stewardship engagement priority for the asset manager in 2019. But more than simply laying out the problem around Board’s assessing and monitoring corporate culture, State Street Global Advisors laid out a Framework for Boards to do so with their recently released Aligning Corporate Culture with Long-Term Strategy. We considered this and much more in this podcast. Some of the highlights include: Why should corporations align culture with long term strategy;What is corporate culture? Why is there growing regulatory and investor interest in corporate culture?What is the Board’s role in assessing and monitoring corporate culture?What is a Framework for doing so? For additional reading on my interview with Rakhi Kumar and State Street Global Advisor’sFramework for Aligning Corporate Culture with Long-Term Strategy, see the White Paper, Boards and Corporate Culture: SSGA Framework available through Corporate Compliance Insights.  Learn more about your ad choices. Visit megaphone.fm/adchoices

The interviews: Rakhi Kumar, State Street Global Advisors’ head of ESG investments; Libby Bernick, Trucost managing director; Mindy Lubber, CEO and president of Ceres. The backstory: Progress on corporate disclosures. A looming talent shortage. Climate change mitigation. These are among the top trends that sustainability experts predict will shape the ESG landscape in 2019. In the inaugural episode of ESG Insider, a new podcast from S&P Global, co-hosts Esther Whieldon and Lindsey White speak to several ESG leaders about the key themes they are watching this year, including Rakhi Kumar, State Street Global Advisors’ head of ESG investments and asset stewardship, Mindy Lubber, CEO and president of Ceres, and Libby Bernick, Trucost managing director and global head of corporate business. Lindsey White is a financial news editor with S&P Global Market Intelligence. Esther Whieldon is a sustainability & climate news reporter, also with Market Intelligence. (Photo: AP)

In this episode I visit again with Rakhi Kumar, the Managing Director, Head of ESG and Asset Stewardship at State Street Global Advisors. We discuss the firm’s role in advocating for greater Board of Director Diversity. With a campaign which began with the ‘Fearless Girl” statue in Wall Street, to pushing companies in the US, UK, England, Canada and Japan to include more female candidates at the Board of Director level. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode I visit again with Rakhi Kumar, the Managing Director, Head of ESG and Asset Stewardship at State Street Global Advisors. We discuss the firm’s role in advocating for greater Board of Director Diversity. With a campaign which began with the ‘Fearless Girl” statue in Wall Street, to pushing companies in the US, UK, England, Canada and Japan to include more female candidates at the Board of Director level. Learn more about your ad choices. Visit megaphone.fm/adchoices