About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

ACA Compliance Group Launches New Global ESG Practice

Subscribe to our newsletter

ACA Compliance Group (ACA) today launched a specialist global environmental, social, and governance (ESG) advisory practice, headed up by Dan Mistler, who joins ACA from ESG and environment firm, Bridge House Advisors.

Sustainability and responsible investing increasingly appear on the agendas of global political leaders, regulators, and firms alike. According to President-elect Joe Biden, the U.S. will hold a world climate summit within the first 100 days of his presidency and the SEC has already begun to turn its attention to ESG-focused strategies, taking a “particular interest” in these strategies as part of their 2020 OCIE priorities. Meanwhile in Europe, the Sustainable Finance Disclosure Regulation (SFDR) comes into play on March 10, 2021, imposing new manager and product-level disclosure obligations related to ESG and sustainability.

Data from Morningstar shows that ESG investments funds hit $80.5 billion in the third quarter of 2020, pushing the total invested in these funds to over $1 trillion. According to a recent ACA survey, almost two-thirds (63.5%) of respondents feel increased pressure from allocators on ESG and impact issues. And the coronavirus pandemic has seen the ESG sector grow steadily, with more and more investors turning to sustainable business models in the hope that they are better able to endure market shocks.

The new ACA team will provide ESG advisory services to support the sustainable investment ecosystem. Mistler, who is also founder of ESG specialist advisory firm, ESG Edge, has substantial experience in the sector, and previously led ESG services at multiple other large and boutique consulting firms, including EY and Environmental Resources Management.

“The ESG movement has gained significant momentum in recent years, with an uptick in investors across the board turning to their investment managers to plan out and achieve responsible investment goals,” he says. “Additionally, there is green financial regulation coming through globally, which will further push along what has been developed through organic demand. Our strong heritage of compliance expertise, as well as performance and verification, and cybersecurity, is perfectly placed to support firms with ESG across their entire investment lifecycle.”

Crista DesRochers, a partner at ACA focused on performance and GIPS® compliance verification and member of the CFA Institute ESG Verification Sub-Committee, will join Dan to lead the practice. Dani Williams also joins the team from ACA’s UK regulatory compliance practice to focus on ESG in financial regulation.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Potential and pitfalls of large language models and generative AI apps

Large language models (LLMs) and Generative AI applications are a hot topic in financial services, with vendors offering solutions, financial institutions adopting the technologies, and sceptics questioning their outcomes. That said, they are here to stay, and it may be that early adopters of Generative AI apps could gain not only operational benefits, but also...

BLOG

Regnology, Moody’s Analytics Join Forces for Risk/Reg Reporting Solution

Regnology has teamed with Moody’s Analytics to launch an end-to-end risk and regulatory reporting solution in select global markets. The collaboration brings together Regnology’s expertise in regulatory reporting with Moody’s Analytics’ integrated risk assessment capabilities. The combined solution offers data modelling, best-in-class calculation capabilities, extensive risk coverage and advanced analytics to achieve regulatory reporting excellence...

EVENT

TradingTech Summit London

Now in its 13th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Regulatory Data Handbook 2023 – Eleventh Edition

Welcome to the eleventh edition of A-Team Group’s Regulatory Data Handbook, a popular publication that covers new regulations in capital markets, tracks regulatory change, and provides advice on the data, data management and implementation requirements of more than 30 regulations across UK, European, US and Asia-Pacific capital markets. This edition of the handbook includes new...