In this twelfth episode of Kidbrooke’s insights podcast, Zalia Gindullina, Head of Business Development, and marketing expert Natalie Burke, welcome Celina Borg from Wellfish, a sustainability adviser based in Stockholm. The conversation dives deep into sustainability reporting’s evolution, impact, and future trends in wealth and investment management.
They discuss the challenges of sustainability data in the past, elaborate on the Corporate Sustainability Reporting Directive (CSRD), and consider the significance of sustainability reporting in effecting tangible change in the business environment. The conversation evolves to encompass technology, specifically how Wellfish aids enterprises in automating sustainability reporting using financial reporting.
The dialogue continues on wealth and investment managers’ approach to sustainability, incorporating factors into investment decisions and adapting economic scenario generators to reflect climate change's impact on economies.
Celina underscores collaborations with accounting firms, enhancing the value of Wellfish’s deliverables, as well as complexities of assessing sustainability performance, highlighting the challenges in balancing bottom-up and top-down analysis to prevent greenwashing.
The blend of experiences, insights, and future prospects in sustainability reporting showcases its growing significance in reshaping the wealth and investment management landscape.
