Vert Asset Management

About

Vert Asset Management is a dedicated ESG fund manager. Founded in 2016 in San Francisco, California, Vert’s mission is shifting capitalism toward sustainability. Vert combines academic ESG research and experienced portfolio managers to deliver investment solutions that seek to achieve investors' two goals of sustainability and market rates of return. 

As a business, Vert pursues a triple-bottom-line approach to business addressing the needs of people, planet and profit. Vert is a Certified B Corp, a signatory to the Principles for Responsible Investing (PRI), and a contributor to 1% for the Planet. Vert is dedicated to advocacy and shareholder activism to drive change.

http://www.vertasset.com/

Petitions






Impact Highlights

We pursue engagement in three ways: 1) operating as sustainable business ourselves, 2) advocating for the advancement of environmental, social, and governance capabilities in the financial services industry, and 3) through active shareholder engagement.

We have three active engagements:

1) Energy Consumption:  Communicate to Real Estate Investment Trusts (REITs) to report year-on-year, comparable energy consumption metrics. Currently, we have communicated to 99 REITs on this particular subject. We are enthusiastic that we received a 30% response rate.

2) TCFD:  Ask REITs to incorporate the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD). TCFD builds on most company's existing disclosure and reporting protocols. TCFD asks companies to consider physical risks and transition risks to assets specifically based on climate change. It requires the company to publicly communicate their management approach, business strategy, business risk, and identify the relevant metrics in managing climate change. Additionally, TCFD challenges companies to model their business strategy taking into account different climate scenarios, including 2*C or lower. We've had direct dialogue with 123 companies; nearly 50% responded to our campaign. We had more in-depth discussions with half of those companies.

3) Science Based Targets:  Request REITs commit to science-based emissions targets. Science-based emission reduction targets (SBT) are informed by climate science to keep world emissions below a 2*C increase in global temperatures set forth in the 2015 Paris Agreement. Private sector companies must act. The science-based targets pertain to all of a company's Scope 1 and 2 emissions and are categorized either as well-below 2°C or 1.5°C. SBT classification does not include Scope 3 targets. Currently, less than 40 publicly-traded REITs have committed to science-based targets. This is a new campaign for Vert.

 

Vert Asset Management LLC is a federally registered investment adviser under the Investment Advisers Act of 1940. Registration as an investment adviser does not imply a certain level of skill or training. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. Vert Asset Management LLC Form ADV can be found at https://adviserinfo.sec.gov.

Neither the information nor any opinion expressed on Your Stake constitutes an offer, or an invitation to make an offer, to buy or sell any securities. The information provided on Your Stake does not constitute a complete description of our investment services or performance. The expressed views and opinions presented on this website are subject to change without notice. Although information contained herein on Your Stake has been obtained from sources believed to be reliable and are accurate to the best of our knowledge, Vert Asset Management LLC cannot and does not guarantee the accuracy, validity, timeliness, or completeness of such information made available to you for any particular purpose. Material presented should not be considered as investment advice or a recommendation of any particular security, strategy, or investment product. Past performance is not indicative of future results. We do not take responsibility for links to third party content. By clicking on external links, you will be leaving Your Stake and you assume total responsibility and risk for your use of the site(s) you are visiting.