• Strengthens firm’s formal commitment to ESG
  •  Adds to existing environmental commitments including to Principles for Responsible Investment (PRI) and Climate Action 100+

 

FOSTER CITY, Calif. – March 15, 2022 – Bailard, Inc., an independent, values-driven wealth and asset management firm in the San Francisco Bay Area, is pleased to announce that it has furthered its commitment to mitigating climate change risk in its portfolio and driving corporate climate disclosure by becoming an investor signatory to CDP (formerly known as the Carbon Disclosure Project), the non-profit that runs the global environmental disclosure system.

As an investor signatory, Bailard joins a group of 680+ financial institutions, with over $130 trillion in assets, requesting disclosures using CDP’s climate change, deforestation, and water security questionnaires, which are fully aligned with the recommendations issued by the Task Force on Climate-related Financial Disclosures (TCFD). Additionally, the membership affords Bailard access to the most up-to-date research from the world’s largest corporate environmental dataset, which it will use to inform its investment process and its corporate engagement activities. Last year, over 3,100 public companies reported environmental data to investors through CDP’s disclosure system.

Bailard is already a signatory to the Principles for Responsible Investment (PRI) and the Climate Action 100+. With this CDP signature, Bailard builds upon its formal commitment to Environmental, Social, and Governance (ESG).

“Companies differ drastically on carbon performance, climate goals, and the disclosure of related information. To reach alignment with the Paris Accords and achieve net-zero, we need climate change-informed investment decision-making, backed by accurate carbon emissions disclosure from all economic players,” said Blaine Townsend, CIMC®, CIMA®, Executive Vice President and Director of Sustainable, Responsible and Impact Investing at Bailard.

Townsend continued, “CDP is driving transparency, accountability, and action through the carbon data it gathers from thousands of companies, cities, states, and regions around the world. Bailard is committed to being a climate leader through our investment approach, our corporate engagement, and our client engagement in support of carbon disclosure and climate action.”

“Our signature to the CDP reflects our dedication to ensuring we are functioning as a good actor in our industry,” said Sonya Mughal, CFA, CEO of Bailard. “We are a company committed to our values—on behalf of the individuals, families, and institutions we serve, as well as with respect to our own corporate engagement.”

 

About Bailard, Inc.
Founded in 1969, Bailard is an independent asset and wealth management firm serving individuals, families, and institutions alike. Bailard has built a long‐term asset management track record across domestic and international equities, fixed income, and private real estate, as well as robust, in‐house ESG expertise. These investment capabilities are combined with financial, tax, and estate planning to provide sophisticated and comprehensive wealth management. Through it all—and in line with its core principles and strong ESG mindset—Bailard works with clients to align their financial goals with their values.

With over $5.5 billion under management, Bailard is a majority employee‐owned and women‐led firm, and a Principles of Responsible Investing (PRI) signatory. A values‐driven firm based in the San Francisco Bay Area, Bailard has its own private charitable foundation and is deeply committed to its core values of accountability, compassion, courage, excellence, fairness, and independence.

All information as of 12/31/2021. Neither Bailard nor any employee of Bailard can give tax or legal advice. Please consult your tax or legal professional for such advice.

 

About CDP
CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 680 investors with over $130 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Over 14,000 organizations around the world disclosed data through CDP in 2021, including more than 13,000 companies, worth over 64% of global market capitalization, and over 1,100 cities, states and regions. Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy. CDP is a founding member of the Science Based Targets initiative, We Mean Business Coalition, The Investor Agenda and the Net Zero Asset Managers initiative. Visit cdp.net or follow us @CDP to find out more.