The Investor Leadership Network (ILN) announced today that State Street Global Advisors has officially joined the collaborative group of global institutional investors, effective immediately.
State Street Global Advisors brings $3.9 trillion of net assets under management to the ILN’s collective $9 trillion, as well as demonstrated experience in innovative sustainable investing strategies. State Street Global Advisors has a long history of Environmental, Social and Governance (ESG) investing, based on the understanding that material ESG factors play a substantial role in long-term value creation. The firm’s robust asset stewardship program sets the tone for investor-led sustainable action, placing them in good company among the ILN’s long-term-growth-oriented membership.
“ILN’s focus on driving impact and action on climate and diversity aligns with State Street’s long-standing commitment to building a more sustainable and inclusive future,” said Cyrus Taraporevala, President and CEO of State Street Global Advisors. “We look forward to collaborating with our fellow members to bring our industry forward and connect research to create measurable outcomes.”
Amy Hepburn, CEO of the Investor Leadership Network Secretariat, said, “We are pleased to welcome State Street Global Advisors to the ILN and to gain their strong expertise in our three pillars: climate change, sustainable infrastructure, and diversity, equity and inclusion. State Street Global Advisors is an exciting value add to our already powerful network of investment managers, and we are thrilled to have their commitment to accelerating investor action toward a sustainable economy.”