Chart of the week: Pay inequality is ballooning
Engagement is part of the solution
Our society faces massive challenges — dwindling natural resources, climate change, ballooning inequality of pay, just to name a few — and increasingly people are demanding change. We believe investing in firms with a solid purpose can deliver benefits to society as well as maximising returns to shareholders. Responsible capitalism is a massive opportunity for companies that can find sustainable solutions to our environmental conundrums, address inequality and offer sustainable products to customers that vote with their wallets. And this is no niche market; The Business and Sustainable Development Commission estimates that achieving the UN Sustainable Development Goals will create at least US$12 trillion in market opportunities. Read more about the engagement work we’re doing in our latest ‘Corporate governance and stewardship activities 2019’ interim report, and on executive pay in particular.