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The ESG Report

The ESG Report – Trysha Daskam on the Rise of ESG Strategies in Investing

Tom Fox hosts the ESG Report podcast. Welcome to The ESG Report! In this episode, host Tom Fox welcomes Trysha Daskam, Managing Director and Head of ESG Strategy at Silver Regulatory Associates, to discuss how fund managers can implement effective ESG strategies. Trysha stresses the importance of having a defensible and consistent ESG program to attract investments from institutional investors. They discuss the consequences of inaccurate reporting and the need for standardization in ESG reporting across different funds. Trysha expresses her expectations for increased allocation of assets to ESG strategies and more regulation to ensure responsible investment. With regulatory guardrails increasing globally, this episode is a must-listen for any investor who cares about sustainable and responsible investments. Don’t miss this fascinating conversation between Tom Fox and Trysha Daskam. Tune in now to The ESG Report!

Key Highlights:

·       Importance of ESG in Investments

·       Challenges of ESG Conversations with Institutional Investors

·       The Importance of Accurate ESG Reporting

·       Establishing ESG reporting standards

·       Data Privacy Regulations in Global Markets

Notable Quotes:

“And so we’re a team or firm, or a company doesn’t have a perspective on how these factors impact their investments, work, operations, etc. It is seen as an oversight and a meaningful oversight of that company manager management team.”

“If you are a manager that hasn’t gone through fundraising in a period of time and you haven’t seen the request list from a placement agent or from entities looking to diligence you, and you’re not aware of the extensive questions that ESG present with respect to those investigations.”

“If I could drive anything home from this conversation would be around encouraging managers to look at their ESG program, to test it, to ask the question, is every line in here defensible? It is outdated if you still need to update your ESG policy since 20 21. The space has grown. The standards have changed. The questions investors are asking have changed. Priorities have shifted.”

“You must do what you say you are doing, and if you cannot do what you say you’re doing, then you must qualify it, and you must qualify it appropriately.”

Resources

Trysha Daskam on LinkedIn

Silver Regulatory Associates

Tom Fox 

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Categories
ESG Compliance Podcast

Unfolding ESG for Private Investments with Trysha Daskam


Thoughtful evaluation – that’s what Trysha Daskam says about what sets apart Silver Regulatory Associates from other investment firms.
Thoughtful evaluation – that’s what Trysha Daskam says about what sets apart Silver Regulatory Associates from other investment firms.
With her strong foundation in compliance and regulatory expertise, Trysha unpacks the fundamentals, trends, and projections of ESG through the lens of private fund managers.
▶️ Unfolding ESG for Private Investments with Trysha Daskam.
Key points discussed in the episode:
(00:34) Trysha Daskam gives a rundown of her professional background as the managing director and head of ESG strategy in Silver Regulatory Associates.
(01:16) The three distinct services that Silver Regulatory Associates provides and the type of clients they’ve been working with since 2018.
(02:09) The unique ways Silver Regulatory Associates helps firms “shine” in the regulated space. Daskam explains how their firm evaluates managerial decisions through the lens of the investment strategy, putting themselves in their clients’ shoes.
(03:42): ESG programs must be treated with the same cautiousness and prudence as other policies. There should be an emphasis on training members to regulate and execute the program efficiently and properly.
(05:37): Having an ESG program is more than just an idea. Daskam describes how she guides investment firms into putting their strategies to fruition with the correct procedures, monitoring practices, and tools.
(07:28) Different industries are starting to realize the importance of ESG rolling out climate–centered projects and transparent DENI statistics. Financial services are pressured to come into the picture. Daskam predicts 2022 as a hallmark year for regulatory momentum among fund managers.
(09:31) The three key areas of focus for private investment managers in 2022.
(12:44) Greenwashing has become the core of regulatory movements. The U.S. Securities and Exchange Commission sees it as “a major risk in the current marketplace.” The urgent call for established standards to prevent misleading investors with deceptive language continues to intensify.
(14:31) Daskam forecasts a standardization of ESG reporting in the DENI and the FCC in 2022 as two prominent organizations have utilized diversity, equity, and inclusion questionnaires.
(15:54) Fierce competition in the investment space regarding managers putting extra effort in ESG programs and joining meaningful organizations to import outwardly on their climate impact.
(18:08) Comparable data is difficult to find in ESG market participants. But standardization progress is projected for 2022 as the International Finance Reporting Standards Board developed the International Sustainability Standards Board.
(22:38) A more sophisticated marketplace among investment firms is taking place as more players enter to take a slice of the pie.
(25:13) The investment space going into the future.
Trysha Daskam is a seasoned sustainability practitioner with an academic background unique to the industry and manages ESG strategy for investment firms, including the development and implementation of ESG policies, procedures, and internal reporting processes and conducting and overseeing ESG due diligence. Expert in policy writing and implementing regulatory controls, Trysha specializes in interpreting the impact of global regulation on a firm’s ESG program.
Connect: tdaskam@silverreg.com
 
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