Integrating ESG Considerations into Securities Lending: Providing a View of the ESG Data Landscape and Proposing Best Practices

Almost 50 years ago, two anti-war United Methodist ministers wanted to ensure that church dollars were not being invested in companies that were supporting the Vietnam War with production of weapons like Napalm. They eventually founded Pax World, perhaps the world’s first fund with an explicit goal of helping investors align capital allocation with their social values. While the mutual fund Pax Sustainable Allocation Fund still exists today, it is now joined by hundreds of other sustainabl…