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.

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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.”

Source: Bailard, Inc.