Jupiter swipes sustainability boss from HSBC AM

Sandra Carlisle was formerly head of responsible investment at Newton IM

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Jupiter has poached Sandra Carlisle from HSBC Asset Management to lead the group’s sustainability push.

Joining as head of sustainability, Carlisle (pictured right) will lead the fund group’s newly created corporate sustainability function. The team will be responsible for implementing Jupiter’s sustainability strategy across its corporate and investment activities, including driving external engagement with clients, supporting best practice outcomes and developing new targets to support the company strategy.

Carlisle will be supported by a new corporate sustainability manager who has yet to be appointed.

Jupiter CEO Andrew Formica (pictured) said Carlisle’s appointment “signals our desire to continue to build and deliver a competitive and compelling offering in this crucially important area”.

He described Jupiter as a “pioneer” in the responsible investment space with a 34-year track record of “engaged and effective stewardship”.

Last year, it was one of several fund groups to commit to achieving net zero emissions by 2050 across its full range of investments and operations, and it has signed up to several initiatives including the UN Principles for Responsible Investment (UN PRI), Carbon Disclosure Project and Climate Action +100.

But compared to rivals, it has a slimmer offering of dedicated ESG funds, with three unit trusts, including the £701.6m Ecology fund, five Sicavs and the £53m Jupiter Green Investment trust.

Carlisle has spent over half of her three decade long career in the ESG realm, including a three year stint on the board of the UN Principles for Responsible Investment (UN PRI).

Since 2017 she has served as the global ESG lead for HSBC AM’s institutional business where she spearheaded the launch of several ESG and impact funds and chaired the firm’s climate business council between 2018 and 2020. Prior to this she was head of responsible investment at Newton Investment Management.

See also: Jupiter halves stake in controversial fast fashion retailer Boohoo

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