NEWARK, NJ–(BUSINESS WIRE)–PGIM, the $1.5 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU), continues and deepens its focus on environmental, social and governance (ESG) investing with the appointment of Eugenia Unanyants-Jackson to the newly created role of Global Head of ESG on February 1, 2022. Based in London and Reporting to PGIM’s Chief Operating Officer, Taimur Hyat, Unanyants-Jackson will be responsible for developing and coordinating ESG strategy and approach within PGIM, including chairing PGIM’s ESG Board and working with customers, consultants, regulators and industry associations.
Having joined PGIM Fixed Income in 2020 as the firm’s first Head of ESG Research, Unanyants-Jackson was recently tasked with continuing to integrate ESG considerations into all aspects of the fixed income investment process, analyzing risk and ESG opportunities and to assess negative or positive potentials. environmental and social impacts. During her tenure at PGIM Fixed Income, Unanyants-Jackson led the development of ESG Impact Ratings, a proprietary tool to help clients invest based on their ESG preferences. She also oversaw the first publication of PGIM Fixed Income’s ESG Annual Report detailing the ESG rating framework and helping to ensure that clients understand the company’s ESG approach across all portfolios.
“PGIM’s multi-manager model enables each company to optimally integrate ESG considerations for their specific asset class and investment style. However, given the critical importance of ESG to our clients, we want to invest in enhancing our ESG expertise, research, analytical capabilities and leadership within PGIM,” Hyat said. “With over a decade and a half of specialist expertise in sustainable investing and ESG, Eugenia brings not only an incredible breadth of knowledge, but also true leadership to the investment management industry as we driving new ways of thinking about ESG analysis, integration and engagement.”
PGIM has a long experience in ESG integration and sustainable investing. For example, PGIM’s core equity and fixed income businesses have actively integrated ESG factors into investment research and decision-making, analyzing ESG risks and opportunities taking into account the impacts potential negatives or positives on the value of investments. PGIM’s activities have also responded to strong and growing client demand to integrate environmental and social sustainability considerations, as well as the environmental and social impact of investments, into investment research and supply. of PGIM products. PGIM’s real estate investment and finance business, PGIM Real Estate, has invested more than $5 billion in affordable housing and transformative development properties. PGIM Fixed Income has developed an ESG impact assessment framework and launched dedicated ESG strategies for institutional and retail clients, while PGIM’s private credit business, PGIM Private Capital, has actively invested in energy renewable over the past 15 years.
“Given the global scale and footprint of PGIM, we have immense potential to positively impact and address many of today’s ESG challenges,” Unanyants-Jackson said. “I am excited to have the opportunity to advance PGIM’s ESG strategy and leverage our existing and, in some cases, longstanding ESG capabilities to help our investors achieve their sustainability goals in coordination with each of PGIM’s activities.”
Building on the foundations laid by Unanyants-Jackson, PGIM Fixed Income has appointed John Ploeg and Armelle de Vienne as co-heads of ESG research, reporting to Richard Greenwood, head of credit. Ploeg, based in London, and de Vienne, based in Newark, will start on February 1, 2022, having worked as ESG specialists and regional team leaders within the ESG research team at PGIM Fixed Income.
Ploeg brings extensive investment experience, having previously held positions within the US and European CLO product management teams of PGIM Fixed Income. Most recently, John served as ESG Specialist, actively engaging in all aspects of PGIM Fixed Income’s ESG approach, including the development of the company’s ESG impact rating methodology, ESG engagement activities and monitoring of ESG-related regulatory and market developments.
De Vienne recently worked alongside Ploeg as an ESG specialist and team leader in the United States. Prior to joining PGIM Fixed Income in 2021, she worked at Rockefeller Capital Management and was responsible for equity and ESG research, stock selection and ESG engagement for Rockefeller’s environmental impact strategies.
“We are delighted that John and Armelle are taking the lead in ESG research for PGIM Fixed Income. Our credit analysts, investment teams and clients will no doubt benefit from their combined experience and continued efforts to develop our ESG capabilities,” said Mike Lillard, Head of PGIM Fixed Income. “The ability to promote from within is a testament to our talent model and the caliber of people leading our investment process. John and Armelle bring continuity to our ESG approach, an essential element as we partner with our clients to invest in accordance with their ESG beliefs and objectives.
PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU), ranks among the top 10 global asset managers* with over $1.5 trillion in assets under management as of September 30, 2021. With offices in 17 countries, PGIM’s business provides a range of investment solutions for retail and institutional investors worldwide across a wide range of asset classes, including government bonds income, private fixed income, fundamental equities, quantitative equities, real estate and alternatives. For more information on PGIM, visit pgim.com.
Prudential Financial, Inc. (PFI) of the United States is in no way affiliated with Prudential plc, incorporated in the United Kingdom, or Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information, please visit news.prudential.com.
*PGIM is the investment management business of Prudential Financial, Inc. (PFI); PFI is the 10th largest investment manager (out of 477 companies surveyed) by global assets under management based on Pensions & Investments’ Top Fund Managers list published on 31 May 2021. This ranking represents assets under management by PFI as of December 31, 2020.