Institutional investment consultancy bfinance announced today the appointment of Sarita Gosrani as ESG and Responsible Investment Director. As the firm’s first senior recruit dedicated to ESG matters, Gosrani will head up the firm’s new London-based ESG advisory unit.

Along with the new appointment, bfinance also announced a series of commitments aimed at supporting the goal of net zero greenhouse gas emissions by 2050. bfinance stated that it will work with asset owners to support their own net zero goals and strategies, and integrate support with net zero as standard into its existing consulting services, which include manager research and selection. The company also pledged to establish emissions reduction targets for its operations.

David Vafai, Founder and CEO of bfinance, said: 

“We believe in keeping responsible investment matters firmly at the heart of the Research and Client Consulting teams, as has been the approach to date. The creation of a dedicated ESG resource is intended to support and enhance the ESG-related work of those teams, as well as enabling us to offer some additional advisory support to clients.”

Prior to joining bfinance, Gosrani served as Head of ESG Research at pensions consultancy XPS Pensions Group, where she helped lead the firm’s approach to responsible investing, and supported clients in integrating ESG considerations into their investment strategies. She has also served as a Senior Investment Representative at TD Direct Investing Europe.

Gosrani said:

I’m delighted to join bfinance and work with such a diverse global client base at a time when investors’ ESG and responsible investment requirements are developing rapidly. With more and more of the investment industry presenting claims around ESG-related capabilities and carbon emissions, there is a real need to help asset owners cut through the noise to establish and implement a clear strategy.”

Vafai added:

“I am glad to welcome Sarita to the team – this new hire represents a notable expansion of the firm’s ESG capabilities. At the same time, we are excited to formalise the extensive work that we have been doing in supporting many clients on reducing the greenhouse gas emissions associated with their portfolios. Many investors are now seeking to identify asset managers with a robust strategy and transparency around emissions, for instance, or enter low-carbon or carbon-offsetting sectors such as renewable energy infrastructure.”

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