OUR STORY

Founded to help investors navigate the complex world of the 21st century.

TIIP was founded in 2015 by Steve Lydenberg—co-founder of the first index to utilize social and environmental standards—and William Burckart—a respected sustainable investing consultant—who were determined to help investors align their strategies and practices with the increasingly complex world of the 21st century. Not only did they want to show investors that everything—from the environment to healthcare to the financial markets—is interconnected, they also hoped to demonstrate that investors can play a major role in preventing environmental disasters and easing social unrest. They hoped that investors would realize that doing so is not only good for global sustainability and well-being, but it is good for their bottom lines.

TIIP has since worked tirelessly to encourage adoption of system-level investing, an advanced sustainable investing approach through which investors consider the bigger-picture environmental, social, or financial system context of their security selection and portfolio construction decisions.

Throughout 2015 and 2016, we established the theoretical frameworks for identifying systemic environmental and social challenges best-suited to investor action and developed and disseminated information about effective system-level investing tools. We have since broadened our efforts and are helping to meet industry demand for practical guidance on adopting system-level investing approaches and measuring investors’ impacts and influence on environmental and social systems.

We look forward to continuing to build the industry’s understanding of system-level investing and its capacity for addressing pressing systemic challenges; challenges that if left unaddressed, threaten investors’ long-term success.

OUR MISSION

We help investors understand how healthy environmental, social, and financial systems support long-term investment. We believe that with the proper guidance and tools, investors can help to fortify these systems.

The world is becoming increasingly interconnected and complex. The impacts of environmental, social, and financial issues on investors (e.g. climate change, income inequality, political unrest, demographic shifts, and technological developments) and of investor behavior on these issues are increasingly clear.

In response, many investors are adopting sustainable investing. They are focused on protecting and enhancing long-term value through addressing environmental, social, or governance (ESG) risks, investing in solutions to environmental and social challenges, and otherwise expressing ESG values. They are integrating ESG factors into security selection, avoiding unsavory industries or actors, and investing for social or environmental impact alongside financial return.

Particularly sophisticated investors are embracing more advanced sustainable investing approaches, including system-level investing. They are using a discrete collection of strategies and tools to intentionally and positively influence the wealth-creating potential of the environmental, social, and financial systems within which they operate and upon with they depend for long-term financial success.

TIIP supports the financial community in its pursuit of system-level investing to fulfill our mission of helping investors understand that healthy portfolio returns are not possible without healthy systems, and providing them with guidance and tools for supporting resilient systems that enhance long-term returns.

Click here to learn about what we offer.

TEAM

More than a century of combined industry leading expertise and experience.

Steve Lydenberg

Steve Lydenberg

Founder and CEO

Steve Lydenberg, TIIP’s Founder and CEO, also serves as Partner, Strategic Vision of Domini Impact Investments where he provides strategic vision and direction to guide the firm’s policies, procedures, and daily practices.

William Burckart

William "Bill" Burckart

President and COO

William Burckart, TIIP’s President and COO, has been at the forefront of ESG and impact investing, having worked as an advisor to investment management firms, private foundations, non-profits, government and major financial services industry bodies.

Monique Aiken

Monique Aiken

Managing Director

Monique Aiken, TIIP’s Managing Director, also serves as a Contributing Editor at ImpactAlpha, a digital news magazine for the impact investing sector.

Jessica Ziegler

Director of Research

Ms. Ziegler is Director for Research at TIIP and oversees all the organization’s research projects. She has extensive experience in research design, data collection and rigorous qualitative data analysis.

JR Bascom

JR Bascom

Associate

JR Bascom, TIIP’s Associate, works with leadership, senior advisors and external partners on research, data analysis, business development and all special projects.

Steve Lydenberg

Steve Lydenberg

Founder and CEO

Steve Lydenberg, TIIP’s Founder and CEO, also serves as Partner, Strategic Vision of Domini Impact Investments where he provides strategic vision and direction to guide the firm’s policies, procedures, and daily practices.

Mr. Lydenberg previously served as the firm’s Chief Investment Officer and was a co-founder of the Domini 400 Social Index, the first index to utilize social and environmental standards. In addition, Mr. Lydenberg has been active in researching the social and environmental performance of corporations since 1975. Mr. Lydenberg was a co-founder of KLD Research & Analytics, Inc. and served as its research director from 1990 to 2001. From 1987 to 1989, he was an associate with Franklin Research and Development Corporation (now known as Trillium Asset Management). For 12 years he worked with the Council on Economic Priorities, ultimately as director of corporate accountability research. Mr. Lydenberg is the Founding Director of the Initiative for Responsible Investment (IRI) at the Kennedy School of Government at Harvard University, which was established to provide institutional support for catalytic activity for responsible investment, broadly construed, with a strong focus on creating a foundation of research activity around the field. He has published widely on responsible investment and corporate social responsibility and is a CFA charter holder.

William Burckart

William “Bill” Burckart

President and COO

William Burckart, TIIP’s President and COO, has been at the forefront of ESG and impact investing, having worked as an advisor to investment management firms, private foundations, non-profits, government and major financial services industry bodies, helping to integrate impact and investment goals through the development and implementation of ESG and impact investment strategies across a range of regions and sectors.

He has contributed to the field through groundbreaking research, including leading a multiyear field building effort focused on the financial services industry in collaboration with the Money Management Institute; managing the production of (and is a contributing author to) the New Frontiers of Philanthropy: A Guide to the New Tools and Actors that Are Reshaping Global Philanthropy and Social Investing (Oxford University Press: 2014), and was involved in the writing of the Status of the Social impact investing Market: A Primer (UK Cabinet Office: 2013) that was distributed to policymakers at the inaugural G8-level forum on impact investing.

Mr. Burckart is a visiting scholar of the Federal Reserve Bank of San Francisco and is a founder or co-founder of two impact investment advisory firms (Burckart Consulting and Impact Economy LLC).

Monique Aiken

Monique Aiken

Managing Director

Monique Aiken, TIIP’s Managing Director, also serves as a Contributing Editor at ImpactAlpha, a digital news magazine for the impact investing sector. Monique is passionate about social change and positive impact after spending 15 years in investment banking, where she developed her understanding of the capital markets. She previously served as VP of Programs at Mission Investors Exchange, a network organization for +250 members seeking to deepen their practice of impact investing through peer-learning.

Prior to joining Mission Investors Exchange, Monique was a Director at Tideline, a boutique impact investing strategy consulting firm, where her energies were centered on client and project management and business development. She served as Project Manager at the Clinton Foundation for No Ceilings: The Full Participation Project, a women’s empowerment initiative led by Secretary Clinton, and business development manager for the Clinton Global Initiative.

Earlier, as a VP in Deutsche Bank’s Commodity Derivatives Sales group, she managed client relationships with Oil and Gas (E&P), Utility, and Consumer Products companies in the United States and Latin America. Earlier in her career, she worked for Citigroup in the Debt Capital Markets group in both New York and London, and as an analyst at Bank of America in the Credit Products group. Monique holds an MBA from NYU Stern School of Business, where she majored in Financial Instruments and Markets and a B.Sc. in Foreign Service from Georgetown University.

Jessica Ziegler

Director of Research

Ms. Ziegler is Director for Research at TIIP and oversees all the organization’s research projects. She has extensive experience in research design, data collection and rigorous qualitative data analysis. She comes to TIIP from Mathematica Policy Research—an industry-leading policy research firm—where she spent eight years conducting social policy evaluations. Ms. Ziegler has authored numerous reports on the implementation, costs and effectiveness of federally-funded employment, family support and education programs; her reports are used by programs and policymakers to guide reforms and improvements. She holds a Master of Public Policy from Johns Hopkins University and a Bachelor of Arts in Policy Studies from Dickinson College.

JR Bascom

JR Bascom

Associate

JR Bascom, TIIP’s Special Assistant, works with leadership, senior advisors and external partners on research, data analysis, business development and all special projects. Prior to joining TIIP, he worked as an analyst for a Waste-To-Value company as well as an executive aide to Carter Bales for a year, supporting both companies with environmental and sustainability research as well as special projects. He received his B.A. from Wesleyan University in both Economics and Psychology and spent a 5th year at Wesleyan University writing a Master’s thesis in Environmental Economics under the guidance of Professor Gary Yohe. JR is proudly from a family of farmers, builders and problem-solvers.

ADVISORY COUNCIL

Noel Pacarro Brown

First Vice President, The Conscious Wealth Management Group at Morgan Stanley

Noel Pacarro Brown joined Morgan Stanley in 2007, as the lead of The Conscious Wealth Management Group at Morgan Stanley, a team founded by her mother, Gwen Pacarro over 35 years ago. Noel works with families, foundations, and founders to advance the mission of their money, to create purposeful lives and legacies.

Kieron Boyle

Chief Executive, Guy’s & St. Thomas’ Foundation

Kieron has been our Chief Executive since 2016 and is a leading voice on urban health.

Kieron is responsible for leading the organisation, represents us externally and acts as the main link with our board.

Robert G. Eccles

Visiting Professor of Management Practice, Said School of Business, University of Oxford

Robert G. Eccles is a leading authority on corporate purpose and the integration of environmental, social, and governance (ESG) factors in resource allocation decisions by companies and investors. He is also the world’s foremost academic expert on integrated reporting.

Kirsty Jenkinson

Investment Director, Sustainable Investment and Stewardship Strategies, CalSTRS

Kirsty Jenkinson is the California State Teachers’ Retirement System’s Director of Sustainable Investment & Stewardship Strategies. Jenkinson works to incorporate her experience spanning 25 years in finance together with an ambition to execute long-term investment strategies that deliver positive and productive societal and environmental change.

Yuko Koshiba

Impact Officer, SIIF / Member of Japan Venture Philanthropy Fund Working Group

Yuko Koshiba is Impact Officer at Japan Social Innovation and Investment Foundation (SIIF). At SIIF, she leads the impact measurement and management of a healthcare venture fund and manages Japan’s first venture philanthropy fund.

Jon Lukomnik

Founder, Sinclair Capital LLC

Forbes calls Sinclair Capital LLC founder Jon Lukomnik “one of the pioneers of modern corporate governance”. He has consulted to institutional investors with aggregate assets of $1 trillion and has himself been the fiduciary for assets of more than $100 billion.

Renaye Manley

Deputy Director, Strategic Initiatives, Service Employees International Union

Renaye Manley brings strategy, innovation and advocacy to the world of finance and pension funds infusing a lens of racial and gender equity. She currently serves as Deputy Director of the Service Employees International Union, Strategic Initiatives department.

Meredith Miller

formerly Chief Corporate Governance Officer, UAW Retiree Medical Benefits Trust

Meredith Miller has devoted her career to investment and stewardship strategies that enhance long-term performance of capital markets and the sustainability of the communities in which portfolio companies operate and in which the workforce resides. Ms. Miller previously served as the Chief Corporate Governance Officer for the UAW Retiree Medical Benefits Trust (“Trust”), joining the Trust at its inception in 2010.

Kilian Moote

Managing Director, ESG Advisory, Georgeson

Kilian Moote is a Managing Director within Georgeson’s ESG advisory practice, where he advises clients on developing and implementing effective strategies that align with investors’ expectations. Kilian has 15 years of experience working with executives and investors on sustainability, including leading the development of the ESG rating tool KnowTheChain.

Michael Musuraca

Strategic Advisor of ESG and Labor,
Blue Wolf Capital Partners LLC

Michael Musuraca is Strategic Advisor of ESG and Labor of Blue Wolf Capital Partners LLC. The Blue Wolf Capital Funds are a family of private equity funds focused on transformational investments in middle market companies.

Eric Stephenson, CAIA

Director of Client Service & Operations, Align Impact

Eric Stephenson is Director of Client Service & Operations at Align Impact and member of its investment committee, advancing the firm’s work helping investors and their advisors form and implement effective impact investing and philanthropic strategies.

Noel Pacarro Brown

First Vice President, The Conscious Wealth Management Group at Morgan Stanley

Noel Pacarro Brown joined Morgan Stanley in 2007, as the lead of The Conscious Wealth Management Group at Morgan Stanley, a team founded by her mother, Gwen Pacarro over 35 years ago. Noel works with families, foundations, and founders to advance the mission of their money, to create purposeful lives and legacies.

Noel has been recognized by the Forbes list of Top Women Wealth Advisors, Top NextGen Advisors, Best in State Advisors, and as a Top Advisor by Working Mother Magazine.

At Morgan Stanley Noel is part of the Women Without Limits initiative, serves as co-chair of the National Consulting Group Advisory Council, and was named to the MAKERS class of 2018.

Noel is a proud advocate of Investing with Impact. Her work can be found on podcasts, across national blogs and industry publications. She served as co-host of the Better Money Show, a podcast broadcast by XRAY.fm which highlights people who are driving capital to drive change, and throughout the year she can be found presenting on stage at national conferences (2017: Forbes Top Advisor Summit in Las Vegas, IMCA Focus on NextGen Conference in San Francisco, 2018: MMI/Morningstar Sustainability Conference in Chicago, 2019: Investments & Wealth Institute Annual Conference in Las Vegas, United Nations Sustainable Investing Conference in New York).

Noel serves on the board for the Investment & Wealth Institute® (formerly IMCA®); a global professional association, advanced education provider, and standards body for financial advisors, investment consultants, and wealth managers who embrace excellence and ethics.

Noel grew up on Oahu, and graduated from Punahou School. She attended Wellesley College before graduating with Honors from Brown University, and receiving her Masters in Teaching from Pacific University. Noel spends her free time with her husband Cameron, their two children, and two dogs.

Securities Agent: WA, AL, AZ, CA, CO, DC, DE, FL, HI, IA, IL, MI, NY, OR, PA, SC, NM, TX, VA; General Securities Representative; Investment Advisor Representative; Managed Futures
NMLS#: 1285127

Kieron Boyle

Chief Executive, Guy’s & St Thomas’ Foundation

Kieron has been our Chief Executive since 2016 and is a leading voice on urban health.Kieron is responsible for leading the organisation, represents us externally and acts as the main link with our board.

Since beginning his career at the Boston Consulting Group, Kieron has worked across the public sector at No.10, the Department for Business and the Foreign and Commonwealth Office. He headed the UK government’s work on impact investment from the Cabinet Office.

Kieron sits on the Boards of Big Society Capital, the Design Council and Catch22. He a is member of the Mayor of London’s Childhood Obesity Taskforce and on the advisory council of the Impact Investment Institute. Kieron chairs the Investment Committee of Nesta’s Cultural Impact Development Fund. In 2014 he was selected as a Young Global Leader by the World Economic Forum.

Kieron is passionate about the role of data and design in shaping our health.

Robert G Eccles

Visiting Professor of Management Practice, Said School of Business, University of Oxford

Robert G. Eccles is a leading authority on corporate purpose and the integration of environmental, social, and governance (ESG) factors in resource allocation decisions by companies and investors. He is also the world’s foremost academic expert on integrated reporting. Currently Eccles is a Visiting Professor of Management Practice at the Said Business School, University of Oxford where he is engaged in a number of research projects focused on corporate purpose, corporate reporting, engagement and stewardship, and private equity. Eccles has been a Visiting Lecturer at the Massachusetts Institute of Technology, Sloan School of Management and was a Berkeley Social Impact Fellow at the Haas School of Business, University of California Berkeley. He was a Professor at Harvard Business School and received tenure in 1989.

Eccles is an Eminent Academic Advisor to BCG on Global ESG Integration and Reporting. He is also an advisor to the non-profit Impact Management Project and Corporate Accountability Project. He was the founding Chairman of the Sustainability Accounting Standards Board, and was one of the founders of the International Integrated Reporting Council. In 2011, Dr. Eccles was selected as one of the Top 100 Thought Leaders in Trustworthy Business Behavior – 2012 for his extensive, positive contribution to building trust in business. In 2013, he was named the first non-accountant Honorary Fellow of the Association of Chartered Certified Accountants (ACCA), one of only nine since 1999. In 2018 he was named by Barron’s as one of the top 20 influencers in ESG investing and cited for being an “ESG research trailblazer.” Also, in 2018 he received “The CSR Lifetime Achievement Award” at “The 8th International Conference on Sustainability & Responsibility” in Cologne, Germany.

Dr. Eccles received an S.B. in Mathematics and an S.B. in Humanities and Science from the Massachusetts Institute of Technology and an A.M. and Ph.D. in Sociology from Harvard University. He currently resides in Lexington, MA with his wife Anne Laurin Eccles and their two dogs Basil and Rowan. They have four children (Charlotte, Philippa, Isabelle, and Gordon) and nine grandchildren (Scout, Russell, Thomas, Thora, Frederick, Dashiell, Philip, Maple, and Celeste). His main outside activity is weightlifting where he is quite good at the dead lift (achieved his personal goal of 400 pounds with a 410 lift on December 28, 2020), credible at the squat, and pathetic at the bench press.

Kirsty Jenkinson

Investment Director, Sustainable Investment and Stewardship Strategies, CalSTRS

Kirsty Jenkinson is the California State Teachers’ Retirement System’s Director of Sustainable Investment & Stewardship Strategies. Jenkinson works to incorporate her experience spanning 25 years in finance together with an ambition to execute long-term investment strategies that deliver positive and productive societal and environmental change.

Prior to CalSTRS, she gained experience in multiple different geographic regions between both the sell-side and buy-side, as well as a research non-profit focused on sustainable economic development. At Goldman Sachs, she helped develop a high-yield credit research team in Europe when the company was following the market’s expansion beyond the United States and she was heavily involved in discussions pertinent to banking sector governance while working in asset management during the 2008 financial crisis. At CalSTRS, Jenkinson is responsible for managing an investment portfolio, overseeing the fund’s ESG-related stewardship activities and engaging with key stakeholders.

Jenkinson earned recognition as a NextGen by pursuing her goals to provide positive risk-adjusted returns for the nation’s second-largest pension fund, while at the same time leveraging the fund’s significant scale to catalyze an equitable, low-carbon, global economy.

Yuko Koshiba

Member of JVPF Working Group, Secretarial / SIIF

Yuko Koshiba is Impact Officer at Japan Social Innovation and Investment Foundation (SIIF). At SIIF, she leads the impact measurement and management of a healthcare venture fund and manages Japan’s first venture philanthropy fund. She recently launched a philanthropy advisory division within SIIF to support UHNWI with their impact investing/philanthropy strategies and implementation. Prior to joining SIIF, Yuko completed a financial leadership program at GE and pursued her master’s degree at the School of International and Public Affairs at Columbia University where she worked at Rockefeller Philanthropy Advisors and the Open Society Foundations.

Jon Lukomnik

Founder, Sinclair Capital LLC

Forbes calls long-time institutional investor Jon Lukomnik one of the pioneers of modern corporate governance.

Jon Lukomnik’s book, “Moving Beyond Modern Portfolio Theory: Investing That Matters” (www.BeyondMPT.com) is co-authored with Jim Hawley. Their work focuses on MPT’s inability to deal with systematic risk, and how investors can and do mitigate risks such as climate change, income inequality, lack of diversity, and anti-microbial resistance. In the process, they are redefining what it means to “invest”.

The managing partner of Sinclair Capital LLC, a strategic consultancy to institutional investors, Jon Lukomnik served for more than a decade as the executive director of the IRRC Institute and is a former Pembroke Visiting Professor at the Judge Business School at Cambridge. He co-founded the International Corporate Governance Network (ICGN) and GovernanceMetrics International (now part of MSCI). He has been the investment advisor or a trustee for more than $100 billion (including New York City’s pension funds) and has consulted to institutional investors with aggregate assets of $1 trillion dollars. He is a member of the Deloitte Audit Quality Advisory Committee and a trustee on the Van Eck mutual funds, insurance trusts and UCITs.  He is a former Senior Fellow for the High Meadows Institute and was a member of the Standing Advisory Group of the Public Company Accounting Oversight Board.

Jon Lukomnik is also the co-author of two previous books, What They Do with Your Money and “The New Capitalists (Financial Times pick of the year).  He has been honored by the ICGN, Council of Institutional Investors, Ethisphere, the National Association of Corporate Directors, Transparency Task Force, and Global Proxy Watch, among others.

Renaye Manley

Deputy Director, Strategic Initiatives Department
Service Employees International Union

Renaye Manley brings strategy, innovation and advocacy to the world of finance and pension funds infusing a lens of racial and gender equity. She currently serves as Deputy Director of the Service Employees International Union, Strategic Initiatives department. In this position, she works with pension trustees, union leaders, elected officials and investment professionals around the engagement of multi-billion-dollar union and public pensions funds, including corporate governance and shareholder work. She leads SEIU’s “Diversity & Dollars” work, which has led to the adoption of the “Rooney Rule” at seventeen companies, including Facebook and Amazon. She previously served on the Federal Reserve Bank of Chicago’s advisory board on Small Business, Agriculture and Labor. She serves as co-chair of the advocacy committee of the Council of Institutional Investors which convenes the largest groups of investors and asset owners in the United States and also serves on the board of the 30% Percent Coalition which works on gender and racial equity issues in the world of corporate boards. Prior to her job at SEIU, Renaye worked for Interfaith Worker Justice, a community /labor collaboration, coordinating work with national unions and denominations on issues of workplace justice. She has a background as field organizer, working for years at the AFL-CIO where she focused on field campaigns engaged in political and worker organizing. She is a graduate of Indiana University and has a MBA from Western Governors University.

Meredith Miller

Chief Corporate Governance Officer

Meredith Miller has devoted her career to investment and stewardship strategies that enhance long-term performance of capital markets and the sustainability of the communities in which portfolio companies operate and in which the workforce resides. Ms. Miller previously served as the Chief Corporate Governance Officer for the UAW Retiree Medical Benefits Trust (“Trust”), joining the Trust at its inception in 2010. The Trust is the largest non-governmental provider of retiree benefits in the country with $62 billion in assets under management. During this time, she led the corporate governance program and as part of the investment team, worked on sustainable investing strategies.

Milestones for the program include SEC rules on human capital management disclosures promulgated in in August 2020, following the Trust’s submission of a petition for rulemaking in July of 2017 (UAW Trust SEC Petition). Other achievements include the appointments of 90 diverse directors at Midwest companies since 2016 through the Midwest Investor Diversity Initiative, which the Trust founded, and the publication of the Diverse Search Company Toolkit for nominating and governance committees (Diverse Search Toolkit for Nom/Gov Committees).

In a separate initiative, Ms. Miller oversaw and submitted the Trust’s citizen’s petition on pharmaceutical biosimilar labeling to the FDA; the latter of which was recognized in the final guidance. In 2012, Ms. Miller executed a landmark agreement with six pharmaceutical companies on an executive compensation claw back policy (Press Announcement) and since 2017 co-led a 64-member investor coalition, Investors for Opioid and Pharmaceutical Accountability (IOPA) with over $4.2 trillion in combined assets (IOPA Coalition Link hosted by ICCR). The Congressional Quarterly Roll Call profiled Ms. Miller co-leadership leadership on the opioid crisis in October 2018 ( Roll Call Article).

Prior to the Trust, Ms. Miller was appointed Assistant Treasurer for Policy at the Office of the Connecticut State Treasurer, a position she held for twelve years. Ms. Miller had responsibilities for corporate governance, the 529 college savings program, the financial education initiative and the Treasurer exofficio seats on the Bond and Banking Commissions. Ms. Miller was principal to the Treasurer in the development of the UN Principles for Responsible Investment and the creation of the CERES’ Investor Network on Climate Risk. She developed the first set of proxy voting policies for the State and successfully petitioned the SEC on compensation consultant independence disclosure (SEC Petition), which was written into the requirements for the annual proxy Compensation and Disclosure Analysis and again in the Dodd-Frank Act. Ms. Miller’s work on compensation while serving the Treasurer was profiled in the Wall Street Journal in 2007 (WSJ Article).

Before joining the Treasurer’s Office in Connecticut, Ms. Miller served for four years in the Clinton Administration’s Department of Labor as Deputy Assistant Secretary for Policy at the Pension and Welfare Benefits Administration and one year as Acting Assistant Secretary during which time she oversaw 15 field offices and 700 employees. As Deputy for Policy, she managed teams responsible for the drafting of regulations related to HIPAA, 401(k) fees and interpretative bulletins on proxy voting and economically targeted investing.

From 1988 to 1993, Ms. Miller served as Assistant Director for Employee Benefits at the AFL-CIO in Washington D.C. This position focused on public policy and legislative matters related to health and pension benefits. Prior to the AFL-CIO, Ms. Miller served as Assistant Director for Research, Employee Benefits for the Service Employees International Union.

Current board activities include serving as a Member, The Investment Integration Project Advisory Council, Director, Global Reporting Initiative Board and Chair, Washtenaw Community College Foundation Women’s Council. Previously Ms. Miller served as Director, Thirty Percent Coalition Board, Program Co-Chair, Detroit Chapter of the Society for Corporate Governance Professionals, Director, Council of Institutional Investors, and Trustee, Hampshire College. While at the AFL-CIO, Ms. Miller was also appointed by the Secretary of Labor to serve as a Member of the Department of Labor’s ERISA Advisory Council.

Ms. Miller received her MSc in Industrial and Personnel Relations from the London School of Economics and her undergraduate BA from Hampshire College, Amherst, Massachusetts. She lives with her husband in Ann Arbor, Michigan and has three children.

Kilian Moote

Managing Director, ESG Advisory, Georgeson

Kilian Moote is a Managing Director within Georgeson’s ESG advisory practice, where he advises clients on developing and implementing effective strategies that align with investors’ expectations. Kilian has 15 years of experience working with executives and investors on sustainability, including leading the development of the ESG rating tool KnowTheChain.

Prior to joining Georgeson, Kilian developed and managed strategies on corporate responsibility and public policy for the private foundation Humanity United. He has deep expertise on responsible supply chain mangagement, having previously taught an MBA course at the University of San Francisco. As a leading expert on social and human capital issues he’s frequently called on to provide guidance. He is currently advising The Investment Integration Project and involved in an effort to enhance SASB’s human capital management standard.

Kilian earned an MBA with Distinction from the Imperial College Business School in London and a Bachelor of Arts from the University of San Francisco.

Michael Musuraca

Strategic Advisor of ESG and Labor, Blue Wolf Capital Partners LLC

Michael Musuraca is Strategic Advisor of ESG and Labor of Blue Wolf Capital Partners LLC. The Blue Wolf Capital Funds are a family of private equity funds focused on transformational investments in middle market companies.

Mr. Musuraca is an internationally-known leader in the fields of responsible investing, pension fund and corporate governance, and collective bargaining. He advises Blue Wolf’s Principals and portfolio companies on these matters.

Prior to joining Blue Wolf in February 2009, Mr. Musuraca was an Assistant Director in the Department of Research and Negotiations, District Council 37 of the American Federation of State, County, and Municipal Employees (AFSCME), AFL-CIO. District Council 37 is one of the largest public-sector unions in New York City, representing 125,000 members who work for the City of New York, its covered organizations, and certain agencies of the State of New York. He worked for District Council 37 from 1988 to 2009.

From 1996-2009, Mr. Musuraca was a designated trustee to the New York City Employees Retirement System (NYCERS), a 300,000-plus member pension fund. He also served, from 1997 until 2009, as a trustee to the Cultural Institutions Retirement System (CIRS) – a fund with members from the major cultural institutions and day care facilities in the New York City metropolitan area. Mr. Musuraca was also a founding member of the Principles for Responsible Investment (PRI) Board and was the labor representative to the Advisory Board of the New York City Independent Budget Office. He previously served on the board of Sustainalytics, was chair of the Verité board and is currently a member of the advisory committee of the Investor Alliance for Human Rights.

Mr. Musuraca has published a number of papers on labor affairs and urban history and politics in academic journals.

Mr. Musuraca received a B.A. in Political Science from New York University, a M.A. in American History from the University of Massachusetts/Boston, and a Master’s in Philosophy from the Graduate Center, City University of New York. He has taught in the Department of Urban and Labor Studies at Queens College, City College, Rutgers University, and the New York City campus of Cornell University.

Eric Stephenson, CAIA

Director of Client Service & Operations, Align Impact

Eric Stephenson is Director of Client Service & Operations at Align Impact and member of its investment committee, advancing the firm’s work helping investors and their advisors form and implement effective impact investing and philanthropic strategies. For five years prior to joining Align Impact, Eric was the Portfolio Director at the Cordes Foundation, tasked with assessing, proposing and implementing a strategic plan towards 100% mission alignment across asset classes, and overseeing the Foundation’s philanthropic initiatives. He was previously part of the fund investments team at Hamilton Lane and started his finance career with the global leasing group at Xerox.

Eric serves as co-chair of the Cordes Foundation, member of the advisory board for Duke University’s CASE i3 Initiative on Impact Investing, and is a due diligence mentor at Harvard University’s Initiative for Responsible Investment. He earned his BBA from Temple University, MA from University of the Pacific and is an active CAIA charterholder and alumnus of the SEO Career Program.

OUR INVESTOR DATABASE

TIIP’s work is powered by an internal proprietary database of system-level investor profiles.

TIIP profiles investors’ sustainable and systems-level approaches and to identify best practices. Profiles examine organizational characteristics, dimensions of sustainable system-level investing approaches, practical applications of approaches undertaken, and approach successes and challenges. They also provide insights into the spectrum of sustainable and system-level investment approaches undertaken and include information about key investment activities and tools used to expand the range of investors’ vision beyond the portfolio to a broader understanding of systems.

The database of profiles informs TIIP’s research and thought leadership and help us to refine enhance our related practical guidance; it provides a powerful engine that “turbo charges” everything that we offer.

It is the most comprehensive database of system-level investing approaches. We maintain our 100+ profiles in the database to ensure that our information reflects best practices by asset owners and managers around the world. 

TIIP Database
Walden Asset Management report cover

SYSTEM-LEVEL INVESTING PUBLICATIONS

Timeline

2021
Jun 08

Income inequality: one of the major systemic challenges of our time

Between 1980 and 2016, the incomes of the world’s richest 1% of people grew twice as much as the poorest 50% of people. As incomes soared for the wealthy, income inequality increased for more than half the countries worldwide. This has drastic impacts on our economic system: When the income…Read More

2020
Dec 08

TIIP’s Roadmap to Building the Financial System’s Resilience To Systemic Social Risk in the Wake of the Covid-19 Pandemic

New roadmap discusses lessons learned from the Covid-19 pandemic and outlines the way forward for policymakers, regulators, and investors New York, NY, December 8, 2020 – Covid-19 has killed more than a million people worldwide, sickened tens of millions more, created extreme volatility in global financial markets, and triggered the…Read More

Nov 10

TIIP contributes to report from The World Bank that examines climate change-related risks and opportunities for institutional investors in APEC

New York, NY, November 11, 2020 – Climate change poses extreme risks to the Asia-Pacific Economic Cooperation (APEC) region. Today, 70% of global natural disasters happen in the APEC region, the intensity and severity of which are expected to increase with climate change. A report from The World Bank and…Read More

Oct 13

Report from MMI and TIIP Moves Investors from ESG integration to managing systemic risks

Resource Moves Investors from ESG integration to managing systemic risks New York, NY, October 13, 2020 – Instability and unrest across all aspects of our lives–from financial markets to public health to racial reckonings to the environment–have forced investors to realize global systems are inextricably interconnected. Many have been and…Read More

Apr 20
Jan 20
2019
Sep 06
Apr 02
2018
Oct 31

New Report: Why and How Investors Can Respond to Income Inequality

Institutional investors have increasingly begun to realize that inequality – or the gap in income and wealth between the very affluent and the rest of society – has become one of the most noteworthy socioeconomic issues of our time. It has the potential to negatively impact institutional investors’ portfolios as…Read More

Aug 20

New Report Finds Investors Going Beyond Impact Measurement to Assess the Effectiveness of System-level and SDG Investing

“Roadmap” report offers guidance for measuring effectiveness of system-level and SDG Investing; Applies in-depth example to addressing SDG on Climate Action  Webinar on March 26th at 1 PM ET to Review Findings NEW YORK, NY, March 12, 2018 -A new report provides investors with a breakthrough roadmap for measuring the effectiveness of…Read More

2017
Nov 07

Effective Investing for the Long Term: Intentionality at Systems Levels

In this new report Effective Investing for the Long Term: Intentionality at Systems Level—written by Steve Lydenberg, William Burckart, and Jessica Ziegler—TIIP examines the strategies that more and more investors are utilizing to act with intentionality to balance efficiency in maximizing self-interested returns with maintaining the resilience of the environmental…Read More

Jul 27

New Report (and Webinar) Details How Central Banks and Development Finance Institutions Try to Affect the World’s Environmental, Societal, and Financial Systems

NEW YORK, NY, July 25, 2017 – A new report analyzes how and why central banks (CBs) and development finance institutions (DFIs) incorporate environmental, societal, and financial systems-level thinking into their activities. The report identifies five “on ramp” activities that these financial institutions use to address systems-level risks and rewards,…Read More

Jun 15

Investing in the New Industrial (R)evolution: Insights for asset owners and managers financing the circular economy

In this report, we examine the opportunities, challenges, and breakthroughs needed for investors to be able to finance the circular economy. Written by William Burckart (TIIP) and Jamie Butterworth (Circularity Capital), Investing in the New Industrial (R)evolution: Insights for asset owners and managers financing the circular economy details examples of…Read More

Mar 07

Systems-Level Considerations and the Long-Term Investor: Definitions, Examples, and Actions

This Occasional Paper from The Investment Integration Project (TIIP) addresses the question of how asset owners and managers can identify environmental, societal and financial systems-level issues relevant to their investment processes. Integration of these systems-level considerations can help investors manage long-term risks and rewards while seeking competitive portfolio-level returns. The…Read More

2016
Nov 06

State of the Industry Analysis: Tipping Points 2016

This state of the industry report documents the scope and variety of systems-level and related approaches undertaken by 50 asset owners and managers. It describes the activities they have executed, the tools they have used, the progress they have made and what research and support is necessary for further progress.…Read More

2015
Nov 20

Towards A Theory and Practice

TIIP’s inaugural paper is “Portfolios and Systemic Framework Integration: Towards a Theory and Practice“, which lays the groundwork for the project and argues that the strength or weakness of environmental, societal and financial systemic frameworks substantially impacts the ability of investors to generate returns. Without the smooth function of these…Read More

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