Willis Towers Watson names head of sustainable investment

Willis Towers Watson (WTW) has named Tim Unger as Australia's head of sustainable investment.

Unger joined WTW in 2001 as a senior investment consultant. He is an advocate for incorporating ESG principles into investment strategies and framework.

"Tim's experience and insights have driven exceptional portfolio strategies for our clients," said WTW Australia head of investments Aongus O'Gorman. "Given the greater emphasis across institutional investing for more sustainable practices and the wider commitment to net zero, this new role is a logical progression for him."

O'Gorman said sustainable investment has "too often" been marginalised and sitting ot the side of many investment processes.

"Tim's appointment is a signal that sustainable investment sits at the centre of our advice because portfolio strategy is the point at which policy meets implementation, and this is the experience Tim brings to the table," O'Gorman added.

WTW is a founding member of the Net Zero Investment Consultants Initiative and has committed to integrating advice on net zero alignment into all our investment consulting services.

"This means that a key focus of our activities is to help our clients identify the investment risks from climate change and to support them in developing policies that manage these risks and align their portfolios with the transition to a net zero world," Unger said.

"We want our actions and advice to result in significant reductions in carbon emissions in the real economy. This means that we need to be able to measure the impact of the advice that we provide and the changes that our clients make to their portfolios; so making significant progress in this area is also a priority."

Unger said his ambition in his new role is to "help marshal" WTW's resources and IP in the area of sustainable investment.

"This will enable our clients to integrate ESG considerations into their portfolios that result in attractive risk-adjusted returns but which also have a positive impact when assessed against their sustainability goals," he said.

Read more: Willis Towers WatsonTim UngerAongus O'GormanNet Zero Investment Consultants Initiative