Martin Whittaker, CEO of JUST Capital, explains to Ted Seides why gathering reliable empirical data is the true technological frontier of impact investing.
0:00 / 0:14exact quote · 14.7s
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“It's all well and good for it to have a policy on gender pay equity. But how are you actually doing? You wouldn't invest in a company that had a policy to be profitable. You'd want to know what they're actually doing. So I don't see this as being any different.”
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More from Martin Whittaker
Opinion
Whittaker: Social factors in ESG are an undiscovered source of alpha
“So, so I think the S of the ESG and the human element, let's call it, that we're picking up, is probably one of the most undiscovered sources of alpha. And when we do our factor analysis, one of the greatest contributors to the outperformance that we see.”
Martin WhittakerJun 24, 2019▶ 37:21Martin Whittaker – JUST Capital (First Meeting, EP.02)
Opinion
Whittaker: There Is No Trade-Off Between Values Investing and Financial Returns
“Why there is no trade-off, which is my belief, but also knowing that at the root of it was the data and the processes and the discipline around how you get markets to focus on major social, economic, health, environmental challenges.”
Martin WhittakerJun 24, 2019▶ 8:37Martin Whittaker – JUST Capital (First Meeting, EP.02)
AssertionSupported
Top-quintile JUST companies materially outperform the bottom quintile
“The performance of just companies, We slice and dice this lots of ways. Tends to be very strong. You know, we see the top quintile, bottom quintile in our model, according to Justin, it's not financial performance, just ranking as a material spread.”
Martin WhittakerJun 24, 2019▶ 28:24Martin Whittaker – JUST Capital (First Meeting, EP.02)
AssertionSupported
Whittaker: Millions of US frontline workers rely on food stamps
“Millions of Americans in frontline industries are not paid a living wage and rely on food stamps to get by.”
Martin WhittakerJun 24, 2019▶ 14:46Martin Whittaker – JUST Capital (First Meeting, EP.02)
PredictionNot checkable as stated
Whittaker predicted 2019 polling would punish tech companies over data privacy
“I think we may start to see a bit of a rebalance. We're in the middle of our 2019 polling right now. It'll be interesting to see how some of the travails that tech has been through in the last six months play out.”
Martin WhittakerJun 24, 2019▶ 38:44Martin Whittaker – JUST Capital (First Meeting, EP.02)
AssertionSupported
JUST Capital's founding board includes Paul Tudor Jones and Arianna Huffington
“Just Capital is a not-for-profit, which is even odder insofar as we're not a classic, but that is indeed our structure, and we formed that way because we're really about the mission, and the mission drives everything we do, and I was lucky enough to have some …”
Martin WhittakerJun 24, 2019▶ 10:37Martin Whittaker – JUST Capital (First Meeting, EP.02)
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