The Material Shortcomings of Energy Transition & ESG Data
March 24, 2022
3pm Discussion + Q&A with Networking Happy Hour to Follow
Hotel Van Zandt in Austin, TX
Hosted by
March 24, 2022
3pm Discussion + Q&A with Networking Happy Hour to Follow
Hotel Van Zandt in Austin, TX
To register for our ESG Salon on March 24, please fill out the following fields:
The Energy Transition is real, and all sectors, particularly energy, must learn how to compete within a decarbonizing world. Many of the assumptions and perspectives influencing the execution of the transition are inaccurate, and ESG data aimed at measuring the transition’s adoption and progress is not empirical.
The implications of these shortcomings are widespread throughout the capital markets. As a result, technological innovation, progress on ESG-related directives, portfolio construction, and ratings are littered with bias, erroneous assumptions, and skewed narratives. This restricts access to capital, especially to the companies that need it most.
These ripple effects are likely to drive the conventional energy participants further away from the transition-focused crowd instead of bringing them together. To execute a successful Energy Transition, participants across the energy spectrum must learn to capitalize on each other’s talents to complete one of the largest undertakings mankind has ever experienced.
Dan Romito is a consulting partner at Pickering Energy Partners, where he focuses on quantitative ESG strategy and implementation. Over the course of his career, Dan has advised several hundred private companies, public issuers, and asset managers on how to optimize capital deployment strategies and employ ESG-related directives. A substantial portion of his experience has centered on helping the Energy, Industrial, Materials, and Utility sectors navigate ESG-focused data providers, frameworks, disclosures, and the corresponding investor landscape. His experience and research on ESG, Index/ETF Ownership, and Shareholder Activism has been featured in a variety of global periodicals, including Harvard Business Review, the Harvard Law School Forum on Corporate Governance, CNBC, Bloomberg, Global Investor magazine, and IR Magazine. Prior to Pickering, Dan spent several years at Nasdaq, where he specialized in investor analytics, issuer technology solutions, and ESG implementation. During his tenure at Nasdaq as the Global Head of Investor Analytics, he developed several key technology solutions and services under Nasdaq’s Corporate Platform’s repertoire, including their investor behavioral analytics platform, the ESG Advisory Service, the Insight360 Analytics module, the Activist Diagnostic, Capital Deployment Scenario Analysis, and the Small Cap Investor Targeting Service. Dan received his B.A. degree from the University of Chicago and his MBA in Finance from DePaul University. He is a board member on the Energy ESG Council and is a professor at Marquette University, where he teaches ESG implementation, strategy, and certification.
