We caught up with Visvesh, Chemical Engineer turned Environmental Social Governance (ESG) Research Analyst, working in impact investing with Sustainalytics
What is your ethnic, academic and professional background?
I am an engineer turned sustainability professional currently working as an ESG (Sustainable Investing) analyst for Sustainalytics in Frankfurt. I grew up in Chennai, a large metropolitan city in south India and completed my undergraduate degree in chemical engineering before moving to the US to do my masters in environmental sustainability.
What inspired you to act as a catalyst for sustainable practice? Is there a particular story you can share?
It has been a combination of different experiences and moments. I have always enjoyed spending time outdoors in nature and this was probably my starting point towards getting into sustainability. Growing up in India, I was able to witness first-hand the environmental costs and repercussions of human development. My degree in chemical engineering also helped me realise the amount of pollution that comes with industrial growth. Eventually, it was about finding an avenue to make an impact and for me that was sustainable finance.
Can you tell me about your career so far and work with Sustainalytics? What inspired you to take this role on despite studying Engineering?
My role with Sustainalytics is to analyse and rate publicly listed companies based on their sustainability performance. It involves engaging with companies to understand how they consider environmental and social metrics and integrate it into their business models. The other part involves helping the investment management community make better long-term investment decisions by providing them with relevant non-financial data that can have financial impacts on the companies that they invest in.
I got inspired by the fact that my research and analysis can have an impact on how money is being used by investors.
This top-down approach to implementing sustainability coupled with the fact that you are influencing those who have large capital to manage got me hooked to this industry.
What have been your biggest successes and learnings to date?
I strongly believe that the only constant is change and one should learn to embrace it. Life is unpredictable and to never take anything or anyone for granted. Kindness and empathy can go a long way in understanding and convincing people. My biggest success for now is being able to work in a field that I enjoy and being able to help those who are looking to get into this space.
Being South Asian, did you face any backlash from family, friends or society at large for choosing to work in sustainability? Has it been challenging?
Sustainability was a new and upcoming field and there were concerns from family members as to what kind of career I could have in this space. I also had friends jokingly tease me about my intentions to save the planet. But I am thankful to my parents for giving me the freedom to do what I liked and believing in my vision.
It was challenging to find jobs in sustainable finance as I had no prior experience in finance apart from some academic coursework. Although my graduate degree was focused in Sustainability and Impact investing, preference was still given to those with a finance background. However, nowadays I see that trend changing with consideration given to those who have knowledge or expertise in sustainability as well.
How have you actively changed your daily practice to be more sustainable?
I think living in Europe makes it a lot easier to be more sustainable. Recycling is followed quite diligently. Public transportation is pretty good and locally I travel by cycle to work. Some of the long-distance trains here are powered by renewable electricity. Most of the grocery items in Germany are sustainably sourced and have certification labels that meet minimum environmental and quality standards. From a personal standpoint, I like living a lifestyle that is minimalistic and free from too many material possessions. I have also been trying to invest my savings in sustainable funds and companies.
Do you feel there is a stigma or lack of understanding of the climate crisis among South Asian communities? What do you believe the blockers to be and how would you go about solving the issues?
I think people in South Asian communities are well aware of the climate crisis, partly because of the several extreme weather events that have affected daily life in those regions. Some of the South Asian countries are still growing at a rapid pace and the key focus should be about sustainable development and adopting a long-term approach. Aligning growth, based on the sustainable development goals and implementing policies aimed at climate change adaptation should be the norm.
Being carbon conscious on a practical day-to-day basis can be quite costly (e.g. vegan/organic food supplies, general supplies/toiletries, electric cars etc). How can people easily and cost effectively make a difference? Do you think being sustainable is accessible to everyone?
I think there are different ways to be carbon conscious depending on a person’s lifestyle and way of life. Some of the cost-effective ways to be sustainable include minimizing food waste, recycling and composting based on local disposal guidelines, and purchasing products that are designed to last long.
If your local city has a good public transport network, try to use them as much as possible to commute. Changing one’s diet to reduce carbon footprint can be hard and it’s a personal choice. However, one can take efforts to buy free range meat or farm meat instead of factory grown processed meat.
There is this misconception that practicing a sustainable lifestyle is expensive, but it’s the simple things like minimizing water consumption, walking or biking to nearby places and reducing impulsive buying that also largely makeup sustainable living.
What advice would you give to younger generations in relation to sustainability and the environment?
Future generations will be facing the implications of climate change in ways the older generations never had.
Climate change and sustainability is the biggest challenge of the 21st century and I am hopeful of our ability to tackle this issue. I encourage the younger generations to be aware of the big picture and try to understand how every little action contributes to something large. To try to cultivate long-term thinking and not for short-term gains.
Can you share one life story which has deeply impacted you?
It is a small incident during my mom’s college years. She was preparing for an important exam during which her father had a life-threatening road accident and an emergency operation was required. As she was in medical school, the surgeon performing the operation requested her to participate in the operation procedure and was scheduled to take place a day before the exam. The surgery was successful, and my mother also ended up clearing the exam. I was just amazed and inspired at the level of composure, mental strength and determination to get through that phase.
Is there anything else you’d like to add?
I generally like to meet new people and listen to their stories and experiences. My communication channels are always open, and I will be glad to help those who are trying to understand ESG and sustainable finance.
Connect with Visvesh on LinkedIn