Video: Chicago Teachers’ Miller-May on turning commitments into action

The CIO of Chicago Teachers’ Pension Fund explains what actions some LPs are expecting their managers to have taken after committing to diversity initiatives last year.

GPs that committed to diversity initiatives last year should have made “measurable movement” by now toward creating a more inclusive finance industry, according to Angela Miller-May, chief investment officer of Chicago Teachers’ Pension Fund.

Miller-May spoke earlier this year at PEI Media’s Responsible Investment Forum and reflected on how last summer’s social justice movement has made diversity, equity and inclusion a mainstream ESG priority for a growing number of investors. She also covered the importance for LPs to follow up on the commitments GPs made and what sort of progress is reasonable to expect after DE&I has spent around one year in the spotlight.