Episode 38: Carl Noble and Sauro Locatelli on ESG Investing

“I think that one of the big differences as you alluded to is kind of the way that some of these [environmental impact investment theories] were almost abstract ideas. People were talking about climate change back in the 1960s and '70s and pointing many years into the future and saying it's going to be a big problem. Well, here we are in 2021, and we are seeing an increasingly number of severe climate events that are actually impacting people's lives.”

Here it is, the lowdown on ESG investing, and how it can help your clients reach their financial goals and feel good about it too! Carl Noble and Sauro Locatelli tag team ESG ETFs and give you the inside skinny on how these evolving instruments can let you do well by doing good! Don’t miss a minute of this in depth interview . . .

Carl Noble, chief investment officer for Pinnacle Advisory Group in Columbia, Maryland. Carl joined Pinnacle in 2001 after graduating with honors with a bachelor's degree in finance from the University of Maryland. As senior investment analyst, he was responsible for a variety of different research and analytic efforts, ranging from broad macroeconomic topics to individual security selection issues. He helped develop Pinnacle's tactical asset allocation investment strategy from its inception in 2002. Carl was appointed chief investment officer in 2020.

Sauro Locatelli joined Pinnacle full-time in January 2011 after competing an internship with the firm over the previous summer. He holds a bachelor's degree in business administration and a master's degree in finance from Bocconi University in Italy. As Pinnacle's director of quantitative research, Sauro is primarily responsible for the management and development of Pinnacle's in-house quantitative research models, which supports the firm's investment process. In addition, Sauro is an integral part of Pinnacle's investment team, which is responsible for the firm's asset allocation and security selection decisions. Sauro is a CFA charter holder and a certified financial risk manager and holds a sustainability and climate risk certificate as well.