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The Conference Board launched the Sustainability Center in 2017, and I look forward to updating you about our work in these monthly email newsletters. We are engaged in global, member-guided research on impact and value-creation at companies—in particular, the integration of sustainability into overall business strategy and operations. We have started an investigation into the measurement of total impact, which a small but growing number of corporations are applying; a separate project on responsible procurement is also underway. First results are expected in the summer.
We will also share in these newsletters fresh insights from our conferences and Councils.
The Conference Board European Sustainability Council, for instance, found in a recent meeting that not only has the volume of ESG investment risen significantly in recent years, major investment companies have started to create their own "ESG departments" and to develop in-house expertise. Approaches vary significantly and the expertise-building by investment houses is still at an early stage. Sustainability finance is clearly an emerging field we will continue to watch closely