Trucost has made two hires to support the S&P Global-owned sustainability data and analytics company’s growth in Asia Pacific.
Michael Salvatico is to lead environmental, social and governance (ESG) business development in Asia Pacific, based in Sydney. He joins Trucost after a nine-year spell with investment data firm MSCI, where he was executive director for ESG research. Salvatico has experience with Merrill Lynch and Climakind, a carbon pricing firm he co-founded.
Vivian Wendan Zheng comes on board as senior ESG business development manager for Trucost Southeast Asia, based in Singapore. Zheng, who in her career has worked for KPMG, Intel and CSR Asia, joins from sustainability events firm Global Iniatives, where she was senior manager.
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Zheng and Salvantico join Trucost to bolster S&P Global Market Intelligence’s ESG capabilities and promote new products which include Climate Change Physical Risk datasets and SDG analytics for financial portfolios.
Previously running business development for Trucost in Asia was Chaoni Huang, who has since moved to BNP Paribas, where she is head of sustainable capital markets for the region.
Trucost has also hired Merril Lynch executive Katie Gandy as senior ESG business development manager, financial institutions, for the Americas, based in New York.
Commenting on the appointments, Lauren Smart, managing director, global head of ESG Commercial, S&P Global Market Intelligence, said that more than ever, ESG is “seen as a crucial strategic focus by our customers.”
“We will continue to build our team of experts in order to enable customers to assess risks and opportunities relating to climate change and better understand ESG considerations,” she said.
The new executives join Trucost during the ongoing coronavirus pandemic, and begin their new jobs working remotely.