Engine No. 1: Investment Opportunities in a Reindustrializing World – Engine No. 1 – 2.2.23

Summary:

Now On Demand

The energy, food, and transportation industries and the supply chain structure that supports them are systems transitioning to new models. Driving these transitions is the demand around the world for new solutions to the challenges of relocalizing jobs, food and energy security, and climate change.

In our view, the best way to address a problem is to confront it directly. Through proxy voting and constructive engagement, investors can help Engine No. 1 drive the largest companies in America to own these transitions and create value for the long term.

Join Yasmin Dahya Bilger, Eli Horton, and Yusuf George from Engine No. 1 to learn why these transformation themes should matter to you and your clients.

Engine No. 1 believes:

• Epic transitions will drive tremendous shifts in value—the transition to a net zero emissions economy will require between $4-5 trillion of new investment each year. That represents an enormous opportunity for those willing to drive change rather than just react to it.  
• Constructive engagement is necessary to drive tangible results—divestment is not the answer to solving the world’s largest problems. Fewer than 200 companies account for over 80% of corporate industrial greenhouse gas emissions. There is no path to decarbonization at scale that doesn’t go directly through those companies, and engaging with them is how they change.
• Leadership across these themes will drive tangible value to businesses over the long term through higher margins, increased market share, and better supply chain management, creating meaningful opportunity for investors who can navigate these changes.

Speakers:

Yasmin leads the firm’s client, product, and platform strategy, and has spent her career in the capital markets and in building asset-management businesses.

Before joining Engine No. 1, Yasmin worked at J.P. Morgan Asset Management where she ran the US product specialist teams across factor-based, market cap, and model portfolio strategies. Previously, she was an ETF product strategy and development lead where she focused on the launch of new ETFs across all asset classes. She started her career at Goldman Sachs in Fixed Income Interest Rate and Macro Cross Asset Sales.

Yasmin received a BS in Foreign Service from Georgetown University and an MBA from Harvard Business School.

Eli leads the firm’s active ETF investmentsand is a member of Engine No. 1’s investment committee. His investment career has spanned both the public and private markets across a wide range of industries.

Prior to joining Engine No. 1, Eli was a Managing Director at Maverick Capital, a long-short investment firm where he invested in industrials and a broad range of industries. Previously, he was a member of the Technology and Retail private equity teams at KKR. Eli began his career in the Technology, Media & Telecom group within the investment banking division of Goldman Sachs.

Eli received a Master of Accountancy and a BS in Accounting from the Marriott School of Business at Brigham Young University.

Yusuf manages Engine No. 1’s active ownership and proxy-voting strategies for the firm’s fund portfolio companies.

Prior to joining Engine No. 1, Yusuf worked at JUST Capital, where he developed and led the firm’s corporate engagement strategy, oversaw the racial equity portfolio, and assisted with investor-related engagement. He began his career in the global capital markets division at Barclays Capital.

Yusuf received a BS in Computer Science from Trinity College.