Lacey Huebel from Dimensional

In this episode of "Planet Profits Podcast", Joe interviews Lacey Huebel, the head of responsible investment for North America at Dimensional Fund Advisors. Dimensional is an asset manager that has been around since the early 80s and focuses on developing well-diversified strategies that are more likely to outperform over longer time periods. They have a close relationship with financial advisors and believe in the value of working with stellar investment advisors. Lacey shares her passion for environmental sustainability and how it is ingrained in her personal and professional life. She manages portfolios for Dimensional and works on their responsible investment efforts, which are tied into their environmental sustainability-focused strategies. In this conversation, Joe and Lacey discuss various aspects of sustainable investing and Dimensional's approach to it. They highlight the importance of carbon reporting and how it is a relatively new field that continues to improve. Lacey emphasizes the role of data quality in sustainable investing and Dimensional's commitment to using high-quality, objective data. They also discuss Dimensional's approach to fossil fuel holdings, which focuses on a continuum of emissions profiles and sustainable business practices. Lacey explains that Dimensional aims to reflect the broad nature of the climate change problem and considers both the supply and demand sides. They also touch on shareholder engagement and the importance of voting on proxy proposals and director elections to promote shareholder interests and values. Finally, they address the performance of sustainable funds and how Dimensional's strategies are designed to achieve long-term outperformance while incorporating investors' values.