Manager/Senior Manager, Sustainability and Stewardship

Location: Hybrid 3 days a week in San Francisco

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Parnassus Investments is the largest pure-play responsible investment company in the United States, currently managing over $51 billion in AUM, as of March 31st, 2024. Parnassus seeks to build wealth responsibly for long-term investors by investing in businesses that offer products or services that are increasingly relevant to customers, have sustainable competitive advantages relative to their peers and are led by quality management teams that adhere to ethical business practices. Parnassus Investments has incorporated rigorous sustainability-related criteria into investment decisions since 1984. The office is based in San Francisco and currently employs approximately 77 people.

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Parnassus Investments is a multi-year winner of the Pensions & Investments Best Places to Work in Money Management award. Team members benefit from a supportive, collaborative culture that emphasizes quality, teamwork, and continuous learning.

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Manager or Senior Manager, Sustainability & Stewardship Overview

This position is primarily responsible for managing and executing company engagement programs, establishing industry thought leadership through involvement in working groups and collaborative initiatives, and supporting the firm's proxy voting activities. This position will also support integration and firmwide sustainability-related activities as appropriate.

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Summary of Key Responsibilities

Engagements

• Create, implement, and manage topic-specific engagement programs

• Experience in climate-related engagements preferred, including evaluating company climate-related disclosures for credibility and completeness

• Join, create, and lead investor working groups and collaborative engagements

• Develop, file, and defend shareholder proposals

• Present engagement-related reports and updates

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Strategy

• Support annual and long-term strategy planning

• Lead and execute initiatives under the firm's Climate Action Plan and other firmwide commitments

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Proxy Voting

• Support annual review of proxy voting policies

• Vote proxies

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Public Speaking, Client Servicing, and ESG Marketing

• Participate in speaking opportunities at conferences and industry events

• Provide client servicing support to Sales & Marketing on engagement programs and topics

• Support Sales & Marketing on engagement-related content creation

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Other

• Manage Sustainability & Stewardship internship program as needed

• Provide guidance on processes and policies related to sustainability-related investment, including screening, stock selection, and stewardship

• Lead industry advocacy initiatives, such as comment letters to the SEC on investor-relevant issues

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Experience, Skills, and Knowledge

• Minimum five (5) years of ESG investing, corporate sustainability, and/or engagement experience

• Excellent research, analytical, written and communication skills

• Strong interest in and knowledge of sustainability topics and themes

• Proficiency in Microsoft Office and key ESG research tools and reporting frameworks

• Ability to work with and effectively communicate with a diverse set of stakeholders

• Ability to efficiently meet deadlines and work both alone and closely with others

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Education

• Bachelor's degree required, preferably in a relevant field of study

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Being Part of the Parnassus Team Includes

• Competitive compensation commensurate with experience and skills.

• An annual bonus based on several factors including both profitability and individual performance.

• 100% coverage of medical, dental and vision premiums for you and your family with no waiting period.

• 2:1 charitable contribution matching to non-profit organizations.

• Commuter subsidy

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This position is based in San Francisco with a hybrid model of 2 days/week remote and 3 days/week in-office in San Francisco's Financial District near BART, Muni, ferries and cable cars. Occasional travel is required, and no visa sponsorship is available.