Highlighting the growing demand for education and research in sustainable investing, Eaton Vance subsidiary Calvert Research and Management announced today the launch of the Calvert Institute for Responsible Investing. Calvert’s goal in establishing the new institute is to drive positive change through the advancement of understanding and promotion of best practices in responsible investing.

The establishment of the Calvert Institute continues an emerging trend among sustainable investment management firms in providing research and education services to investors to support the developing field of responsible investing. Last week, New York Life Investments launched the CANDRIAM Academy, aimed at financial advisors and intermediaries to enhance their awareness and knowledge of sustainable investing. The Calvert Institute is targeted to large asset owners as well as individual investors.

By promoting and enabling sustainable investment practices through research, education and collective action, the Calvert Institute seeks to direct the power of financial markets towards addressing global challenges such as environmental degradation, climate change, racial inequality and social injustice. Calvert announced that in addition to internal research and education services, the institute will also  partner with leading academic organizations, industry groups and other responsible investors to create and sponsor third-party research focused on these relevant ESG issues.

Commenting on the establishment of the Calvert Institute, John Streur, President and Chief Executive Officer, said:

“For many years, Calvert has been a global leader in responsible investing and a catalyst for positive change through our research and engagement efforts. By creating the Calvert Institute, we broaden the scope of our mission and programs in support of responsible investors and society as a whole.”

Anne Matusewicz, a director of the Calvert Institute, added:

“We are thrilled to have this opportunity to contribute to the further development of responsible investing. We want to help investors understand the role they can play in promoting positive change. Examining race and injustice, climate change and other critical issues will allow us to amplify voices that challenge the status quo based on research results and educate individuals and institutions at various stages of their responsible investment journey.”