Macquarie Asset Management announced today the appointment of Kristina Kloberdanz as Chief Sustainability Officer. Kloberdanz joins the firm after serving as CSO at Mastercard.

In her new role, Kloberdanz will lead the delivery of the company’s ESG commitments, while scaling efforts to operationalize sustainability and ESG across the firm’s investment and asset management processes. These include Macquarie Asset Management’s commitment to including its target to manage its portfolio in line with net zero emissions by 2040, in addition to initiatives targeting the green energy transition, biodiversity, community impact, health and safety, diversity equity, and inclusion, and modern slavery.

Ben Way, Group Head of Macquarie Asset Management, said:

“We are thrilled to welcome Kristina to Macquarie and know she will play an important role in driving progress across our sustainability priorities and commitments – ensuring every investment we make is aligned with our vision to deliver positive impact for everyone.”

Kloberdanz has served as Chief Sustainability Officer at Mastercard since 2018, where she was responsible for establishing and embedding the company’s sustainability strategy, including spearheading Mastercard’s 2040 net zero commitment, and leading financial inclusion efforts to bring one billion people into the financial mainstream and the Mastercard Impact Fund. Prior to Mastercard, Kloberdanz spent 24 years at global technology and business services provider IBM, including serving as Corporate Responsibility Leader, overseeing IBM’s global corporate responsibility strategy and brand reputation.  

Kloberdanz, said:

“I am joining a highly talented and committed team, that is passionate about its sustainability journey and energised by the opportunity to make a difference. While we have a significant task ahead, particularly as we seek to decarbonise our global portfolio, I’m excited and optimistic about the progress and commitments Macquarie has made to its communities, clients, employees and stakeholders.”