Navigating Our World

Our house sits next to a river. We see the water slowly rising year after year and threatening to flood the foundation. Then, a house fire erupts. What do we do? If we don’t act against both the fire and flood, our house will be gone.

Doug Baker, Chairman and CEO of Ecolab, believes climate change is a serious business risk that must be addressed even amidst a burning pandemic, as he describes in his house-on-a-river parable. In conversation with Brown Advisory’s Karina Funk, Baker discusses climate risk and lessons of the pandemic from his vantage point at the helm of Ecolab, which provides technology for clean water, safe food and hygienic environments to three million businesses around the world.

Show Notes

Our house sits next to a river. We see the water slowly rising year after year and threatening to flood the foundation. Then, a house fire erupts. What do we do? If we don’t act against both the fire and flood, our house will be gone. 
 
Doug Baker, Chairman and CEO of Ecolab, believes climate change is a serious business risk that must be addressed even amidst a burning pandemic, as he describes in his house-on-a-river parable. In conversation with Brown Advisory’s Karina Funk, Baker discusses climate risk and lessons of the pandemic from his vantage point at the helm of Ecolab, which provides technology for clean water, safe food and hygienic environments to three million businesses around the world.


Guest:
Doug Baker
Chairman and CEO, Ecolab

Host:
Karina Funk, CFA
Portfolio Manager; Chair of Sustainable Investing, Brown Advisory

Background Reading:

Please visit the Navigating Our World website to listen to our first episode: We've Been Here Before (and Made It Through): A Conversation with Jon Meacham, historian and Pulitzer Prize-winning author.

The views and opinions expressed in this podcast are those of the speaker(s) and do not necessarily reflect those of Brown Advisory. These views are not intended to be and should not be relied upon as investment advice and are not intended to be a forecast of future events or a guarantee of future results. The information provided in this podcast is not intended to be and should not be considered a recommendation or suggestion to engage in or refrain from a particular course of action or to make or hold a particular investment or pursue a particular investment strategy, including whether or not to buy, sell, or hold any of the securities mentioned. It should not be assumed that investments in such securities have been or will be profitable. There is a risk that some or all of the capital invested in any such securities may be lost. This piece is intended solely for our clients and prospective clients, is for informational purposes only, and is not individually tailored for or directed to any particular client or prospective client

What is Navigating Our World?

We launched Navigating Our World in 2008 to mark our 10th anniversary as an independent firm. Each NOW conference—this year would have marked our seventh—is meant to embody our commitment to seeking out fresh and diverse views, learning from experts across disciplines, and challenging conventional assumptions. While we have shifted our conference format to a podcast series due to the pandemic, we remain steadfast in our belief that thoughtful inquiry, encompassing varied perspectives, helps us make better decisions for clients and makes us more effective contributors to our communities. As a firm, we aspire to raise the future—and NOW helps us get there.

Please visit www.brownadvisory.com/now2020 to listen to our first episode: We've Been Here Before (and Made It Through): A Conversation with Jon Meacham, historian and Pulitzer Prize-winning author.

The views and opinions expressed in this podcast are those of the speaker(s) and do not necessarily reflect those of Brown Advisory. These views are not intended to be and should not be relied upon as investment advice and are not intended to be a forecast of future events or a guarantee of future results. The information provided in this podcast is not intended to be and should not be considered a recommendation or suggestion to engage in or refrain from a particular course of action or to make or hold a particular investment or pursue a particular investment strategy, including whether or not to buy, sell, or hold any of the securities mentioned. It should not be assumed that investments in such securities have been or will be profitable. There is a risk that some or all of the capital invested in any such securities may be lost. This piece is intended solely for our clients and prospective clients, is for informational purposes only, and is not individually tailored for or directed to any particular client or prospective client.