Ninety One, SA’s largest private sector asset manager, has appointed Nazmeera Moola as its chief sustainability officer, a newly created role that will require its former head of SA investments to oversee initiatives across its global operations.

Moola, who joined Ninety One in mid-2013, will also be responsible for overseeing the asset manager’s advocacy and engagement with investee companies on their transition towards achieving net-zero carbon emissions by 2050. That will require her to engage with the more than 1,000 holdings the firm has across its portfolios on how they are reducing emissions, about 50% of which stem from just 23 companies...