Obituary - Professor Paul Watchmann
Last week the world lost a giant, a friend, and a true mensch. Paul Watchmann was the only person ever to be named TBLI Hero twice and had been inducted into the TBLI Hall of Fame for pioneering ESG work and Impact Investment. (See bio below)
Paul was a great soul who always had time to help others, share his humanity, and inspire others. He had a wonderful sense of humor and a brilliant mind. He made complexity simple to understand. Never a ribbon cutter, but always the person who did the work and got on with the job. Paul didn’t get in touch to see how you could fill up his wheel barrel of stuff and leave no crumbs for others. His ask - if there ever was an ask - was never selfish or ego-driven. He genuinely wanted to help and share.
His beautiful soul will be sorely missed as we all try to continue his work to make an economy based upon well-being.
I learned so much from Paul, and I am grateful for his guidance. Paul was a truly special person. He was kind, generous, and brilliant. He made the world a better place, and he will be deeply missed.
- Robert Rubinstein.
Bio - Prof. Paul Watman:
In October 2005, Paul Watchman, working at Freshfields Law Firm, published a paper called, for the United Nations Environmental Program The Freshfields Report. This report’s title was A Legal Framework for The Integration of Environmental, social, and governance issues into institutional investment.
This report profoundly changed the landscape and laid the basis for ESG Investment
Professor Paul Q. Watchmann was a partner in one of the leading magic circle firms, Freshfields Bruckhaus Deringer. Paul produced The Freshfields Report, which has been said to be the most downloaded report in UN history. It is also credited with revolutionising market practice on the legality of integrating ESG considerations into investment decision-making by pension funds and other investment houses. Paul was named by Ethical Corporation with Hank Paulson, former United States Secretary of the Treasury, as one of the six most influential global figures in the development of sustainable finance and has been awarded the Thomson Reuters Environmental, Social and Governance (ESG) Leadership Award for Outstanding Contribution to the Development of ESG (Environment Social and Governance) in 2010.
In November 2020, we had Paul as a guest on at a TBLI Talk Webinar - to learn about his story you can watch the full session here