Climate change and environmental issues pose both risks and opportunities for the long-term performance of our clients’ investments.
We are working with our external fund managers, and with the listed companies in which we invest, to address these impacts. Our Climate Change Adaptation Plan outlines how we will do this by:
- weather-proofing our investment portfolio by assessing asset specific climate change risks and looking at options to build resilience;
- engaging with corporate boards and senior executives to proactively assess and manage climate change risk; and
- finally, by seeking new investment in renewable energy assets and other sectors that benefit from climate change adaptation.
In addition to being a signatory to the United Nations Principles of Responsible Investment, we are signatories to the recent Climate Action 100+, which was launched recently at the One Planet Summit in Paris. This program seeks to engage the world’s largest green-house gas emitting companies on climate action.