John Kerry, the US Special Presidential Envoy for Climate, declared COP26 “The starting line for the rest of the decade”.
What does this mean for our industry? Financial institutions will now need to be much better at measuring climate-related risks and opportunities using new datasets, analytical approaches, and growing experience to do so meaningfully. Portfolios will need to capture client preferences to make a positive difference and turn that into reality by understanding what Paris alignment means and executing it.
That will include new investment strategies and effective engagement with investee companies. New approaches will also be needed to efficiently finance infrastructure and business models at the scale required to deliver net zero emissions globally.
In other words, the most significant overhaul of investment management… ever.
Moderated by Tony Hay, Joint Managing Director, Responsible Investor