How investment firms are integrating climate risks in their portfolios

Oct 14, 2022

Ask episode

Chapters

Transcript

Episode notes

Are You Identifying the Winners and Losers of the Transition to Net Zero?

05:27 • 3min

Getting to Net Zero - What's Your Investment Strategy?

08:44 • 5min

The Role of ESG Regulation in Sustainable Investing

13:59 • 6min

Do You Think the Standards Are Helpful?

19:33 • 3min

As extreme weather events such as Hurricane Ian intensify, the urgency of combatting climate change is increasing. The investment community is taking steps to make investment products low-carbon and reduce risk across portfolios. But what does that look like in practice?

In this episode of the ESG Insider podcast, we speak to two London-based investment managers on the sidelines of an S&P Global Sustainable1 event in London about what investors are doing to understand and manage climate risk in their investment portfolios.

We hear from Gustave Loriot-Boserup, Responsible Investment Manager at London LGPS CIV, which manages the assets of London’s Local Government Pension Scheme.

"We view ESG and climate risk as a systemic risk. So regardless of the investment product that we launched on our platform, we will expect all of our investment managers to have developed an appropriate set of resources to identify, to measure and to integrate ESG issues into their investment decision-making processes," Gustave says.

We also speak to Cathrine de Coninck-Lopez, Global Head of ESG at Invesco. She tells us that adaptation financing could be a major theme at the upcoming United Nations climate conference, COP27.

"There isn't a framework for how you define adaptation. Issuers don't really understand it. And that the financing right now is not there for it is obviously a huge problem in a context where the world is changing today," Cathrine says.

We'd love to hear from you. To give us feedback on this episode or share ideas for future episodes, please contact hosts Lindsey Hall (lindsey.hall@spglobal.com) and Esther Whieldon (esther.whieldon@spglobal.com).

DISCLAIMER

By accessing this Podcast, I acknowledge that S&P GLOBAL makes no warranty, guarantee, or representation as to the accuracy or sufficiency of the information featured in this Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast is done at your own risk. This Podcast should not be considered professional advice. Unless specifically stated otherwise, S&P GLOBAL does not endorse, approve, recommend, or certify any information, product, process, service, or organization presented or mentioned in this Podcast, and information from this Podcast should not be referenced in any way to imply such approval or endorsement. The third party materials or content of any third party site referenced in this Podcast do not necessarily reflect the opinions, standards or policies of S&P GLOBAL. S&P GLOBAL assumes no responsibility or liability for the accuracy or completeness of the content contained in third party materials or on third party sites referenced in this Podcast or the compliance with applicable laws of such materials and/or links referenced herein. Moreover, S&P GLOBAL makes no warranty that this Podcast, or the server that makes it available, is free of viruses, worms, or other elements or codes that manifest contaminating or destructive properties.

S&P GLOBAL EXPRESSLY DISCLAIMS ANY AND ALL LIABILITY OR RESPONSIBILITY FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR OTHER DAMAGES ARISING OUT OF ANY INDIVIDUAL'S USE OF, REFERENCE TO, RELIANCE ON, OR INABILITY TO USE, THIS PODCAST OR THE INFORMATION PRESENTED IN THIS PODCAST.