The Institutional Investors Group on Climate Change has published new guidance for investors on integrating climate change risk into their investing.
With over 230 members, representing over €30 trillion in assets, the IIGCC says the new guidance will help investors to:
• Better understand the investment implications – both risks and opportunities – resulting from the physical impacts of climate change.
• Take practical steps to identify, assess and manage climate-related physical risks across their portfolios, through the approaches covered in the guidance.
• Identify ways to invest in solutions that support greater resilience to climate change as well protecting investments from physical-climate related risks. Both approaches are key to strengthening broader societal adaptation to climate change.
• Draw on additional available tools and data sources in identifying and assessing specific risks, and opportunities, across different asset classes.
The full guidelines can be found below: