Climate change is not a new concept, but is one that is moving higher up investors’ agendas. We are increasingly engaging with companies on climate change and the potential impact on their business.
We also joined with 414 investors with a total of US$31 trillion in assets to sign a joint investor letter to governments on climate change ahead of the COP 24 summit in Poland. This is the most supported investor statement on climate change to date, and sent a powerful message to governments and regulators about investor concern over climate risk.
Given increased demand from our clients for information on our approach to climate change, this note provides an overview of Royal London Asset Management’s (RLAM) approach to climate change within our investment decision-making processes.