Friday, 17 August 2018

Top 500 Asset Owners Disclosure project on Climate related risks and opportunities - shows Public Sector related pension and superannuation funds are up there with the best and or lead the debate .

A report complied by AODP  The AODP Global Climate Index is the world standard for assessing the world’s largest investors on climate-risk management. The Index has been produced by assessing the world’s largest 500 asset owners including pension funds, sovereign wealth funds, insurance companies, foundations and endowments. Funds are rated from AAA through to D grade, with an extra X category being added for those funds at the bottom that appear to be doing absolutely nothing to manage this critical risk."  Quote from AODP web site. 

The full list of the top 500 Assets Owners , measured against the above quoted paragraph , which shows the strong action by Public Sector and PSI Affiliates Unions Industry Pension/Superannuation funds, can be located at https://aodproject.net/reports/

"The Asset Owners Disclosure Project (AODP), part of responsible investment organisation ShareAction, rates and ranks the world’s largest institutional investors and assesses their response to climate-related risks and opportunities. The ratings are made public, providing much-needed transparency for beneficiaries, clients, investors and stakeholders, and emphasised through advocacy and direct engagement to drive change. As the only comprehensive, climate-specific, independent, non-self-selective assessment, AODP prides itself on being the world’s benchmark of climate leadership in the investment system." Quote from AODP web site. 

Back ground at 
https://aodproject.net/leading-asset-owners-reveal-how-best-practice-on-tackling-climate-related-investment-risks-is-achievable-for-all-peers/

The full report can be located at https://aodproject.net/wp-content/uploads/2017/04/AODP-GLOBAL-INDEX-REPORT-2017_FINAL_VIEW.pdf