abusesaffiliationarrow-downarrow-leftarrow-rightarrow-upattack-typeburgerchevron-downchevron-leftchevron-rightchevron-upClock iconclosedeletedevelopment-povertydiscriminationdollardownloademailenvironmentexternal-linkfacebookfiltergenderglobegroupshealthC4067174-3DD9-4B9E-AD64-284FDAAE6338@1xinformation-outlineinformationinstagraminvestment-trade-globalisationissueslabourlanguagesShapeCombined Shapeline, chart, up, arrow, graphLinkedInlocationmap-pinminusnewsorganisationotheroverviewpluspreviewArtboard 185profilerefreshIconnewssearchsecurityPathStock downStock steadyStock uptagticktooltiptwitteruniversalityweb
Article

27 Apr 2015

Author:
Asset Owners Disclosure Project

Ranking of world’s largest investors reveals few mitigate climate change risks

"World’s largest investors continue to gamble on climate risk", 27 Apr 2015

Some of the world’s largest and best known investors continue to make a big gamble on accelerating climate change by investing in heavily carbon-exposed assets, while only a small minority are blazing a trail to a safer, low-carbon world. The third annual Asset Owners Disclosure Project (AODP) index of the top 500 global asset owners found that nearly a half of the funds surveyed (232) did absolutely nothing to protect investments under their stewardship from the threat of climate change...

[B]est performers...Rated AAA...are: Local Government Super (Australia); KLP (Norway); CalPERS (US), ABP (The Netherlands); Environment Agency Pension Fund (UK); New York State Common Retirement Fund (US); Australian Super; PZW (The Netherlands) and AP4 (Sweden).