Investor Survey Shows Sensitivity To Climate Change Risks

An August 5, 2013 survey published by the Global Investor Coalition on Climate Change – a collaboration among four regional climate change investor groups – reported on trends among asset owners and managers.  The survey elicited information on the degree to which investments are being directed away from entities that are viewed as higher risk, either because of likely increases in climate change regulation or concern about climate change-related operational impacts.

Respondents included 37 asset owners and 47 asset managers with aggregate assets in excess of $14 trillion in ten countries.  A list of survey respondents is available at page 50 of the report.  Among the key findings of the report, more than half (56%) of asset owners conducted formal or informal climate change risk assessments of their portfolios, and 45% of asset owners who did so made changes to their investment strategy in 2012 in response to such a climate change risk assessment.  Of the nine risks