Launch of investors’ climate change adaptation report
USS, in collaboration with three institutional investors and climate change specialists, Acclimatise, has launched “Managing the Unavoidable: investment implications of a changing climate”. The report argues that companies and their investors are failing to take climatic changes properly into account in their investment decisions.
It builds on four sector specific reports commissioned from Acclimatise in 2008 and calls on investors to ensure that companies have clear strategies for responding to climate change and reporting on risk assessment processes. It also urges investors to play a much more proactive role in public policy debates on adaptation, highlighting a need to develop long-term policies which enable companies to plan and invest appropriately. See the Responsible Investment section on our website or here or further details and free downloads of the sector reports.