NOW: Pensions adapts new investment strategy to accelerate climate action | News
NOW: Pensions has adopted a new investment strategy to accelerate climate action.
The new narrative-based scenario analysis, outlined in its Task Force on Climate-Related Financial Disclosures (TCFD) report, reinforces that a 3°C or higher warming scenario would be catastrophic for most investment portfolios as the systematic economic consequences would likely be dire.
NOW: Pensions added that the new strategy strengthens the master trust’s commitment to make a real-world impact by stewarding its company holdings in a way that will contribute to limiting global warming to 1.5-2°C by 2050.
As part of the change in its investment strategy, the master trust’s global equity investments are managed directly by its in-house investment…
