A Sustainable Investment in Journalism

A sustainable business requires diverse revenue streams. ESG Investor now operates a subscription service as of Tuesday 14th May. To find out more please get in touch with our subscription team on subscriptions@esginvestor.net

Amundi, AIIB, CBI Publish Climate Adaptation Report

A report offering a sector, company, and issuer performance overview on climate adaptation, has been unveiled by French asset manager Amundi, the Asian Infrastructure Investment Bank (AIIB), and Climate Bonds Initiative (CBI). The Companies and Climate Change report evaluated 208 companies across eight sectors and found that performance varied “due to data and quality gaps” and noted that reporting and alignment to Paris Agreement objectives was “inconsistent”. The report also found that companies had made progress on climate, with the majority having adopted climate mitigation strategies, procured renewable energy, and reported on emissions. However, it warned that climate adaptation “still requires work”, with fewer firms having set science-based targets or committed to net zero goals. Additionally, the report highlighted that the majority of transition-contributing companies are “unprepared for climate risks”, with only 14% having adaptation and resilience plans, leaving them “exposed to potential financial loss”. 

The practical information hub for asset owners looking to invest successfully and sustainably for the long term. As best practice evolves, we will share the news, insights and data to guide asset owners on their individual journey to ESG integration.

Copyright © 2024 ESG Investor Ltd. Company No. 12893343. ESG Investor Ltd, Fox Court, 14 Grays Inn Road, London, WC1X 8HN

To Top