Climate change has become an increasingly prominent issue on the agenda of investors. Financial institutions have begun to respond to the broader societal move towards a low-carbon economy, but there is also a growing awareness of the potential financial risks associated with climate change. From a financial institution's perspective, acting for the climate will require metrics and models to measure the appropriate response.
Today's Climate Investment Summit by South Pole Group, organised in partnership with Veckans Affärer, aims to offer insights on how investors can measure and evaluate climate risk in investment portfolios and create fossil free portfolios. It will explore, among others, the future prospect of government regulations for the financial sector and civil society's expectations in creating transparency in the investment community.
Several financial players have started to measure the carbon footprint of their investment portfolio to learn more about the inherited risks and opportunities, among them one of the participants at Veckans Affärer, Öhman Fonder. The fund has recently carried out a Climate Impact Assessment with South Pole Group in order to report its carbon footprint and engage with clients on the topic of climate change.
" Our clients and stakeholders value our initiative and efforts to offer them long-term solutions as opposed to quick fixes. The Climate Impact Assessment has increased our transparency and helped us lead the way in the Swedish market," states Fredric Nyström, Head of Responsible Investment at Öhman Fonder, who will be speaking on measuring climate risk in investment portfolios. Other speakers will include Magnus Emfel, Senior Advisor Green Finance, WWF International; Anna Follér, Sustainability Manager, AP6 and Anette Andersson, Fund Manager / ESG Investment Specialist, SEB Asset Management, among others.
