How can investors capitalise on risks and opportunities associated with climate change regulation? The French Energy Transition Law, effective since January 2016, will potentially have ground-breaking implications for climate change. The law sets out a roadmap to mitigate climate change and diversify the French energy mix, marking a turning point in carbon reporting for institutional investors, as well as in strengthening mandatory carbon disclosure requirements for listed companies.
"One of the expected consequences of the Energy Transition Law is an increased willingness of companies to discuss energy and environment-related topics with their shareholders, as they anticipate mandatory disclosure. This is an opportunity for investors to further engage with companies." says Annie Degen, Special Advisor – Long Term Finance and UNEP FI Energy Effciency Coordinator.
The law has already picked up interest across the globe, which can be attributed to its pioneering nature. It is therefore recommended that signatories around the world understand how they could respond to such a law, including by measuring and disclosing their emissions exposure.
As an experienced provider of climate friendly solutions to the financial industry, South Pole Group offers a wide range of solutions to investors, with a suite of portfolio analytics that enable investors to comply with new regulatory requirements. Therefore, and as a follow-up to a webinar on how investors can capitalise on risks and opportunities associated with climate change regulation, the Group has recently published a content piece on Article 173 of the French Energy Transition Law. "Article 173 of the French Energy Transition Law requires investors to go far beyond previous voluntary climate-related initiatives. Our climate friendly portfolio analytics enable French investors to meet the new climate reporting requirements. The new content piece uncovers the vital points of the law, relevant for investors, and how the we can support in the disclosure process." says Guillaume Goton, Key Account Manager, Financial Industry, South Pole Group.
Have a look at the new content piece on Article 173 by downloading the PDF-file below.