Climate change is a global phenomenon and has potential to affect all companies, sectors and countries across the world. Climate change is therefore one of the most financially significant environmental concerns facing investors today.
University of Cambridge Institute for Sustainability Leadership (2015):
Introducing the world's first climate impact rating for investment funds.
Under the project name "CLIMPAX", CDP Europe and South Pole Group are developing the first climate rating for investment funds.
The rating will give fund investors the first ever tool to integrate climate change into fund selection, monitoring and asset manager engagement.
"CLIMPAX" fund ratings will measure the degree to which a fund is invested in companies exposed to climate change risks and reflect its recognition of climate change as an important investment factor.
The "CLIMPAX" project is supported by: