LGPS Central Limited supporting Paris Agreement portfolio alignment

3 May 2019

LGPS Central publishes on its website:

“LGPS Central Limited is proud to be part of a new initiative exploring how investors can align their portfolios to the goals of the Paris Agreement.

The new initiative, launched by the Institutional Investors Group on Climate Change (IIGCC), aims to help develop a common understanding of the concepts relating to alignment with the Paris Agreement, and explore options for approaches and methods that can be used by investors who wish to align their portfolios to it.

Michael Marshall, Director of Responsible Investment & Engagement at LGPS Central Limited, said: “If implemented, the Paris Agreement will introduce risks and opportunities to institutional investors. Many investors have considered aligning their portfolios to the Paris climate accord, but unfortunately there is no agreed framework for what this means in practice. The IIGCC’s initiative is vital for asset owners to understand their portfolio’s impact on a changing climate, and the impact of a changing climate on their portfolios.” ”

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