Synopsis: Every first and third Monday of the month, The Straits Times analyses the beat of the changing environment, from biodiversity conservation to climate change.
In this episode, we look more deeply at the challenges of actually achieving net zero emissions for complex portfolios held by big investment managers and the risks of greenwashing claims by bad actors.
What does achieving net zero emissions by 2050, mean for investors and what are the risks and challenges?
ST’s climate editor David Fogarty hosts his Paris-based guest Ms Clemence Humeau, head of sustainability, coordination and governance for AXA IM. This episode is brought to you by AXA Investment Managers: https://str.sg/wCpw
Highlights (click/tap above):
2:20 Achieving net zero emissions across a broad portfolio of assets isn’t easy; 65% of AXA IM’s assets under management now committed to be managed in line with net zero in 2050. What does it mean?
4:38 What goes into designing a net zero pathway?
7:10 Risk of being boycotted by the finance sector, or facing downgrades by ratings agencies, for example?
9:03 Greenwashing claims by companies, even some financial sector actors saying they are committed to net-zero emissions but still investing in polluting companies or assets
10:03 Net zero is also about investing in companies which are transitioning and trying to decarbonise their activities
12:30 Why AXA IM will divest eventually, for companies that don’t achieve decarbonisation objectives along the way
Listen to Pt 1: How insurers and asset managers can drive the green transition - https://str.sg/wFuz
More from AXA IM on responsible investing: https://str.sg/wCpi
Protecting portfolios against greenwashing: https://str.sg/wCp5
Sustainable Investing: https://str.sg/wCpS
Produced by: David Fogarty (email@example.com), Ernest Luis and Hadyu Rahim
Edited by: Hadyu Rahim
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