In the new Equitorial, Louise Dudley, Global Equities Portfolio Manager at Hermes Investment Management, looks at how to assess and manage the investment risks associated with climate change as we transition to a low-carbon economy.
“We need 2018 to be the year of investor leadership on climate change.”
So said Mindy Lubber, CEO and President of sustainability non-profit Ceres, reflecting on the 2018 Investor Summit on Climate Risk at the United Nations on 31 January. At Hermes, we agree. Climate change is – both literally and metaphorically – a slow-burn issue, but the grave risk it poses over time is disconcerting.