Allianz points to next steps beyond carbon footprinting
In an article for Institutional Investor Magazine, Simone Ruiz-Vergote of Allianz Climate Solutions explains why new instruments to assess carbon risks in portfolios are needed. The carbon footprinting of assets is a necessary first step but not sufficient to properly assess the consequences of climate action for the real and financial sector. Simone Ruiz-Vergote was part of a study of the Institute for Sustainability Leadership of the Cambridge University, which presented innovative approaches to make climate risks more tangible for the financial sector and especially institutional investors.
Allianz Climate Solutions | Munich, June 2016