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    Home > Chemicals Industry > International Chemical > Six sovereign wealth funds have pledged to help combat climate change

    Six sovereign wealth funds have pledged to help combat climate change

    • Last Update: 2022-12-27
    • Source: Internet
    • Author: User
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    Six sovereign wealth funds (SWFs), with combined assets of more than $3 trillion, have pledged to help combat climate change
    .

    Six sovereign wealth funds have pledged to help combat climate change

    They pledged to invest only in companies that integrate climate risk into their strategies to help meet the Paris climate goals
    .

    The six major sovereign wealth funds include the Abu Dhabi Investment Authority, the Kuwait Investment Authority, the New Zealand Pension Fund, Norges Bank Investment Authority, the Kingdom of Saudi Arabia Public Investment Fund and the Qatar Investment Authority
    .

    Last December, the six organizations formed a working group on the Earth's sovereign wealth fund, which has now launched a new framework to integrate climate change analysis into large, long-term and diversified asset management
    .

    By using the new framework, SWFs can enhance long-term value creation, increase risk-reward ratios and improve long-term portfolio resilience
    by integrating climate issues into decision-making.

    One Earth's sovereign wealth fund hopes that other long-term institutional investors will take advantage of this framework
    in carrying out their mandates and investment objectives.

    Six sovereign wealth funds (SWFs), with combined assets of more than $3 trillion, have pledged to help combat climate change
    .

    climatic change

    Six sovereign wealth funds have pledged to help combat climate change

    Six sovereign wealth funds have pledged to help combat climate change

    They pledged to invest only in companies that integrate climate risk into their strategies to help meet the Paris climate goals
    .

    The six major sovereign wealth funds include the Abu Dhabi Investment Authority, the Kuwait Investment Authority, the New Zealand Pension Fund, Norges Bank Investment Authority, the Kingdom of Saudi Arabia Public Investment Fund and the Qatar Investment Authority
    .

    Last December, the six organizations formed a working group on the Earth's sovereign wealth fund, which has now launched a new framework to integrate climate change analysis into large, long-term and diversified asset management
    .

    By using the new framework, SWFs can enhance long-term value creation, increase risk-reward ratios and improve long-term portfolio resilience
    by integrating climate issues into decision-making.

    One Earth's sovereign wealth fund hopes that other long-term institutional investors will take advantage of this framework
    in carrying out their mandates and investment objectives.

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