2021, with the rescheduled COP26 climate negotiations, offers a real opportunity to close the gap between the current trajectory of greenhouse gas emissions and the radical cuts needed to keep on track to limit the global temperature rise to 1.5 degrees Celsius. Action by financial institutions and corporates will be critical, with the UN’s Race to Zero Campaign serving as a central reference point. We will increasingly be holding companies to account on the detail underpinning their climate pledges, to ensure commitments will contribute to meaningful change.
Vicki Bakhshi, Director, Responsible Investment Analyst
The economic turmoil and social upheaval from the pandemic has put long-term sustainable challenges at the heart of the global agenda. Heightened public consciousness of social inequality, climate change and loss of biodiversity are putting pressure on global leaders to adopt immediate, integrated action.
As investors, we have a central role to play in driving this action, through the responsible allocation of capital and engagement with companies to encourage positive change. Engagement with a wider pool of stakeholders alongside company dialogue is crucial to success, and to meet the 2030 SDG targets. A unified voice, across business, charities, governments and increasingly the public is our most powerful tool as we pursue a sustainable recovery, the Sustainable Development Goals and ultimately a sustainable world.
Claudia Wearmouth, Managing Director, Co-Head, Responsible Investment