Global asset manager Schroders has published the latest update of its Climate Progress Dashboard and has concluded that, in the face of what was a relatively lackluster COP24 summit in December, the pace of global warming has slowed marginally thanks to higher carbon prices and increased political ambition to tackle climate change.
The cost of carbon in Europe has soared to its highest levels for almost a decade but it has not been enough to slow the pace of global warming, according to Schroders’ latest Climate Progress Dashboard update, which remains on track for 4°C.
A new study published by British multinational asset management company Schroders which surveyed over 22,000 investors has claimed that only a quarter of investors are concerned that sustainable investing would risk strong returns, highlighting the growing belief that strong investment can also yield a social impact.
Sustainable investing remains a low priority for institutional investors, according to Schroders Institutional Investor Study 2018, despite expectations that it will grow in importance over the next five years.
The current pace of global climate change remains double that of the international targets set in the Paris Climate Agreement due to a lack and speed of global action to limit its impact, according to Schroders Climate Progress Dashboard.
Doing business while simultaneously considering the impacts of social and environmental concerns is set to define business and investment moving forward, according to global asset manager Schroders.
A recent survey of 22,000 investors across 30 countries by global investment manager Schroders has found that sustainable investing is on the rise across the globe, further finding that investors see sustainable investments as a way not only to drive societal, social, and environmental change, but also as a means to earn a profit.
Global asset manager Schroders has launched its own Climate Progress Dashboard which it has designed to provide investors “a unique insight” into the global progress towards limiting global warming to the 2°C target and the overall progress of the transition to a low-carbon global economy.
