Major Nordic asset managers promote UN-backed investor guide

Twenty institutional investors, including the asset management divisions of Nordea, DNB and Storebrand, have launched a guide to asses the impact of climate change on investment portfolios.

A network of 20 institutional investors convened at the UN Environment Finance Initiative (UNEP FI) has launched a guide to help assess how climate change and climate action can potentially impact investment portfolios all over the world.

This guide – or pilot project – builds on recommendations from the Task Force on Climate-related Financial Disclosures (TCFD) on how corporates and financial institutions should conduct forward-looking scenario-based assessments of risk and opportunities, and how to implement the recommendations accordingly

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