InvestNow News 8th Nov – AMP Capital – Three key learnings from a global gathering on climate change
1st Nov 2019 – Adam Kirkman – Head of ESG Sydney, Australia
The annual PRI in Person conference was held in Paris this year, with the theme of Responsible investment in an age of urgent transition. Despite the complexity of the existential crisis we face, there were three simple take-aways from the mass gathering.
The conference was the largest responsible investment conference ever held, with 1,700 delegates, over 100 speakers and approximately A$80 trillion in funds under management represented.
The PRI is the largest advocate for responsible investing in the world and is supported by, but not part of, the United Nations. It encourages investors to use responsible investment to enhance returns and better manage risks and engages with global policymakers regarding environmental, social and governance (ESG) issues impacting investors and, ultimately, society as a whole. The PRI is supported by global signatory base representing a majority of the world’s professionally managed investments.
So, what were the key messages?