Investors & Climate Risk

Divest-Invest: A Practical Guide on Climate Change Action for Investors

Publication :December 2017
How to divest from fossil fuels and invest in the green economy? A growing number of investors have committed to take action on climate change. However, they have not always adopted a strategy to shift their assets from a high carbon (brown) economy to a low carbon economy (green). This guide provides a framework of possible strategies.

Investors & Climate Risk

173 Shades of Reporting: Focus on French Institutional Investors

Publication :November 2017

Article 173-VI of the French Energy Transition Law aims at shedding light on investment practices amongst French institutional investors. The Novethic’s study 173 shades of reporting analyses responses from 100 leading French institutional investors - insurance, pension, retirement and social protection companies – on France’s ground-breaking climate risk reporting law.

Investor action on climate change

Publication :September 2017

74% of asset owners who signed the Principles for Responsible Investment (PRI) state that they are taking action on climate change. The statistics show the progression of climate-related risks among the financial sector. A phenomenon underpinned in the latest PRI-Novethic report analyzing the responses of 1.800 PRI signatories.

Montréal Carbon Pledge, accelerating investor climate disclosure

Publication :August 2016

By signing the Montréal Carbon Pledge, investors commit to measure the carbon footprint of their investment portfolios and disclose this on an annual basis. The Pledge was launched on September 2014 at PRI in Person in Montréal, and it has attracted commitment from over 120 investors with over US$10 trillion in assets under management. In this study, conducted in partnership with the PRI, Novethic draw up a progress report on the climate disclosures of the signatories between the COP21 and the end of June 2016.

Article 173 of the French Energy Transition law. Implications, First Steps and Impact

Publication :April 2016

Article 173 of the Energy Transition Law is an innovative law. By adopting it, France becomes the first country to introduce disclosure requirements for asset owners on their management of climate-related risks, and, more broadly, on the integration of ESG parameters in their investment policies. This could transform the French responsible investment industry. Novethic offers an overview of this law and its implications. This paper constitutes a useful set of guidelines to help investors and observers understand this complicated new measure.

RI Trend

Investors in search of impact: Strategies, innovations and challenges

Publication :July 2017

Novethic has published an analysis of the social and environmental impact approaches that have emerged in the field of responsible investment. Often structured around the Sustainable Development Goals (SDGs), their positioning builds bridges between the traditional categories of responsible investment and impact investing.

French RI Market

The Novethic Indicator: High-impact SRI Numbers / Q1 2017

Publication :June 2017

Novethic Research Centre, the responsible investment expert, has been evaluating and quantifying the French market since 2001. This year, the research centre is upgrading its analysis to focus on the part of the market where integrating Environmental, Social and Governance (ESG) issues into asset management has the greatest impact on the portfolio mix. High-impact SRI combines SRI and themed funds. These 122 funds, which are displaying real momentum, make up nearly 20% of the SRI fund market in France.

Responsible Investment reaches €746 billion in France in 2015 (+29%)

Publication :June 2016

Novethic’s annual survey, carried out with the FIR, divides responsible investment strategies into three categories according to the impact of the ESG analysis of issuers on the composition of the portfolio. The “High-impact SRI” category, with highly significant impact, represents €54 million in AuM.

RI by Asset classes

The European Green Funds Market

Publication :March 2017

This exclusive study, produced with the support of ADEME, analyses the European green funds market’s trends. The research centre reviewed a selection of 165 funds, that are available in 16 countries and now hold assets of € 22 bn thanks to a 47% growth over the past 3 years. The study analyses the funds’ environmental themes, the companies in their portfolios and what attracts investors to this type of investment.

Green bonds: an investors' perspective

Publication :November 2016

Green bonds, which are used to raise funds for environmental projects, are a fast-growing sector with strong investor interest. What do investors want from these bonds? What guarantees do they look for? Novethic’s research centre has carried out the first study of its kind, surveying a representative panel of investors with a combined €7.7 billion in green bonds to explore buyer sentiment towards this new market.