The third iteration of the UNEP FI Asset Management Working Group’s ground-breaking “Materiality Series,” which started in 2004 with “The Materiality of Social, Environmental and Corporate Governance Issues to Equity Pricing” and was followed in 2006 by “Show Me The Money: Linking Environmental, Social and Governance Issues to Company Value,” exclusively tackles climate change. The 2009 report, launched today at the Principles for Responsible Investment Annual Event in Sydney, Australia, comes just months before the critical UN Climate Change Conference in Copenhagen this December, which will determine the post-Kyoto Protocol regime. The report provides a comprehensive review of key financial analyst research on climate change in order to accelerate the integration of climate change risks and opportunities into fundamental financial analysis and practice. Furthermore, it demonstrates yet another robust example of why it is vital for the financial markets that policymakers seal an effective, efficient and equitable global deal in Copenhagen.
Published: 2009 | by: UNEP FI

Executive Summary: The materiality of climate change — How finance copes with the ticking clock (54 KB | 10 pages)