At UNSW, we manage our investments prudently to protect capital and earn an acceptable return at an appropriate level of risk however, our investment activities must also reflect the University’s organisational strategy, research objectives, and ethical position. The risks and opportunities associated with climate change and the shift to a low carbon economy – such as the transition from fossil fuels to renewable energy – should be factored into investment decisions.
In 2016, a new Investment Policy committed UNSW to conduct investment activities in a way that reflects the University’s endeavours to find solutions to climate change. Implementing a Responsible Investment Framework reporting will enable the University to manage and report on our investment climate risks.
- Align investment portfolio emission intensity with Paris Agreement commitments by 2020.
- Complete a climate risk assessment in line with the recommendations of the Task Force for Climate-related Financial Disclosures (TCFD).
- Establish a Responsible Investment Framework consistent with the Investment Policy and UN Principles for Responsible Investment.
- Set an investment portfolio emission intensity target and report annually in line with TCFD recommendations.