Investors increasingly require environmental, social and governance (ESG) factors to be integrated into investment strategies and decision-making. The physical and transition risks associated with climate change and the shift to a low carbon economy – such as the transition from fossil fuels to renewable energy – should be understood and carefully considered when making investment decisions.
In 2016, a new Investment Policy committed UNSW to conduct investment activities in a way that reflects the commitments of the Paris Agreement, the University’s endeavors to find solutions to climate change; and a leading position among university peers. Implementing a Responsible Investment Framework and transparent reporting will enable the University to manage our investment climate risks and address stakeholder concerns.
- 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.