Funds Industry Report - Flipbook - Page 6
Ann Prendergast State Street Global Advisors
view to delivering improvements that will
investment solutions will need to develop in
enable Ireland to increase its global competi-
order to achieve meaningful reductions in
tiveness in this area.
targeted climate-related exposures, coupled
with signicantly increased exposure to green
Apart from the dreadful human toll, climate-related disasters bring value destruction when it
impacts supply chains and production. It’s
sector and low-carbon revenues.
The Way Forward
important to note that our focus on climate risk
is not about imposing a particular set of values
The aspirations and needs of investors around
on others, it’s about promoting research-driven
the roles and impact of ESG within their portfo-
value in our investments.
lios continue to evolve. The industry is seeking
a more sustainable approach to investing, one
Companies have highlighted to us the chal-
that enables us to address our ethical and
lenges in identifying and measuring the nan-
responsible investing needs and focus on
cial impact of climate risk, and in implement-
long-term value creation.
ing strategies to mitigate that risk. Sometimes
it’s about not having the appropriate enter-
Most institutions will struggle to adapt or nd
prise systems to capture the necessary data,
solutions to these challenges by themselves.
but quite often it stems from not understand-
Quality partnerships and ongoing dialog —
ing how to implement an appropriate mitiga-
with both peers and providers — will be crucial
tion strategy.
to helping investors to harness the potential of
ESG.
Our goal is to offer investable solutions that
incorporate exclusionary screening, mitigation,
To nd out more visit ssga.com/ESG Investing
and mitigation and adaptation. As climate
science evolves and goals set by the scientic
community become more aggressive, our
1 AUM reects approximately €29.1 billion (as of March 31, 2019), with respect to which State Street Global Advisors
Funds Distributors, LLC (SSGA FD) serves as marketing agent; SSGA FD and State Street Global Advisors are afliated.
State Street Global Advisors Ireland Limited is regulated by the Central Bank of Ireland. Registered ofce address
78 Sir John Rogerson’s Quay, Dublin 2. Registered number 145221. T: +353 (0)1 776 3000. ssga.com
Investing involves risk including the risk of loss of principal. The whole or any part of this work may not be reproduced, copied or transmitted or any of its contents disclosed to third parties without SSGA’s express written consent.
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