Five European institutional investors awarded Climate-KIC funding to gain insight into the climate impact of their investments.
The winning organizations will receive an analysis of the emissions of greenhouse gases associated with their investments, undertaken by South Pole. CDP will provide further elaboration on the risks and details of the climate change governance and performance of companies within the portfolio.
The organizations were selected based on their potential to have a lighthouse effect on others in their respective industries and on the opportunity to enhance their climate change knowledge. Steven Tebbe of CDP states: “This is a great opportunity to help investors to understand how their investments impact on climate change including a mix of different geographical and operational models".
The five winning organizations are:
The Central Church Fund of Finland Pension Fund, Finland
• Fondazione Cariplo, Italy
• The Joseph Rowntree Charitable Trust, UK
• The Church of Sweden, Sweden
• de Pury Pictet Turrettini & Cie SA, Switzerland
Read more in our press release!