Climate change - Thought leadership and discussion papers

PRI’s ambitious thought leadership programme seeks to advance new topics for discussion in the industry and seek practitioners’ feedback, as well as advancing industry initiatives aimed at improving the data and disclosures available to investors on climate change.

The Inevitable Policy Response: 2022 Quarterly Forecast Trackers
2022-04-27T05:00:00+01:00
Building on the October 2021 IPR 1.8C Forecast Policy Scenario (FPS) and 1.5 degree Required Policy Scenario (RPS) policy suite, in 2022 IPR is issuing Quarterly Forecast Trackers (QFTs) assessing climate policy, technology and land use developments and acceleration or deceleration in policy ambition against these 2021 IPR scenarios.
Q1 2022 Quarterly Forecast Tracker
2022-04-27T05:00:00+01:00
This first QFT update covers the period from October 2021 (when the 2021 FPS 1.8°C FPS and 1.5°C RPS was released, pre-COP 26) to mid-April 2022
Discussing divestment: Developing an approach when pursuing sustainability outcomes in listed equities
2022-04-04T14:03:00+01:00
For listed equity investors, the decision to engage with or divest from ESG laggards depends on the ESG issues concerned as well as the (sustainability) objectives of their clients and beneficiaries.
Are the TCFD recommendations useful for credit risk analysis?
2022-02-28T08:00:00+00:00
Read about how investors and credit rating agencies use the information provided by companies following the recommendations of the Taskforce on Climate-related Financial Disclosures in their credit risk analysis.
Shorting and responsible investment: A review
2021-10-15T07:00:00+01:00
The PRI has a growing number of signatories that allocate to investment strategies that use shorting. These signatories also seek to adhere to the PRI’s six Principles.
Sector pathways to net zero emissions
2020-12-10T13:20:00+00:00
The UN-convened Net-Zero Asset Owner Alliance commissioned the Institute for Sustainable Futures (ISF) at the University of Technology Sydney (UTS) to apply their One Earth Climate model to sectors as defined by sector classification schemes commonly used in finance.
What is the Inevitable Policy Response?
2019-09-08T22:03:00+01:00
Financial markets today have not adequately priced-in the likely near-term policy response to climate change. The Inevitable Policy Response (IPR) is a pioneering project which aims to prepare investors for the associated portfolio risks.
TCFD Recommendations: Country reviews
2017-06-13T10:06:00+01:00
The PRI and Baker McKenzie undertook a review during mid-2017 of how the TCFD’s voluntary recommendations integrate into existing regulation and soft law in Brazil, Canada, the EU, Japan, the United Kingdom and the USA.
Impact investing market map
2018-08-20T00:00:00+01:00
Over the last decade, impact investing has shifted from a disruptive investment concept to a complex and rich investment ecosystem.
Greening institutional investment
2016-09-05T15:36:00+01:00
This paper takes stock of institutional investor experience with mobilising green capital for green investment and mainstreaming green factors across asset classes.
Reducing emissions across the portfolio
2015-05-22T00:00:00+01:00
A growing number of asset owners want to know how their assets are exposed to climate change related risks, and the role that they can play in an orderly transition to a lower carbon economy.

More thought leadership

Accounting for climate change

Investors are calling out for hard information on the financial impacts climate change will have on companies. The financials define profitability and drive executive remuneration, so ensuring they properly reflect climate-related risks is crucial. Investment decisions, both by companies and investors, depend on the numbers disclosed in the audited financial statements.