Asset Consultants Survey - The Climate Institute

CLIMATE CHANGE INVESTMENT INITIATIVE UPDATE – Asset Consultants SurveyThe survey results also demonstrated that asset consulting firms were not particularly activein participating in the debate around climate change. Very limited initiatives were carried outaround lobbying or dialogue in relation to government policy and industry regulation onclimate change issues. 78% of companies surveyed had never participated in this at all.However, it may be the case that asset consultants see this primarily as the responsibility oftrustees.Q2.3 Have you engaged in dialogue, lobbying or initiatives pertaining to government policyand/or industry regulations (i.e., stock exchanges, accounting standards) related to climatechange issues? Please select one option.Response %Not at all 78%To a large extent 11%To a small extent 11%Planning to in the next 12 months -%Total 100%Incorporating climate change within services provided to clientsThere was unequivocal evidence demonstrating that the biggest driver for asset consultantsto integrate climate change would be if there was a significant demand from their clients. Notonly did an overwhelming 89% of respondents consider integrating climate change risks andopportunities as being consistent with their obligations towards superfunds, but the primarymethod of which climate change has been emphasised as a priority so far has been as partof the delivery of client services.Q2.4 Does your firm consider integrating climate change risk / opportunity into investmentpolicy / strategy as being consistent with your obligations to providing client services tosuperfunds? Please select one option.Response %Yes 89%No 11%Total 100%PAGE 10CLIMATE CHANGE INVESTMENT INITIATIVE UPDATE – Asset Consultants Survey