Asset Consultants Survey - The Climate Institute

CLIMATE CHANGE INVESTMENT INITIATIVE UPDATE – Asset Consultants SurveyQ3.1 To what extent will you be advising clients in the future to consider implementingclimate change or carbon as an asset class?*Note that more than one option can be selectedResponse %For some clients, depending on their portfolio or needs 44%When clients request this 33%Will be considering the issue in the next 12 months 22%For all clients 11%Not at all -%Q3.2 Do you provide services or advice to superfund clients to enable them to calculate thetotal value of their investments in climate change related assets?Response %Yes 11%No 78%Other (by recommending specialists) 11%Total 100%3.3. Assessment of portfolio level climate change risk exposureIn relation to long-term risk management, there was a lot of uncertainty from the majority ofthe respondents at this point as to how the G20 communiqué would change superfunds’requirements, with 33% believing that there would be an impact at some point in the futureand 44% undecided.Q4.1 Do you believe that the G20 communiqué on long-term risk management will have animpact on how your superfund clients will be required to manage long-term risk?Response %Yes 11%No 11%Yes, at some point in the future 33%Not sure at this stage 44%Total 100%Substantial improvements are required from asset consulting firms in the area of riskmanagement relating to climate change, with 67% of respondents not offering any services toassess climate change risk exposure. It was promising however to note that while only 11%PAGE 12CLIMATE CHANGE INVESTMENT INITIATIVE UPDATE – Asset Consultants Survey