A Collaborative Investor Response to Climate Change

This chapter begins with a few home truths about the lack of action amongst institutional investors in responding to climate change and sets out some possible reasons for that. The conditions for a collaborative framework for pension schemes and other institutional investors will then be presented, where opportunities exist both at the industry level and also in implementing specific investment strategies. Some of the collaborative initiatives that have emerged over recent years in relation to climate change at the industry level will be discussed, before moving on to examine some specific actions that like-minded institutional investors could take to benefit from a shift to a lower carbon economy