Climate change has the potential to disrupt economies worldwide and challenge companies across sectors and geographies, to varying degrees. As a fiduciary whose objective is to enhance long-term value with respect to the investments we make on behalf of our clients, our focus is on progressing best practices and engaging with companies on their disclosure, plans, and progress regarding the climate-related risks and opportunities relevant to their business, as well as on developing climate-related investment solutions in response to client demand.
As an organization, we will continue to prioritize the management of climate-related risks, plans, and opportunities in relation to our clients’ portfolios. Our annual TCFD report explores how we approach climate-change risk analysis and management.
The TCFD was created by the Financial Stability Board to address the needs of financial markets for clear, comprehensive information on the impacts of climate change. This includes the risks and opportunities presented by a changing climate, climate-related policy, and emerging technologies.
The information provided does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor's particular investment objectives, strategies, tax status or investment horizon. You should consult your tax and financial advisor.
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The returns on a portfolio of securities which exclude companies that do not meet the portfolio's specified ESG criteria may trail the returns on a portfolio of securities which include such companies. A portfolio's ESG criteria may result in the portfolio investing in industry sectors or securities which underperform the market as a whole.
Responsible-Factor (R Factor) scoring is designed by State Street to reflect certain ESG characteristics and does not represent investment performance. Results generated out of the scoring model is based on sustainability and corporate governance dimensions of a scored entity.
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