Our Responsible Investment experts joined this leading event in Toronto to represent our position and subsequent efforts towards responsible investing, paving the way for future collaboration in sustainable finance.
We have been a founding signatory of the Principles for Responsible Investment (PRI), a United Nations initiative since 2006. The PRI in Person conference, the leading event on responsible investment globally, gathered more than 2,000 delegates to hear from key industry leaders to network with peers and share best practices.
For the first time, the Amundi Networking Breakfast gathered international experts and Amundi’s speakers on the theme “Accelerating the transition to a low-carbon economy: from climate risk valuation to implementation”. They shared valuable insights on climate risk modelling assessment and asset owner perspectives with:
- Travis Antoniono, Investment Director, Sustainable Investments, California Public Employees' Retirement System,
- Sofia Bartholdy, Responsible Investment Integration Director, Church Commissioners for England,
- Philippe Belanger, Head of Responsible Investment, Desjardins Group Pension Plan,
- Sergey Paltsev, Deputy Director, MIT Joint Program on the Science and Policy of Global Change.
Caroline Le Meaux, Global Head of ESG Research, Engagement & Voting and Florent Deixonne, Head of ESG Regulatory Strategy, spoke during panels on sovereign engagement and sustainable regulation themes. After concluding an inspiring three days at the PRI conference, our responsible investment experts shared very important takeaways:
- urgency of climate action: stakeholders in the race to net zero need to run the distance of a marathon in the speed required to win a sprint. Time for action is now!
- responsible investment is no longer a niche: it is mainstream, with rising global investor interest. Global ESG assets are on track to exceed USD53 trillion by 2025, representing more than a third of the USD140.5 trillion in projected total assets under management.
- call for expansion of shareholder engagement: institutional investors must continue to actively engage with companies and build an active dialogue with sovereign issuers.
emerging economies are central to achieving a just transition: with carbon lock-in becoming a key challenge for transition finance around the world, especially in emerging markets, public and private players need to exponentially increase their investments towards solutions to financing clean energy projects.