COP28 made it crystal clear: achieving net zero carbon emissions by 2050 through decarbonization and transition finance cannot be done without the commitments and actions from the financial services industry. However, to manage climate risks appropriately, companies, banks and investors require access to clear, consistent, and comparable data. Learn more in the Climate Data Special Report from SIX.

To download the Climate Data Special Report, “The Road to Net Zero: The Role of Data”, simply click here.

Sparked by a wave of new regulations and growing pressure from shareholders and end investors, financial institutions – including banks, asset managers and asset owners – are playing a vital role in supporting the transition to net zero.

Financial market participants are adapting their business practices and disclosing more information about climate specific risks to better meet the mandates set by their clients, shareholders as well as regulators globally.

They are starting to evaluate climate change and transition pathway trajectories to better align financial and sustainability goals.

“As a result of the Paris Agreement, which aims to limit global warming to within a 1.5-2°C trajectory, climate risk management frameworks and regulations are focusing on climate risk and valuation assessments or, most recently, and with the launch of the Swiss Climate Scores and the Transition Pathway Initiatives in the UK, on transition trajectories and impact.”

Martina Macpherson, Head ESG Product Strategy and Management, Financial Information, SIX
Martina Macpherson

Inflows into climate change focused funds – namely funds that invest into and help finance companies which are supporting the climate transition – are on the rise. Analysis from Morningstar found that climate funds now collectively manage US$534 billion, representing 20% of all global sustainable fund assets. Since 2018, assets under management (AUM) at climate funds have increased by 14-fold, while the number of funds with climate related strategies has jumped by 30% over the last 18 months.1

Click here to download our report today, and learn what is driving this activity.

  1. Morningstar – September 26, 2023 – Assets in global climate funds march steadily higher. ↩︎