Principles for Responsible Investment Reporting Deadline: A Sprint to the Finish
Time is running out for real asset investors & asset managers to answer Climate Change questions
By: R4 Advisors
In the face of this looming April 29th reporting deadline, R4 Advisors is inviting Signatories with real estate, infrastructure and agriculture/
R4 Advisors, a collaboration between established real assets consulting firms Risk Nexus and RealAlts, works with clients to drive investment outperformance through the development of ESG strategies. A critical step in strategy development for real estate, infrastructure and agriculture investments is ESG reporting, particularly Climate Change reporting.
R4 helps Signatories to answer PRI questions by identifying the financial impact of opportunities and risks from Climate Change on their investment strategy. This differs from most ESG reporting on Climate Change which focuses on the carbon footprint – or the contribution to climate change – embedded in investments.
The PRI Climate Change questions are consistent with the Task Force on Climate-related Financial Disclosures (TCFD). PRI signatories must make disclosures covering two of the four elements of TCFD reporting: Governance and Strategy. For now, questions on Risk Management, and Metrics & Targets are voluntary.
"Substantial changes to the PRI report require investors to identify the opportunities and risks from Climate Change embedded in their portfolios, and to test the resilience of investment strategies through scenario analysis," said R4 Managing Director Tania Caceres. "Last year, when Signatories were asked to report on Climate Change, but the results were not scored, only 26% of investment managers provided answers to scenario analysis questions. We are ready to help because in 2021 the Climate Change questions must be answered."
The webinar "SPRINT to the Finish - Principles for Responsible Investment Reporting 2021" will be held Thursday April 8th, 2021 at 11 am EDT. The event is free, and you can register at https://www.eventbrite.ca/
About R4: R4 is the collaboration platform for Tania Caceres, who heads Risk Nexus, and Catherine Ann Marshall, who leads RealAlts. Both are investment professionals and experts in real asset ESG reporting. Combined, they have more than 50 years' global investment experience in institutional assets. www.r4advisory.com
Catherine Ann Marshall