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Lyxor’s Climate Investing Handbook: how to build a low carbon portfolio

You have the power to change the world.

The 2015 Paris Conference on Climate Change culminated in the first binding international agreement on global warming and set the stage for one of humanity’s historic challenges.

By providing for the limiting of global warming to “well below 2°C above pre-industrial levels” and to “pursue efforts to limit the increase in temperatures to 1.5°C”, the Paris Agreement committed 195 countries to radical and meaningful change in emissions and climate policy.

Make no mistake: achieving these targets will be a challenge. Yet investors have power to effect change. Huge initiatives have already begun: the Net Zero Asset Owner Alliance, representing $5.1trn in assets, explicitly aims to align portfolios with that more ambitious 1.5°C target. As investors, we can help by shifting trillions of dollars of private capital towards low carbon investments. History may judge us harshly if we don’t.

Make it happen

In our new guide to climate investing, you’ll discover more about the Paris Agreement’s targets and how policymakers, regulators, scientists and expert indexers have come together to provide ways for us all to start meeting the challenges.

We also dig deeper into new Climate Transition Benchmarks (CTB) and Paris-Aligned Benchmarks (PAB) and all the ETFs which use them to help finance the transition to a 1.5°C future.

Achieving the goals of the Paris Agreement is no simple task. But if we all put our hearts and minds into it from today onwards, we could help to limit global warming. Each of us really does have the power to change the world—starting with our investments.

Take the first step by reading our digital investor handbook for low-carbon portfolios.

What’s inside?

  1. Climate change & the role of investors
    • Paris climate targets: why 1.5°C is the goal
    • The rise of the ‘net zero’ investor
    • Why existing portfolios imply 4-6°C warming
  2. Regulation & disclosure
    • Timeline of key regulatory and disclosure requirements
    • The most important climate policy developments
    • How to understand the ‘data framework’ for climate
  3. Temperature & targets
    • Temperature as the new shared language of climate investing
    • Case studies: four companies using Science Based Targets today
    • Effects of temperature on ‘high impact’ industries
  4. Comparing climate indices
    • How to understand climate benchmark indices
    • Full overview of the climate index market in 2020
    • Comparing methodologies: pros and cons
  5. Shareholder voting
    • Trends in shareholder engagement on climate
    • How voting & engagement habits are changing
    • The ‘active voice’ of passive managers
  6. Time to take action
    • ‘E’ for the elephant in the room
    • Climate – the trade of the decade?
    • ETFs as the highway to transition

Read the full handbook


Lyxor International Asset Management (LIAM) is registered in the public register of the Netherlands Authority for the Financial Markets (Autoriteit Financiële Markten) as a manager (beheerder) of a UCITS

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Lyxor International Asset Management (“LIAM”) or its employees may have or maintain business relationships with companies covered in its research reports. As a result, investors should be aware that LIAM and its employees may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their investment decision. Please see appendix at the end of this report for the analyst(s) certification(s), important disclosures and disclaimers. Alternatively, visit our global research disclosure website www.lyxoretf.com/compliance.

Conflicts of interest

 

This research contains the views, opinions and recommendations of Lyxor International Asset Management (“LIAM”) Cross Asset and ETF research analysts and/or strategists. To the extent that this research contains trade ideas based on macro views of economic market conditions or relative value, it may differ from the fundamental Cross Asset and ETF Research opinions and recommendations contained in Cross Asset and ETF Research sector or company research reports and from the views and opinions of other departments of LIAM and its affiliates. Lyxor Cross Asset and ETF research analysts and/or strategists routinely consult with LIAM sales and portfolio management personnel regarding market information including, but not limited to, pricing, spread levels and trading activity of ETFs tracking equity, fixed income and commodity indices. Trading desks may trade, or have traded, as principal on the basis of the research analyst(s) views and reports. Lyxor has mandatory research policies and procedures that are reasonably designed to (i) ensure that purported facts in research reports are based on reliable information and (ii) to prevent improper selective or tiered dissemination of research reports. In addition, research analysts receive compensation based, in part, on the quality and accuracy of their analysis, client feedback, competitive factors and LIAM’s total revenues including revenues from management fees and investment advisory fees and distribution fees.

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