Climate Change Data

Pictet Asset Management

Climate Impact & Sustainability Data (2020)

Reporting Period: 2020

Environmental Metrics

ESG Focus Areas

  • Energy efficiency
  • Pollution control
  • Water supply & technology
  • Waste management & recycling
  • Sustainable agriculture & forestry
  • Dematerialized economy

Environmental Achievements

  • Significantly lower environmental footprint than MSCI AC World across all planetary boundaries (climate change, ocean acidification, eutrophication, aerosol loading, etc.)
  • Orsted's successful transition from coal to renewable energy, generating nearly 100% green energy by 2025.

Social Achievements

  • Engagement with SIG Combibloc to discuss their long-term sustainable packaging strategy, focusing on sustainable forestry, closed-loop life cycle, bio-based coatings, and energy efficiency.

Governance Achievements

  • Systematic proxy voting on 100% of active equity strategies.
  • Lower exposure to weak governance ratings compared to the benchmark (MSCI AC World).

Climate Goals & Targets

Environmental Challenges

  • Portfolio exposure to companies with some involvement in oil and gas, thermal coal, and military contracting (though efforts are made to mitigate these exposures).
Mitigation Strategies
  • Exclusion policy for companies outside the 'safe operating space' defined by the Planetary Boundaries framework.
  • Positive screen requiring at least 20% of a company's activities to be related to environmental solutions.
  • Engagement with companies to improve their ESG performance.
  • Monitoring of exposure to controversial products and services using Sustainalytics data.

Supply Chain Management

Responsible Procurement
  • Engagement with suppliers on sustainable practices (e.g., SIG Combibloc)

Climate-Related Risks & Opportunities

Opportunities
  • Investment in renewable energy companies

Reporting Standards

Frameworks Used: Planetary Boundaries, UN Sustainable Development Goals (SDGs)

UN Sustainable Development Goals

  • SDG 9 (Infrastructure and Innovation)
  • SDG 12 (Responsible Consumption and Production)

Investment in companies contributing to these goals through their products and services.