LPL Financial
Climate Impact & Sustainability Data (2016, 2018, 2023)
Reporting Period: 2016
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Underweight positions in materials and energy, stock selection in consumer discretionary and information technology.
- British pound's decline negatively impacted relative performance due to significant UK-domiciled company holdings.
- Market volatility due to China's slowing economy, falling crude oil prices, and the Fed's interest rate hike path.
Mitigation Strategies
- Long-term investment strategy deemed impractical for currency hedging; relying on companies' self-management.
- Focus on fundamental earnings effects and superior business models at rational prices.