AMUNDI "Measuring and Managing Climate Risks in Investment Portfolios”

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Presentation of the Partner

AMundi Asset ManagementAbout Amundi

Amundithe leading European asset manager and pioneer in responsible investing, ranks among the top 10 global players[1] and offers its 100 million clients savings and investment solutions in active and passive management, in traditional or real assets.

Already incorporating ESG criteria in 100% of its actively managed open-ended funds[2] and engaged in the energy transition and social cohesion, Amundi launched its Ambition 2025 plan, with 10 objectives to accelerate its ESG transformation and pave the way towards carbon neutrality by 2050. Amundi is also a member of the Net Zero Asset Managers initiative and a founder of the Investors for a Just Transition coalition.

With six international investment hubs[3], Amundi’s clients benefit from the expertise of 5,300 employees in over 35 countries. A subsidiary of Crédit Agricole and listed on the stock exchange, Amundi currently manages €1904 trillion assets[4].

Amundi, a leading responsible investor engaged in the just transition

www.amundi.com    

 

1- Source: IPE “Top 500 Asset Managers” published in June 2022, based on assets under management as at 31/12/2021

2- Since December 2021

3- Boston, Dublin, London, Milan, Paris and Tokyo

4- Amundi data as at 31/12/2022

 

 

Presentation of the Partnership

Objectives

The Amundi “Measuring and Managing Climate Risks in Investment Portfolios” research chair at EDHEC-Risk Climate Impact Institute aims to investigate whether it is possible to identify a measure of climate-change risk, and if so, to investigate whether it can be used to construct optimal portfolios with respect to climate-change risk.

The first part involves the creation of a climate change news index, using a variety of language models and high-quality English-language newspaper sources (including the Financial Times for the first time in the literature). The second part aims to use this index to create climate-change risk hedged portfolios.

 

Research Outputs:

 

Using a Climate Change News Index to Measure Climate Change Risks

Forthcoming
Dominic O’Kane and Jean-Michel Maeso