Mercer has launched a new offering to support the efforts of institutional investors looking to make progress towards net-zero carbon emissions and help them comply with the UN Paris Agreement on climate change.
The firm's new Analytics for Climate Transition (ACT) solution provides research, analytics, and advice to help investors invest more responsibly, and align their portfolios with the goals set out by the agreement, which includes the lofty goal of limiting the global average temperature increase to 1.5 degrees Celsius (2.7 degrees Fahrenheit).
The firm says encouraging investing in national pension plans and endowments are a key driver of carbon emission reduction, which sees money funneled away from gas and oil and into green energy solutions. Their goal is to help institutional investors bring their portfolios to 45 percent emissions reduction by 2030 and net-zero by 2050, both of which would be required to meet the 1.5 degree goal.
