Asset owners and climate change

Report card: Investors are rated ‘AAA’ to ‘D,’ with an ‘X’ category for those that “appear to be doing nothing” to manage the threat of climate change.

U.S. lags, leads: While the AODP said the U.S. had an overall country rank of 14th, it had the most funds rated ‘A’ or higher, accounting for one-third of the total.

U.S. investors rated: AODP bases its ratings on five key criteria: transparency, risk management, low-carbon investment, active ownership and long-term incentive alignment. CalPERS and New York State Common Retirement Fund were the only U.S. asset owners rated ‘AAA.’