Our Position on Climate Risk
The changing climate is an extraordinary environmental challenge with far-reaching economic, environmental, and societal implications, creating risks and opportunities for companies and investors.
As fiduciaries, we aim to manage the associated risks and opportunities.
We support efforts to reach net zero emissions by 2050 or sooner, limiting warming to 1.5° Celsius above pre-industrial levels to avoid the most catastrophic consequences of climate change.
Given the current trajectory of global emissions, successfully achieving the 2050 target requires interim goals and plans for meaningful, current action by a range of stakeholders.
As investors, we have the ability and responsibility to influence corporate leadership to embrace its role as a significant part of the solution to the climate crisis.
As the scientific consensus evolves, we will encourage companies to accelerate their climate action goals and plans accordingly.
We believe Boston Trust Walden’s multifaceted approach is the best way for investors to manage and mitigate climate risk. The levers we utilize are: portfolio construction (managing portfolios with lower carbon risk, whether with or without exposure to fossil fuel producers); company engagement; proxy voting; and public policy advocacy.
Using all tools available to investors enables us to achieve maximum positive impact.