Dear friends and members of the 2° Investing Initiative,
We are launching a new excel-based tool that will allow financial institutions to define scenario-based targets for their portfolio allocation and engagement actions.
Financial institutions using the tool simply have to input their current portfolio exposure – sourcing data from the PACTA website or any data provider in the market – to figure out where their portfolio should be headed to align with the goals of the Paris Agreement. The goal of the tool is to support financial institutions in understanding science-based climate targets under the PACTA model and to apply them using a data provider and data inputs of their choice, independent of the PACTA online tool (link).
As always, look forward to your comments, feedback, and questions.
Wishing you all the best for 2019 from the entire 2° Investing Initiative team.