Press release: Ardea IM urges governments to rapidly scale up their climate ambition
Ardea IM is among a record number of signatories to a joint global investor statement calling on governments to urgently ramp up their efforts to address the climate crisis.
The 2021 Global Investor Statement urges governments to raise their climate ambition to limit global warming to no more than 1.5 degrees, implement meaningful emissions reduction policies, mandate climate-related financial reporting in line with the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD), and deliver COVID-19 economic recovery plans that support a just transition to net-zero emissions by 2050 or sooner.
The 2021 Global Investor Statement reads: “…we believe that those who set ambitious targets in line with achieving net-zero emissions, and implement consistent national climate policies in the short- to medium-term, will become increasingly attractive investment destinations.”
“Full implementation of the Paris Agreement will create significant investment opportunities in clean technologies, green infrastructure and other assets, products and services needed in this new economy.”
Ardea IM is committed to pursuing a net-zero emissions, climate resilient and prosperous future. Joining the 2021 Global Investor Statement continues Ardea IM’s efforts to manage climate risk and pursue the enormous investment opportunities in the global net-zero emissions transition.
For further information on The Investor Agenda, visit www.theinvestoragenda.org and follow @InvestorAgenda.
Media release issued by Ardea Investment Management ABN 50 132 902 722 AFSL 329 828, the investment manager of Ardea Real Outcome Fund (ARSN 158 996 699) and the ActiveX Ardea Real Outcome Bond Fund (Managed Fund) (ARSN 629 403 925) (the Funds). The information in this Media release should be regarded as general information only and is not intended to be financial product advice. It has been prepared without taking account of any person’s objectives, financial situation or needs. You should read the Target Market Determination and Product Disclosure Statement for the Fund(s) available at www.fidante.com before making any decision in relation to the Fund(s). Past performance is not a reliable indicator of future performance. Source: Fidante Partners Limited ABN 94 002 835 592 AFSL 234668 (Fidante). Fidante is a member of the Challenger Limited group of companies (Challenger Group) and is the Responsible Entity and issuer of interests in the Fund(s). Other than information which is identified as sourced from Fidante in relation to the Fund(s), Fidante is not responsible for the information in this publication, including any statements of opinion. Fidante is not an authorised deposit-taking institution (ADI) for the purpose of the Banking Act 1959 (Cth), and its obligations do not represent deposits or liabilities of an ADI in the Challenger Group (Challenger ADI) and no Challenger ADI provides a guarantee or otherwise provides assurance in respect of the obligations of Fidante. Investments in the Fund(s) are subject to investment risk, including possible delays in repayment and loss of income or principal invested. Accordingly, the performance, the repayment of capital or any particular rate of return on your investments are not guaranteed by any member of the Challenger Group.