Ninety OneSep 22 2021

Ninety One creates climate risk programme for staff

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Ninety One creates climate risk programme for staff
Bruno Kelly/Reuters

Ninety One has teamed up with Imperial College to produce a series of climate risk programmes for its employees.

The programmes will educate Ninety One’s employees on climate-related risks and opportunities.

Part of the course will look into whether climate risks can be priced, and how this can be priced into portfolios.

Tom Nelson, co-head of thematic equity at Ninety One, said the initiative was the result of the firm's desire to pursue ‘sustainability with substance’ and holding itself to account on these issues.

He said: “It would be wrong to assume any of us have all the answers. We want to work with the minds that can sharpen our thinking." 

He added the collaboration was an opportunity for Ninety One's staff to engage with the 'best in the field' on topics that are shaping the future of investing and the world at large.

He said: "This programme deepens our knowledge and allows us to better understand the magnitude of risks and opportunities climate change presents to our investment decision-making.

"We also see potential to take it further and develop our knowledge right across the organisation to ensure our people have a strong understanding of the nuances and intricacies of climate risk.”

As part of the partnership, a three-week programme was held for 60 of Ninety One’s investment professionals in April this year, with another 50 taking part this month.

The programme has been developed alongside Imperial’s executive education department as well as The Grantham Institute for Climate Change and the Environment and The Centre for Climate Finance and Investment at Imperial College Business School.

David Brown, director of executive education at Imperial College Business School, said the university was delighted with the partnership.

“Climate risk is a real challenge facing businesses today and...we are well placed to advise organisations on how to navigate the challenges and investment opportunities in renewable energy, clean technologies and climate-resilient infrastructure.”

sally.hickey@ft.com