Actis, a leading global investor in sustainable infrastructure, has published its first Task Force on Climate-related Financial Disclosures (TCFD) Report, which aims to inform and deepen understanding of climate risks and opportunities across its portfolio.
The TCFD Report sets out the Actis approach to managing climate change risks and opportunities – including how climate change is factored into governance, strategy, risk management and metrics. The report describes how Actis incorporates climate change analysis at different stages of the investment cycle, from due diligence to portfolio management to exit, whilst leveraging the Actis Transition Tool to support investment decision making. Actis has committed to net zero by 2050 and the report outlines the 2030 interim targets in pursuit of that goal.
Actis worked with AXA Climate to undertake a rigorous, semi-quantitative scenario analysis of its portfolio, comprising 225 unique asset locations and 10 infrastructure sectors, against three global warming scenarios. The analysis assessed acute and chronic physical climate hazards within a 25km radius of each asset, as well as transition risks and opportunities. The key findings of the scenario analysis are set out in the report.
You can now read the full press release at the link below