1、Hermes Investment Management 2019 CLIMATE-RELATED FINANCIAL DISCLOSURES REPORT 2019 For professional investors only www.hermes- CLIMATE-RELATED FINANCIAL DISCLOSURES REPORT 20192 Foreword from Saker Nusseibeh, Chief Executive At Hermes, we believe that the investment management industry could be a p
2、otent force in building a better world; but today that potential is largely unfulfilled. The urgency for action on the climate crisis could hardly be greater. The scientific consensus urges us to act quickly, effectively and in earnest if we are to limit the devastating impact that climate change wi
3、ll have on our planet. The investment management industry sits in a unique position, where its actions could continue to compound the issues we currently face, or it could instead use intelligent and considered stewardship of capital to effect genuine and positive change. We have a responsibility as
4、 an industry, and indeed as a business, to make the right choice. Clearly, climate change presents risks to us as a business. It is paramount to us that we identify and monitor these risks closely so that we are able to mitigate them to the benefit of our clients, their employees and ultimately, soc
5、iety at large. But it also presents opportunities opportunities we have a duty to play a full role in realising. Transparency and accountability are both vital components in driving these changes, which is why we welcome the reporting recommendations presented by the Taskforce on Climate-related Fin
6、ancial Disclosures (TCFD.) In this report, we lay out our approach to identifying and managing climate risks and seizing opportunities as a business, ranging from our involvement at the policy level in the development of climate-rated initiatives, to the way we ensure that everyone at Hermes factors