Aberdeen Standard launches climate fund range

Eva Cairns

Aberdeen Standard Investments (ASI) has announced the launch of a range of climate funds aimed at supporting the shift towards net zero global emissions.

“These are all EU SFDR article 9 funds, each focusing on specific aspects of the journey towards Net Zero, offering investors access to investment opportunities that the global climate transition represents,” said ASI.

“The ASI Climate Range provides access to a range of outcomes for clients depending on how they want to allocate their capital in order to drive this change.”

The investment firm said the Aberdeen Standard SICAV I – Global Climate and Environment Equity Fund will invest in companies “that are innovating and providing the solutions that we need to reach Net Zero.”

It said the Aberdeen Standard SICAV I – Climate Transition Bond Fund will invest in companies with credible and ambitious transition plans from high emission sectors and outstanding companies in other sectors” and also “in projects that tackle the physical impacts of climate change, as well as solutions providers who support other parts of the economy to decarbonise through their products or services.”

The Aberdeen Standard SICAV II – Multi-Asset Climate Opportunities Fund will invest “in climate solutions such as clean energy, electric vehicles and smart working technologies by investing in equities, bonds and renewable infrastructure.”

Eva Cairns, Head of Climate Change Strategy, Aberdeen Standard Investments, said: “Climate change is one of the largest threats of our time and impacts not only future generations, but also many countries and companies around the globe today.

“Tackling it requires trillions of dollars of investment every year to transform our world into one that emits net zero greenhouse gases.

“This transformation comes with significant opportunities for investors. To have real world impact, we need to look to the future and invest in the solution providers and companies that will help make this transition to net zero happen …

“Our approach to climate scenario analysis is motivated by the view that a rigorous, forward looking and transparent methodology is essential for embedding climate risks and opportunities into our investment decision making and delivering superior outcomes for our clients.

“We believe that our bespoke approach represents a significant advancement in the field of climate-scenario analysis, giving us greater confidence in the results and their applicability to real-world investing.”