Report: Who’s managing your future?

This  report takes a deep dive into the policies and practices  of  30  big  asset  managers. The  aim  of  our  research  is  to  provide  an  assessment   of   how   these   firms   manage   climate risk, assessing whether their activities are aggravating the climate crisis and therefore other associated  systemic risks.  

The analysis grid for this report focuses on the primary ways in which asset managers have an impact on the climate: their investment decisions in the bond market and how they act as shareholders.

This report, based on independent research and a survey of the 30 asset managers reveals how asset managers fail to sanction polluting companies for not acting on decarbonization. This failure, due to poor policies, undermines the engagement activities of many of these asset managers’ biggest clients: institutional investors. We therefore encourage these clients to use our results to question their links with asset managers and the influence they could have on them.

Post-publication note: following information sent to Reclaim Finance after the publication of this report, contrary to what is indicated on page 22, Eurizon requests that companies publish reporting aligned with the TCFD standard (here). The other elements of Eurizon’s assessment remain unchanged.