EAPF collaborate with Church of England to launch major climate change initiative
The Environment Agency Pension Fund have joined forces with Church of England's National Investing Bodies to launch a major initiative identifying companies that pose the biggest climate change risk.
The Transition Pathway Initiative (TPI) launched today involves the launch of a new free online tool, developed with the Grantham Institute at the London School of Economics and using data from FTSE Russell, the index provider.
The online tool will rank companies by two measures: how well their management is dealing with climate change risks, and how effective they are at achieving carbon reduction.
For more details you can read the full Press Release.