We currently provide capital to support the transition directly through our private infrastructure investments. We also provide it indirectly, through investments in infrastructure funds and provision of equity and debt capital to companies that provide solutions such as renewable energy and energy-efficient technology.
Already, a number of products enable clients to transition away from carbon-intensive industries. This includes impact investing that focuses on companies that provide clean energy and energy-efficient products and services, or products that screen companies based on climate-related criteria, such as power generation and revenue from fossil fuels.
As major investors and stewards of capital, we recognise the important role asset managers have in supporting the energy transition through capital allocation decisions and developing solutions that meet the demands of our clients.
Eva Cairns is an ESG investment analyst at Aberdeen Standard Investments
