RESPOND is an interactive toolkit that enables assessment and benchmarking of critical Environmental & Social integration performance for asset managers across the globe
“WWF’s RESPOND tool and framework offer useful reference points for comparing asset managers on their approaches to responsible investment and climate change. We believe RESPOND will help us to engage with asset managers, and that asset managers will use it to identify areas for improvement. We expect all the asset managers in the region will play key roles in sustainable finance by adapting best practices through RESPOND.”
Keiichi Nakajima, Former General Manager of MS&AD Insurance Group
“We expect our external asset managers to be integrating ESG analysis into investment decision-making. Included in this analysis is addressing natural capital risk exposure. WWF’s recently launched RESPOND framework and tool provide new perspectives into natural capital risk that can be used to help inform asset managers’ decision making.”
Brian Rice, Portfolio Manager at CalSTRS
|1. Alignment of financial flows with sustainable development goals||1. Asset managers to develop robust responsible investment capabilities to safeguard long term returns and consider the impacts of investments on real world outcomes||1. Asset owners to better define expectations of asset managers aligned with science-based best practices|
|2. The integration of environmental, social and governance considerations into the investment decision making process||2. Financial sector to drive sustainable development in Asia Pacific and beyond.||2. Stakeholders’ assessment of asset managers’ management of climate and nature risks|
The framework encourages asset managers to go beyond existing market best practices to also incorporate WWF’s recommendations on science-based criteria and approaches for managing climate and other sustainability issues at both the issuer and overall portfolio levels. It aligns with TCFD and PRI and draws on national stewardship codes, reporting guidance, WWF’s conservation expertise, sustainability initiatives, and sustainable finance initiatives. The framework has 6 pillars, comprising of 14 indicators and 81 sub-indicators:
Energy Transition (ET) Framework
WWF has worked with the financial sector (banks, investors and regulators) for more than a decade, with the objective of accelerating the integration of ESG risks and opportunities into mainstream finance, so as to redirect financial flows to support the Paris Agreement and the SDGs. Our approach to sustainable finance leverages:
Our conservation experience on the ground across WWF’s global practices.
Our partnerships with companies on key issues such as climate, energy, food and water to drive sustainability.
Our participation in cutting-edge sustainable finance initiatives (e.g. Science Based Targets initiative and the European Commission’s Technical Expert Group on Sustainable Finance).
This has allowed us to strengthen lending and investment criteria for key industry sectors, provide insights and data on environmental and social risks, fulfil critical research gaps, help unlock innovations in sustainable finance products and convene key stakeholders to progress the sustainable finance agenda.