Thematics Asset Management has launched the Thematics Climate Selection Fund aimed at companies aligned with the Paris Agreement of limiting global temperature rise to below 2° Celsius.
Irrespective of industry or product focus, the fund includes investments from five thematic strategies: AI and robotics, safety, the subscription economy, water, and wellness. The multi-thematic portfolio holds 40-60 chosen companies well-prepared for a decarbonised future, said the firm.
The fund is co-managed by founding partners and portfolio managers Arnaud Bisschop and Karen Kharmandarian and supported by climate specialist Guillaume Gosselin.
Bisschop, who is also the head of ESG of Thematics Asset Management, commented: “The urgency of climate change is more evident than ever, with transition risks impacting company balance sheets as well as overall profitability. By identifying the companies leading the charge in the adoption and disclosure of decarbonisation strategies, it is possible to turn transition risks into transition opportunities.”
Gosselin added: “In addition to integrating ESG considerations throughout the investment decision-making process and holding the French Label ISR, Thematics Climate Selection also combines both quantitative and qualitative climate assessments to build a Paris-aligned portfolio.”
The qualitative assessment covers climate governance, strategy, risk management, engagement, disclosure and targets, while the quantitative assessment incorporates science-based scenario targets, he added.
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