After “Dialogue” and “AQUA”, BNP Paribas Investment Partners (BNPP IP) has published a new book aimed at increasing awareness of Corporate and Social Responsibility (CSR) issues, entitled CLIMAT[e], in collaboration with the GoodPlanet Foundation and Erik Orsenna, which examines the economic, social and environmental impacts of climate change.
BNPP IP is committed to contributing to a responsible and sustainable economy as well as actively participating in the development of investment solutions that help build a better future. In 2013, BNPP IP chose the subject of climate change as the framework to illustrate its responsible investment initiatives since we believe investments in preventing and adapting to climate change will be absolutely essential in the future. BNPP IP contributes to this by managing third-party assets in line with its responsible investing convictions.
We also seek to educate and raise awareness. Throughout 2013, we sponsored a series of conferences for institutional investors to examine the economic, social and environmental impact of climate change and the all-important issue of energy transition. To mark these events, our CSR team has published a book that is both attractive and takes a thoroughly documented, educational approach to present the facts, symptoms and mechanisms behind global warming.
The book’s goal is to nourish and advance the discussion with investors and other stakeholders about climate change. It underscores our active embrace of our role as a forward-looking player in responsible investment, making us more than ever the “asset manager for a changing world”. Through the book, we aim to shed light on the challenges and opportunities of sustainable development for investors.
This book aims to influence other people’s behaviour by suggesting solutions on how to slow down global warming now before it is too late. The images and commentary of French photographer, journalist and ecologist Yann Arthus-Bertrand and French author Erik Orsenna bring home the realities of climate change. CLIMAT[e] shows us that nothing is written in stone: various scenarios are possible and solutions do exist. It is now up to each of us to implement them and take action.
As Yann Arthus-Bertrand says in CLIMAT[e]: “The planet is changing right before our eyes. Travelling the world, nearly every day I meet men and women already feeling the impact of these changes in every country and every environment … we must brace ourselves for global warming, a world different from that one we have known until now, and anticipate the problems it will bring with it: changes in agricultural output, increasing frequency of natural disasters, more migration movements, etc.” In addition, the IPCC (Intergovernmental Panel on Climate Change) predicts that by 2100, there will be: a sharp rise in the average temperature of our planet of 1.5 to 3 degrees centigrade, an increase in extreme climate events (in particular heat waves) and a rise of the oceans ranging from 0.25 centimetres to one metre, depending on the region.
As a major global player in long-term asset management, we are concerned about this worldwide issue. Although its causes and scope may be disputed, we hope to continue the debate and open up the discussion to more clients because, as Yann states: “For investors and bankers, climate change means thinking differently about the long term and taking a new parameter into account”. Investments in prevention and adjustments will be needed both upstream to back projects that aim to save energy and downstream to finance the research and infrastructure that can help determine the correct choices by public and private decision-makers to combat global warming’s innumerable consequences.
Climat[e] is available as an e-book.
For more information about Climat[e] and our CSR engagement, please contact email@example.com