How does Climate Change affect Consumer Goods Companies, Central Banks and A Nation

Genuine Impact
Jul 11 · 3 min read

Here are the top 3 insights for July 11th

Today’s Brief

  • Franklin Templeton: Understanding the Climate Change Challenges Facing Consumer Goods Companies
  • UBS Asset Management: Central banks’ key policy goals are under threat from climate change, warns UBS
  • Fidelity: UK plans to tackle climate change could lead the world

Understanding the Climate Change Challenges Facing Consumer Goods Companies

  • Amid all the analysis of the recent European parliamentary elections, the strong support for the Green Party was an underappreciated development.
  • In general, carbon-emissions intensity profiles of consumer goods companies are comparatively low, but, as we learned, this is a sector that plays an important role in the broader area of climate change.
  • As investors, we’re not necessarily looking for best-in-class examples of environmental, social and governance (ESG) practice, but rather we want to see a practical desire to drive improvement.

Genuine Scores for the top 3 Consumer Discretionary Stocks:

  • Peugeot, 74
  • Crest Nicholson, 74
  • Bonita, 74

Central banks’ key policy goals are under threat from climate change, warns UBS

  • Although the study revealed that central banks are “conscious of their fiduciary duty” to the public, just 9% have taken specific measures related to climate risk which go beyond basic requirements within broader environmental, social and governance (ESG) frameworks required by most public institutions.
  • A detailed report from UBS global sovereign market strategists Massimiliano Castelli and Philipp Salman suggested “there is growing empirical evidence that climate risk affects the two policy goals pursued by the central banks.”

Genuine Scores for top 3 UBS Asset Management Funds:

  • MMA II — US Multi Credit USD F-acc, 83
  • PACE Large Co Growth Equity Investments, 81
  • PACE Strategic Fixed Income Investments, 77

UK plans to tackle climate change could lead the world

  • UK, as a nation, is set to become the ‘greenest’ on the planet.
  • Under new government proposals, the UK’s greenhouse gas emissions will be cut to almost zero by 2050, in a radical set of plans put together by the outgoing Prime Minister Theresa May.

Genuine Scores for the top 3 UK Energy Stocks

  • John Wood, 64
  • Hunting, 63
  • Petrofac, 61

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All the best,
Alister and the Genuine Impact Team

p.s. all Genuine Scores are accurate as of the 10th of July

Genuine Impact

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