Challenges of implementation, impact and global consensus

Earlier this year, Tell Media Group, in cooperation with Allianz Global Investors, BNP Paribas Asset Management and American Century Investments, organised a roundtable discussion at Hotel Kämp in Helsinki with Finnish investors, focusing on climate change policies.

The discussion started out with Caroline Liinanki noting that climate policies are ever-evolving with increased knowledge and better access to information. She then asked the investors about how some of the first versions of climate policies compare to those of today and what have been the key developments and achievements over the years.

ANNA HYRSKE: “They looked very different from today. When the responsible investment industry started to take form at the beginning of 2000, especially in the Nordics, it was very much about screening and exclusions. It was very black and white and we didn’t really talk about engagement. Also, the term responsible investment didn’t exist and everything fell under the umbrella of ethical investing. That was problematic in itself for institutional investors that didn’t have faith-based values as their core operational framework. I think it has been an impressive development so far. When it comes to climate policies and regulation, we
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