This report shows public data only. Is this your organisation? If so, login here to view your full report.

PIMCO

PRI reporting framework 2020

You are in Strategy and Governance » ESG issues in asset allocation

資産配分におけるESG問題

SG 13. ESG issues in strategic asset allocation

13.1. 貴社組織がシナリオ分析および/またはモデリングを実施するか記述してください。実施する場合、 シナリオ分析について説明してください(資産クラス別、セクター別、戦略的資産配分等)。

25語以内で説明してください 。 PIMCO’s ESG specialists designed proprietary tools, looking within and across fixed income markets globally, to help credit analysts evaluate potential impact of extreme weather events, the transition to a low-carbon economy, and other factors related to climate change., notably based on scenario analysis.

13.2. 組織が戦略的な資産配分やセクターまたは地理的な市場間での資産の配分においてESG問題を考慮しているかどうかを記載してください。

以下を行っている

          This analysis is carried out in the context of ESG assessments and ESG ratings that are incorporated firm-wide into our credit research.
        

13.3. 補足情報 [任意]


SG 13 CC.

13.4 CC. 貴社組織が気候関連のリスクおよび機会を管理するためにどのようにシナリオ分析を利用しているかについて(分析がどのように解釈されているか、その結果、将来の計画等)、記述してください。

500語以内で自由に記載

The overarching objective is to explore ways to enhance PIMCO’s investment resilience against the tested scenarios.

In practice, we seek to translate climate-related data available at scale (e.g. portfolio-level) into granular metrics that are actionable in the context of PIMCO’s credit analysts’ assessments and investment decisions.   To help analysts evaluate climate risk, PIMCO’s ESG specialists designed proprietary tools. The insights these tools provide are intended to help portfolio managers to better manage and mitigate climate-related credit risks and align ESG dedicated portfolios with the Paris Agreement targets – as always, working within specific portfolio objectives and guidelines. These analytical frameworks serve the whole spectrum of PIMCO’s ESG-specific and broader investment strategies and enable PIMCO’s ESG dedicated strategies to align with the recommendations of the TCFD. This covers both our evaluation of issuers and our engagement with them. Indeed, this an iterative process in that, for example, conclusions at the issuer level are to the extent feasible informed by issuer’s disclosure and in turn also help assess the gaps in their reporting on climate -related risk scenarios and their strategy, which PIMCO seeks to address when engaging with them as bondholder (including in the context of the Climate Action 100+ initiative).

As one example of tool that informs our scenario analysis, we assess the average technology and energy mix of a portfolio compared with global energy scenarios modeled by the International Energy Agency (IEA), including the potential impact of green bonds, considering their specific environmental features and issuer-level data. The output is a comparison of PIMCO’s ESG portfolio with current and future IEA estimates of Paris-aligned portfolios

500語以内で自由に記載

The overarching objective is to explore ways to enhance PIMCO’s investment resilience against the tested scenarios.

In practice, we seek to translate climate-related data available at scale (e.g. portfolio-level) into granular metrics that are actionable in the context of PIMCO’s credit analysts’ assessments and investment decisions.   To help analysts evaluate climate risk, PIMCO’s ESG specialists designed proprietary tools. The insights these tools provide are intended to help portfolio managers to better manage and mitigate climate-related credit risks and align ESG dedicated portfolios with the Paris Agreement targets – as always, working within specific portfolio objectives and guidelines. These analytical frameworks serve the whole spectrum of PIMCO’s ESG-specific and broader investment strategies and enable PIMCO’s ESG dedicated strategies to align with the recommendations of the TCFD. This covers both our evaluation of issuers and our engagement with them. Indeed, this an iterative process in that, for example, conclusions at the issuer level are to the extent feasible informed by issuer’s disclosure and in turn also help assess the gaps in their reporting on climate -related risk scenarios and their strategy, which PIMCO seeks to address when engaging with them as bondholder (including in the context of the Climate Action 100+ initiative).

As one example of tool that informs our scenario analysis, we assess the average technology and energy mix of a portfolio compared with global energy scenarios modeled by the International Energy Agency (IEA), including the potential impact of green bonds, considering their specific environmental features and issuer-level data. The output is a comparison of PIMCO’s ESG portfolio with current and future IEA estimates of Paris-aligned portfolios

500語以内で自由に記載

The overarching objective is to explore ways to enhance PIMCO’s investment resilience against the tested scenarios.

In practice, we seek to translate climate-related data available at scale (e.g. portfolio-level) into granular metrics that are actionable in the context of PIMCO’s credit analysts’ assessments and investment decisions.   To help analysts evaluate climate risk, PIMCO’s ESG specialists designed proprietary tools. The insights these tools provide are intended to help portfolio managers to better manage and mitigate climate-related credit risks and align ESG dedicated portfolios with the Paris Agreement targets – as always, working within specific portfolio objectives and guidelines. These analytical frameworks serve the whole spectrum of PIMCO’s ESG-specific and broader investment strategies and enable PIMCO’s ESG dedicated strategies to align with the recommendations of the TCFD. This covers both our evaluation of issuers and our engagement with them. Indeed, this an iterative process in that, for example, conclusions at the issuer level are to the extent feasible informed by issuer’s disclosure and in turn also help assess the gaps in their reporting on climate -related risk scenarios and their strategy, which PIMCO seeks to address when engaging with them as bondholder (including in the context of the Climate Action 100+ initiative).

As one example of tool that informs our scenario analysis, we assess the average technology and energy mix of a portfolio compared with global energy scenarios modeled by the International Energy Agency (IEA), including the potential impact of green bonds, considering their specific environmental features and issuer-level data. The output is a comparison of PIMCO’s ESG portfolio with current and future IEA estimates of Paris-aligned portfolios

13.5 CC. この分析をだれが利用するか記述してください。

13.6 CC. 貴社組織がその投資戦略について、投資期間を超えて、気候関連リスクの影響を評価しているか記述してください。

500語以内で自由に記載してください。

The potential impact of climate-related risks is assessed in the context of PIMCO’s ESG strategies and evaluation that places a particular emphasis on long-term risk factors, with climate change being  a case in point.

13.7 CC. 一定の範囲の気候シナリオを利用しているか記述してください。

13.8 CC. 貴社組織が用いる気候シナリオについて記述してください。

提供者
使用するシナリオ
IEA
IEA
IEA
IEA
IEA
IRENA
グリーンピース
持続的発展研究所
ブルームバーグ
IPCC
IPCC
IPCC
IPCC
その他
その他
その他

SG 14. Long term investment risks and opportunity

14.1. 一部の投資リスクと機会は長期トレンドの結果として発生します。貴社では、以下のどの項目について考慮するか明示してください。

その他(具体的に記入してください)(1)

          We endorse the SDGs as the holistic reference framework to assess other wide-ranging risks e.g. inequality.
        

14.2. 気候に関するリスクと機会に対応して組織で実施されている活動を選択してください。

14.3. 次のツールの中から気候関連リスクと機会の管理に組織が用いているものを選択してください。

その他(具体的に記入してください)

          Exposure to issuers with Paris Agreement-alignment targets and pathways, e.g.,  based on the Science-based targets and methods, including sectoral decarbonisation approach
        

14.5. 補足情報 [任意]


SG 14 CC.


SG 15. Allocation of assets to environmental and social themed areas (Private)


Top