We're Bridging The Gap Between Climate & Finance: Wendy Cromwell

Wellington Management, a major asset manager, focuses on climate risks to guide investment decisions. Partnering with Woodwell Climate Research Center, they assess physical climate risks like heat and floods. As a founding member of the Net Zero Asset Managers Initiative, they aim for net zero emissions by 2050. Instead of divesting, they engage with companies to set science-based targets. They use climate science to identify risks and opportunities, investing in technologies and solutions to adapt to climate changes.

Who is Wendy Cromwell and what is her role at Wellington Management?

What are the eight climate risks that Wellington is mapping?

How does Wellington Management use climate risks to inform their investment decisions?

What is the Net Zero Asset Managers Initiative and what is its goal?

Why does Wendy Cromwell believe that simply divesting from certain securities is not enough?

What role does the Woodwell Climate Research Center play in Wellington's investment strategy?

What types of companies does Wellington believe will be needed to address climate risks in the future?