Joop Huij, Dries Laurs, Philip Stork, Remco C. J. Zwinkels
n the 2015 Paris Agreement, 197 parties committed to holding global average temperature increases to below 2 C above pre-industrial levels.The agreement explicitly calls on the financial industry to help make finance flows "consistent with a pathway towards low carbon emissions" (United Nations 2015, 3).Yet many institutional investors report challenges in addressing climate risks, citing a lack of best practices, problems around data availability, and inherent difficulties with assessing climate change (