• Working Paper
    • EN
28.05.2020 27

Trajectory Monitoring in Portfolio Management and Issuer Intentionality Scoring

Published May 28, 2020

> 10 minutes

> 10 minutes


2°C alignment has become a major issue for climate-aware portfolio management. There are sophisticated initiatives aiming to predict corporate emission intensities from 2030 up to 2100. In this paper, we focus on the significance of the ‘current policy scenario’, where corporates would simply stay on their current trajectories for their emission intensities. The United Nations Environment Programme has illustrated how far the global current policy scenario is from a global 2°C scenario. We want to understand this ‘current policy scenario’, broken down asset-by-asset within the significant emission sectors and from a global index point of view. We will address choices of emission intensity metrics and of weighting schemes. Enabling the low-carbon transition while maintaining a long-term focus in investment decision-making is a relevant approach. In this paper we intend to illustrate the virtue of the longterm choice with a simple three-year observation gap in the power generation sector’s intensities. To complement our ‘current policy’, which focuses on the emissions trackrecord of firms, we illustrate a mosaic theory approach to quantifying the intentionality of a firm to green itself. Anticipating positive impacts requires that investors have identified their key questions for firm’s intentions.


To find out more, download the full paper

Our online help service is available to answer your question

My personal information

If you have a question about our company or one of our products, please complete the form to get in touch. Please do not mention your account numbers or critical data in this form.


(*) Required fields
All our job offers (Permanent and temporary position, Internship, Apprenticeship or VIE) are available on our dedicated website: https://jobs.amundi.com.

Register and apply directly online.

Amundi on Twitter