Special Climate Week Edition | Fighting Fire: Investing in Climate Resilience

Navigating Our World

With devastating wild fires and floods filling our news feeds, the consequences of a changing climate have rarely felt more acute or urgent. In the midst of Climate Week, Brown Advisory’s Karina Funk sat down with Kate Gordon, who leads climate policy for the state of California and is one of the world’s foremost authorities on the intersection of business and climate.

As investors, we are constantly looking for opportunities to mitigate climate risk and support climate solutions. If we can help improve outcomes for the people impacted by climate change, we can generate returns for all of our stakeholders—our clients, colleagues and communities. With California as an epicenter of both climate-based tragedy and innovation, Karina and Kate talk about the ongoing crisis, investing in solutions, and the state’s announcement this week to move toward selling only zero-emissions vehicles by 2035.

Guest
Kate Gordon, Director, California Governor's Office of Planning and Research; Climate Advisor to Governor Newsom

Host:
Karina Funk, CFA
Portfolio Manager; Chair of Sustainable Investing, Brown Advisory

Background Reading:

• Governor Newsom Announces California Will Phase Out Gasoline-Powered Cars & Drastically Reduce Demand for Fossil Fuel in California’s Fight Against Climate Change, September 23, 2020
• How Climate Migration Will Reshape America, The New York Times, September 20, 2020
• A Climate Reckoning in Fire-Stricken California, The New York Times, September 10, 2020
• Putting California on the High Road: A Jobs and Climate Action Plan for 2030, UC Berkeley Labor Center, September 3, 2020
• Addressing Climate Change: Principles and Policies, Business Roundtable, September 2020
• Portfolio Climate Risk Management: Case Studies on Evolving Best Practices, Ceres, July 2020

If you would like to explore this issue in more depth, visit the sustainable investing section of our website, where you can find thought pieces by our ESG analysts.

Thank you for joining us on our podcast journey. To stay in touch about future podcasts, please sign up here.

We want to hear from our listeners and learn from your thoughts and feedback. Please leave a review or take a moment to fill out a brief questionnaire on our website. It should take less than two minutes to complete. Thank you.

The views and opinions expressed in this podcast are those of the speaker(s) and do not necessarily reflect those of Brown Advisory. These views are not intended to be and should not be relied upon as investment advice and are not intended to be a forecast of future events or a guarantee of future results. The information provided in this podcast is not intended to be and should not be considered a recommendation or suggestion to engage in or refrain from a particular course of action or to make or hold a particular investment or pursue a particular investment strategy, including whether or not to buy, sell, or hold any of the securities mentioned. It should not be assumed that investments in such securities have been or will be profitable. There is a risk that some or all of the capital invested in any such securities may be lost. This piece is intended solely for our clients and prospective clients, is for informational purposes only, and is not individually tailored for or directed to any particular client or prospective client.