AXA Investment Managers is to award €100,000 the prize winner of an inaugural Climate Transition Award, which will recognise first class scientific research on climate change mitigation.
In collaboration with AXA Research Fund, the award has been launched to shine a spotlight on innovative scientific research that details pathways to the climate transition and explores key areas yet to be tackled.
See also: – AXA IM new research and governance teams embed ESG across business
Areas recognised by this award will include:
- Innovative solutions and approaches to mitigation to reach net-zero by 2050.
- Nature-based solutions as a key component of our climate transition, both in terms of mitigation and adaptation. Effectiveness and co-existence with other proposed solutions.
- Measurement and tracking as the crux of the climate change issue, both in terms of assessing our limits and the extent of success or failure in reducing CO2 levels and other pollutants. For example, carbon pricing or alternative approaches to financial and economic incentives to CO2 (and other warming gas) reductions and measurement methodologies for both GHG emissions reduction and CO2 removal.
- Beyond CO2, the reduction of other shorter-lived climate forcers as a contribution to warming reduction.
Applications are self-nominated and aimed at supporting an advanced researcher between PhD + 8 years and PhD + 12 years maximum.
The winning research will be chosen by committee composed of a climate research scientist, an institutional investor and representatives from AXA Group, the AXA Research Fund and AXA IM, and the author will be awarded €100,000.
Marco Morelli, executive chairman at AXA IM, commented: “To become the world’s leading responsible investor and reach our objectives to become a Net Zero Asset Manager by 2050, we must lead the transition to a sustainable world both as a major global investor and as a business. We already took several actions to be truly sustainable, ranging from our product range to our active ownership and engagement initiatives to hold companies to account for climate risk. We also educate our global workforce to build their climate awareness and will be reducing our own carbon footprint by 25% by 2025.”
“But we believe in the power of collective action to overcome climate-related risks. By launching the AXA IM Climate Transition Award together with the AXA Research Fund, we are putting our purpose into action by recognising innovative research seeking to combat climate-related risks. We can and must take a lead role in what matters most to society. By supporting and funding scenarios to decarbonise, we seek to benefit the planet, people and communities.”
The winner will be announced end of October 2021.
Click here for more information on the AXA IM Climate Transition Award: https://www.axa-im.com/climate-transition-award
To submit applications, in English only, go to: https://myaccount.axa-research.org/application-axaim/
