19 Nov 2021
TOOLS
Login to access your documents and resources.
Alternatives
UNPRI Case Study: A climate risk framework for farmland investments
We’re pleased to share our climate risk framework case study, as featured by UNPRI (United Nations Principles for Responsible Investment).
At the global scale, the threat posed to agriculture by climate change is a humanitarian one. It risks undermining food security, especially in regions where impacts are expected to be greatest. For investors in and managers of farmland, the problem is one of risk and reward: are the risks properly understood and are they appropriately priced?
Through this case study, we provide an overview of the acute and chronic physical risks that climate change poses to farmland and explain how our climate risk framework complements our investment process to ensure we manage these risks appropriately.
Summary:
- Why physical climate risk matters for farmland investors
- How we integrate physical climate risks into farmland investments
- Example: Managing wildfire risks to vineyards
Related articles
Real estate
Key themes for 2025: Riding the real estate recovery
Our 2025 outlook highlights our top investment ideas and insights on the global need for housing, the strength of alternative property types, the rebirth of retail and the shifting nature of environmental, social and governance (ESG) considerations.
Alternatives
Advances in wind and solar operations and maintenance
This paper examines the latest developments in O&M, including how innovative approaches, from drones to PV module cleaning technologies, are helping deliver better technical performance and profitability to clean energy projects.
Real assets
A natural fit
We explore the evolution of natural capital and the trends driving increasing investor interest in nature-based solutions.
Past performance is no guarantee of future results. All investments carry a certain degree of risk, including the loss of principal. Investment objectives may not be met.
As an asset class, agricultural investments are less developed, more illiquid, and less transparent compared to traditional asset classes. Agricultural investments will be subject to risks generally associated with the ownership of real estate-related assets, including changes in economic conditions, environmental risks, the cost of and ability to obtain insurance, and risks related to leasing of properties. Certain products and services may not be available to all entities or persons.
Responsible investing incorporates Environmental Social Governance (ESG) factors that may affect exposure to issuers, sectors, industries, limiting the type and number of investment opportunities available, which could result in excluding investments that perform well.
ESG integration incorporates financially relevant ESG factors into investment research in support of portfolio management for actively managed strategies. Financial relevancy of ESG factors varies by asset class and investment strategy. Applicability of ESG factors may differ across investment strategies. ESG factors are among many factors considered in evaluating an investment decision, and unless otherwise stated in the relevant offering memorandum or prospectus, do not alter the investment guidelines, strategy or objectives.
This information does not constitute investment research as defined under MiFID.
Nuveen, LLC provides investment solutions through its investment specialists, including Nuveen Natural Capital LLC