{"id":11664,"date":"2021-09-28T18:37:48","date_gmt":"2021-09-28T13:07:48","guid":{"rendered":"https:\/\/gjepc.org\/solitaire\/?p=11664"},"modified":"2021-09-29T10:03:30","modified_gmt":"2021-09-29T04:33:30","slug":"wgc-report-highlights-golds-role-in-decarbonising-investment-portfolios","status":"publish","type":"post","link":"https:\/\/gjepc.org\/solitaire\/wgc-report-highlights-golds-role-in-decarbonising-investment-portfolios\/","title":{"rendered":"WGC Report Highlights Gold\u2019s Role In Decarbonising Investment Portfolios"},"content":{"rendered":"\n<p>The World Gold Council (WGC) launched a new report \u201cGold and climate change: Decarbonising investment portfolios\u201d, which looks at gold\u2019s potential impact on the carbon profile of investment portfolios and their alignment with climate targets. This report aims to provide investors and stakeholders with a greater understanding of the implications regarding the transition to net zero carbon for gold in the context of a global multi-asset portfolio.<\/p>\n\n\n\n<p>The WGC collaborated with specialist climate risk consultancy Urgentem Research, which provided most of the primary analysis.<\/p>\n\n\n\n<p>This report builds on the WGC\u2019s earlier works of 2018 (Gold and Climate Change: An Introduction), 2019 (Gold and Climate Change: Current and Future Impacts) and 2020 (Gold and Climate Change: The Energy Transition).<\/p>\n\n\n\n<p>This analysis adopts a conservative scenario by assuming that the gold in these portfolios will largely be sourced from newly mined supply and that investors in bullion and bullion-backed products therefore \u2018inherit\u2019 the embedded carbon footprint associated with new gold production. In practice, gold would be sourced from the plentiful above-ground stocks, so our findings very likely overstate the embedded emissions associated with gold holdings in a portfolio.<\/p>\n\n\n\n<p>Key findings of the report:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Including gold as a portfolio asset can have a positive impact on portfolio performance from a climate transition perspective<\/li><li>The benefits of holding gold in a globally diversified portfolio (of equities and corporate bonds) include:<ul><li>Reducing the portfolio\u2019s overall carbon footprint without sacrificing returns<\/li><li>Increasing portfolio alignment to climate targets and decarbonisation (Net Zero) pathways<\/li><li>Increasing the allocation to gold lowers the implied temperature increase of a portfolio<\/li><li>Reducing the vulnerability of the portfolio to climate transition risks and shocks, such as the introduction of a carbon tax<\/li><\/ul><\/li><li>The positive portfolio climate effects were achieved without adversely affecting the risk-return profile of the portfolio. In fact, there were strong indications that an allocation to gold would improve the performance and risk profile of the portfolio, in addition to its climate transition benefits<\/li><\/ul>\n\n\n\n<p>John Mulligan, Director, Climate Change Lead says: \u201cOur new research clearly highlights the significant role that gold can have in making a positive impact on portfolio performance from a climate transition perspective. Gold typically outperforms when markets are stressed, and climate-related risks are going to challenge all markets more often and more severely. \u201cGold\u2019s diversification potential is going to be increasingly relevant, and this research reinforces its strategic benefits as a risk mitigation asset. But investors also need to be confident that their holdings can contribute to the decarbonisation of the global economy and that their portfolios are increasingly aligned to Net Zero pathways. Our analysis strongly suggests that gold can help support this transition.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The World Gold Council (WGC) launched a new report \u201cGold and climate change: Decarbonising investment portfolios\u201d, which looks at gold\u2019s potential impact on the carbon profile of investment portfolios and their alignment with climate targets. This report aims to provide investors and stakeholders with a greater understanding of the implications regarding the transition to net&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11665,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[],"thb-sponsors":[],"class_list":["post-11664","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bulletin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>WGC Report Highlights Gold\u2019s Role In Decarbonising Investment Portfolios - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gjepc.org\/solitaire\/wgc-report-highlights-golds-role-in-decarbonising-investment-portfolios\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WGC Report Highlights Gold\u2019s Role In Decarbonising Investment Portfolios - Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"og:description\" content=\"The World Gold Council (WGC) launched a new report \u201cGold and climate change: Decarbonising investment portfolios\u201d, which looks at gold\u2019s potential impact on the carbon profile of investment portfolios and their alignment with climate targets. This report aims to provide investors and stakeholders with a greater understanding of the implications regarding the transition to net&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gjepc.org\/solitaire\/wgc-report-highlights-golds-role-in-decarbonising-investment-portfolios\/\" \/>\n<meta property=\"og:site_name\" content=\"Solitaire magazine is a International jewellery magazine - India\u2019s leading B2B gem and jewellery magazine\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-28T13:07:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-29T04:33:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2021\/09\/002banner.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/#website\",\"url\":\"https:\/\/gjepc.org\/solitaire\/\",\"name\":\"Solitaire magazine is a International jewellery magazine - India\\u2019s leading B2B gem and jewellery magazine\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/gjepc.org\/solitaire\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/wgc-report-highlights-golds-role-in-decarbonising-investment-portfolios\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/gjepc.org\/solitaire\/wp-content\/uploads\/2021\/09\/002banner.jpg\",\"width\":1000,\"height\":500},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/wgc-report-highlights-golds-role-in-decarbonising-investment-portfolios\/#webpage\",\"url\":\"https:\/\/gjepc.org\/solitaire\/wgc-report-highlights-golds-role-in-decarbonising-investment-portfolios\/\",\"name\":\"WGC Report Highlights Gold\\u2019s Role In Decarbonising Investment Portfolios - Solitaire magazine is a International jewellery magazine - India\\u2019s leading B2B gem and jewellery magazine\",\"isPartOf\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/wgc-report-highlights-golds-role-in-decarbonising-investment-portfolios\/#primaryimage\"},\"datePublished\":\"2021-09-28T13:07:48+00:00\",\"dateModified\":\"2021-09-29T04:33:30+00:00\",\"author\":{\"@id\":\"https:\/\/gjepc.org\/solitaire\/#\/schema\/person\/b614a6d604f6c36c387b4c876bb33d79\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/gjepc.org\/solitaire\/wgc-report-highlights-golds-role-in-decarbonising-investment-portfolios\/\"]}]},{\"@type\":[\"Person\"],\"@id\":\"https:\/\/gjepc.org\/solitaire\/#\/schema\/person\/b614a6d604f6c36c387b4c876bb33d79\",\"name\":\"GJEPC\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/gjepc.org\/solitaire\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f6c5b479a8ec14da0f88385e2b6cd51ccb37ac80c31409ecaebe5524700952a2?s=96&d=mm&r=g\",\"caption\":\"GJEPC\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/11664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/comments?post=11664"}],"version-history":[{"count":3,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/11664\/revisions"}],"predecessor-version":[{"id":11697,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/posts\/11664\/revisions\/11697"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/media\/11665"}],"wp:attachment":[{"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/media?parent=11664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/categories?post=11664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/tags?post=11664"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/gjepc.org\/solitaire\/wp-json\/wp\/v2\/thb-sponsors?post=11664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}