Expanding Scope Brings Decarbonisation into Focus
Raj Shant shares his views on why the PGIM Jennison Carbon Solutions Equity strategy’s broad approach offers investors untapped opportunities.
PGIM Jennison Carbon Solutions Equity Fund
As public sentiment, government regulations and technology advance the transition to a lower-carbon economy, decarbonisation will ultimately be a decades-long, society-shaping undertaking. Appreciating the magnitude of the related investment opportunity requires a focus that goes far beyond ‘green’ solutions alone. A comprehensive approach that recognises the myriad changes required at all levels of global commerce expands the opportunity set dramatically around what is conservatively estimated to be a $2.5 trillion movement.*
From rethinking basic materials to cutting-edge technology, ongoing carbon reduction efforts are poised to upend industries and inspire motivation on a level that remains largely underappreciated. Explore the areas we believe are best positioned to benefit from central roles in the new decarbonisation economy.
The PGIM JENNISON CARBON SOLUTIONS EQUITY FUND takes a differentiated, comprehensive alpha-based approach to decarbonisation with a concentrated portfolio of 45-65 companies. With a global all-cap multi-sector universe, the fund seeks to invest across a broad range of companies, particularly where the contribution to decarbonisation and likely future growth are being underestimated. Key reasons to invest in the fund include:
Founded more than 50 years ago, Jennison Associates, PGIM’s fundamental equity manager, maintains a performance-driven culture marked by exhaustive research, collaboration and a time-tested investment approach emphasising the power of individual-company fundamentals. Jennison manages $175 billion in AUM, $5 billion of which are in utilities, natural resources, and infrastructure assets.
Raj Shant shares his views on why the PGIM Jennison Carbon Solutions Equity strategy’s broad approach offers investors untapped opportunities.
How quantifying avoided emissions opens new avenues for investment while advancing the carbon-reduction cause.
The Jennison Carbon Solutions Equity team uncovers overlooked opportunities beyond widely-perceived decarbonisation solutions.
This infographic reveals the areas we believe are best positioned to benefit from the new decarbonisation economy.
This whitepaper explores how the pursuit of carbon-reduction goals will drastically alter a wide range of industries and provide a diverse opportunity set.
*Source for $2.5 trillion decarbonization economy: Princeton Net Zero America Report, December 2020
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The views expressed herein are those of PGIM investment professionals at the time the comments were made, may not be reflective of their current opinions, and are subject to change without notice. Neither the information contained herein nor any opinion expressed shall be construed to constitute investment advice or an offer to sell or a solicitation to buy any securities mentioned herein. Neither PFI, its affiliates, nor their licensed sales professionals render tax or legal advice. Clients should consult with their attorney, accountant, and/or tax professional for advice concerning their particular situation. Certain information in this commentary has been obtained from sources believed to be reliable as of the date presented; however, we cannot guarantee the accuracy of such information, assure its completeness, or warrant such information will not be changed. The information contained herein is current as of the date of issuance (or such earlier date as referenced herein) and is subject to change without notice. The manager has no obligation to update any or all such information; nor do we make any express or implied warranties or representations as to the completeness or accuracy.
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