Investing
Explore the Climate Transition Global Equity Opportunity
A diversified global equity portfolio positioned for the transition to a decarbonised economy.
Designed to deliver both financial and climate outcomes
As part of Allspring’s US$6.6 billion climate transition suite, the Allspring (Lux) Worldwide Fund - Climate Transition Global Equity Fund offers investors a way to invest in a core global equity solution that can simultaneously help them meet their net-zero goals.
The fund offers exposure to those companies best positioned to benefit from the decarbonised economy over the long term, resulting in an attractive core global equity solution without the style biases commonly seen in climate-focused strategies.
The fund seeks to drive returns through an innovative bottom-up stock selection approach combining sophisticated quantitative models with fundamental validation, adopts a risk-based approach to investing in the transition with all holdings exhibiting an implied temperature rise of 2 degrees or less, and uses multiple risk models in portfolio construction to build a resilient portfolio.
Our Climate Transition Global Equity Fund's investment approach seeks to:
01. Utilise a proven, comprehensive approach to stock selection that blends quantitative tools and fundamental validation
02. Treat carbon intensity like other financial risk factors and incorporate it into portfolio construction to avoid underestimating risks
03. Employ multiple risk models within portfolio construction to mitigate potentially unforeseen or unintended risks and ensure consistent returns
Climate investing: A track record of delivering returns
Source: Allspring, Bloomberg. Data shown is for Allspring (Lux) Worldwide Fund—Climate Transition Global Equity Fund Class I USD. The Fund uses the MSCI All Country World Index as a reference for selecting investments and for performance comparison. The investments of the fund may deviate significantly from the components of and their respective weightings in the benchmark. The benchmark index is not consistent with the environmental or social characteristics promoted by the Sub-Fund. ¹For the period 20 July 2021 to 31 December 2021. Performance calculations are net of all applicable fees and are calculated on a NAV-to-NAV basis (with income reinvested). Performance shown is for class and currency indicated and returns may increase/decrease as a result of currency fluctuations.
Peer group percentile ranking*
6th
Percentile
Over one year
1st
Percentile
Over three years
2nd
Percentile
Since inception
*Source: Morningstar. Data shown is for Allspring (Lux) Worldwide Fund—Climate Transition Global Equity Fund Class I USD (formerly Allspring (Lux) Worldwide Fund—2 Degree Global Equity Fund) as at 31 March 2025. The Morningstar absolute ranking is based on the fund’s total return rank relative to all funds that have the same category for the same time period. Morningstar rankings do not include the effect of sales charges. Past performance is not a reliable indicator of future results.
Featured insights
Justin Carr and Robert Wicentowski, portfolio managers for Allspring’s Systematic Edge Equities team, explain Allspring’s approach to managing a climate transition equity portfolio with a systematic process.
Recent energy crises and political resistance have slowed progress toward net-zero emissions. We believe success will depend on global cooperation to balance short-term energy security with long-term decarbonization goals.
Henrietta Pacquement, Allspring’s head of Sustainability, discusses climate-transition investing and key points for investors to consider as they move toward the next phase of the climate transition.
It might sound counterintuitive, but our research shows a standard market index is often a better benchmark for climate-transition strategies than a climate-focused index.
Alex Temple, senior portfolio manager, has experience and expertise in credit portfolios and sustainable finance, making him a natural fit to co-manage Allspring’s climate transition credit strategies.
Learn more about the fund
Visit the fund page for performance, deeper investment details, and fund documents.
Also in our climate transition suite—fixed income funds. Learn more:
Key risks
Currency risk: Currency exchange rates may fluctuate significantly over short periods of time and can be affected unpredictably by intervention (or the failure to intervene) by relevant governments or central banks, or by currency controls or political developments.
ESG risk: Applying an ESG screen for security selection may result in lost opportunity in a security or industry resulting in possible underperformance relative to peers. ESG screens are dependent on third-party data and errors in the data may result in the incorrect inclusion or exclusion of a security.
Smaller-company securities risk: Securities of companies with smaller market capitalisations tend to be more volatile and less liquid than securities of larger companies.
Global investment risk: Securities of certain jurisdictions may experience more rapid and extreme changes in value and may be affected by uncertainties such as international political developments, currency fluctuations and other developments in the laws and regulations of countries in which an investment may be made.
Emerging market risk: Emerging markets may be more sensitive than more mature markets to a variety of economic factors and may be less liquid than markets in the developed world.
Leverage risk: The use of certain types of financial derivative instruments may create leverage which may increase share price volatility.
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