Neuberger Berman is to introduce a strategic overlay measuring the potential implications of climate change across a range of its funds.
The firm said the criteria would be introduced 'as the world transitions to a lower carbon economy'.
The firm will model assumptions written into Paris Agreement on climate change to identify which securities are likely to benefit or suffer from changes in weather patterns, regulation or technology.
Analysts will then focus on engaging with those companies that are particularly at risk.
Head of environmental, social and governance at Neuberger Berman Jonathan Bailey said: 'No scenario will be perfectly accurate, but by systematically modelling climate-related risk and opportunity, our portfolio managers are better informed about how their portfolios are positioned.
'They can then choose how best to apply all the tools of active management, whether that is to engage or ultimately to sell a security when it no longer offers an attractive risk-adjusted potential return.'
Chief executive and chair George Walker added: 'Climate change is real and will impact risk and return across industries and asset classes.
'As an asset manager with a long-term perspective, we believe it is important to our clients to assess the potential implications of climate change for the companies in which we invest.'