Almost half the focus companies of Climate Action 100+ – the world’s largest ever investor engagement initiative on climate change – have now established commitments to reach net-zero emissions by 2050 or sooner, its latest progress report reveals. The Climate Action 100+ 2020 Progress Report also outlines the significant growth and evolution of Climate Action 100+. There are now 545

  30 founding investor signatories to Net Zero Asset Managers initiative will work in collaboration with clients to achieve target-based net zero goal by 2050 or sooner Other asset managers encouraged to join initiative, to demonstrate sector leadership and commitment to sustainable future   Asset managers representing over $9 trillion of assets under management (AUM) today announced the launch of

A new report by the Asia Investor Group on Climate Change (AIGCC) calls on electric utilities to ramp up efforts to mainstream climate risk response into their business strategies and existing operations to be better prepared for the transition to a net-zero emissions economy.  The AIGCC report finds that electric utilities across the region are of particular concern to investors

Initiative grows 142% in signatories to include 545 institutional investors with $52 trillion in assets under management working to ensure the world’s largest corporate emitters act on the climate crisis SSGA becomes the third ‘top twenty’ asset manager to join the initiative in 2020, following BlackRock and Invesco State Street Global Advisors (SSGA), the world’s third largest asset manager with

Singaporean sovereign wealth fund GIC has joined the Asia Investor Group on Climate Change (AIGCC) and the Climate Action 100+ initiative, in a further boost to regional investor engagement on climate change. Rebecca Mikula-Wright, Executive Director of AIGCC and member of the global Climate Action 100+ steering committee, said: “AIGCC is proud to welcome GIC as a member and as

Climate Action 100+, a global initiative involving over 500 signatories responsible for more than USD47 trillion assets under management, has expanded the focus list of companies it is engaging with to deliver Paris Agreement-aligned emissions cuts, implement strong climate governance frameworks and improve climate-related disclosures. The changes to the Climate Action 100+ focus list follows a periodic review by the

A new commitment to achieve net zero emissions by 2050 from global electronics manufacturer Hon Hai Precision Industry Co. (Foxconn) has been welcomed by institutional investors and stewardship providers engaging with the company through the Climate Action 100+ initiative. The company has issued a press statement in response to investor engagement through Climate Action 100+, stating that it aims to

The founding partner organizations of a major global initiative aimed at worldwide investor action on climate change are calling on the United States to rejoin the Paris Agreement following the country’s formal withdrawal from the global pact today. With 189 nations having ratified the landmark accord since 2015, the U.S. is the only country in the world to have formally

In response to Prime Minister Yoshihide Suga’s commitment to a 2050 net zero emissions goal for Japan, Asia Investor Group on Climate Change (AIGCC) Executive Director, Rebecca Mikula-Wright, said: “Japan’s commitment to achieving net zero emissions by 2050 is great news for the planet and Japanese companies, which stand to benefit from the fresh investment that strong action on climate

Investors are concerned that companies risk overstating financial statements by failing to include the effects of climate change on profits and assets Major investor groups from around the world and representing assets worth over $US103 trillion have released an open letter on accounting standards calling on companies and auditors to fully reflect the effects of climate change in their declared

Letter sent to CEOs and chairs of the board at 161 global companies sets out benchmark and calls on firms to commit to net-zero business strategies. Initiative, involving over 500 global investors with over $US47 trillion in assets, to assess company progress in line with net-zero transition against 30 indicators. The Climate Action 100+ Steering Committee is writing to 161 CEOs

In response to the release of climate change scenarios and an inquiry into the potential macroeconomic impacts of climate change by the world’s central banks working through the Network for Greening the Financial System, Rebecca Mikula-Wright, Director of the Asia Investor Group on Climate Change, said:  “These scenarios prepared by the world’s central banks, including many from Asia, clearly demonstrate climate change

In response to Japan’s release of a revised Nationally Determined Contribution under the Paris Agreement, Director of the Asia Investor Group on Climate Change, Rebecca Mikula-Wright, said:  “It is discouraging to see that Japan’s revised pledge under the Paris Agreement contains no immediate commitment to greater emissions reductions. In February, global investor organisations wrote to Prime Minister Abe encouraging Japan

International investor organisations, whose members have assets under management worth hundreds of trillions in yen, have written to Prime Minister Shinzo Abe of Japan to encourage his government to demonstrate global climate change leadership by strengthening its emissions reduction pledges under the Paris Agreement ahead of the crucial 26th Conference of the Parties (COP26) to the United Nations Framework Convention

NEW REPORT: “Winds of Change: Low carbon investing in Asia”  Beijing, Monday December 2nd, 2019. By the Asia Investor Group on Climate Change Asian investor survey: appetite for low carbon investment is strong and company engagement on climate risks is increasing. As the 25th annual UNFCCC Conference of the Parties (COP25) gets underway in Madrid, investor appetite for climate investment

Montréal, Singapore. September 18, 2019: The Asia Investor Group on Climate Change (AIGCC), a network of Asian asset owners and financial institutions, and the Caisse de dépôt et placement du Québec (CDPQ), a long-term institutional investor, today announced a new partnership to develop capacity-building training for investment teams in Asian markets. The announcement coincides with the third annual AIGCC CEO/CIO Asset Owner

Climate change is multiplying risks for investors in Asia, and unless unprecedented actions are taken we are on track to a 3°C world, with serious, severe impacts on water resources. Investment portfolios of Asian asset owners are uniquely exposed, putting the continent’s savings at risk, says the new report. The report highlights that Asian pension funds already face shortfalls due

Investors call on world leaders to address climate change ‘ambition gap’ Record breaking number of global investors call on governments to accelerate action on climate change KATOWICE, POLAND, 10 DECEMBER – Global investors today called on governments around the world to step up action to address climate change. 415 investors, with $32 trillion in assets-under-management, are behind the call-to-action as signatories

Investors release major new guide to climate change reporting in Asia Today the Asia Investor Group on Climate Change (AIGCC) is releasing a new report ‘Building on the base: TCFD Disclosure in Asia’, the first comprehensive guide developed by investors to look at climate change reporting by publically listed companies in Asia against the Taskforce on Climate-related Financial Disclosure (TCFD).

Global investors launch new initiative to engage largest corporate Greenhouse Gas Emitters at One Planet Summit 100 investors with more than USD $15 trillion in assets under management have committed to addressing climate change with the companies they invest in PARIS 12 December 2017 – A new global initiative to harness the power of the world’s most influential institutional investors

New climate change integration guide for investors launched at ChinaSIF, Beijing Launch of new Asia climate change investor guide Asian investors must face up to major climate risks Asian investors can protect long-term returns by taking greater measures to manage climate risk. This is one of the key messages in a comprehensive new climate change investor guide launched today at

UPDATED – LETTER FROM GLOBAL INVESTORS TO GOVERNMENTS OF THE G7 AND G20 NATIONS Nearly 400 global investors (managing more than $22 trillion in assets) urge G20 to stand by Paris Agreement and drive its swift implementation. UPDATE: London/NY/Sydney 00.01 GMT Monday 03 July 2017 (revised from material previously issued on 8 & 22 May 2017) Long-term institutional investors (390 representing more

Regional investors support better business reporting on climate change through TCFD Investors across Australia, New Zealand and Asia have welcomed the release of the Financial Stability Board Taskforce on Climate-Related Financial Disclosures (TCFD) final recommendations. This industry-led taskforce, originally established under the G20, demonstrates that business is developing their own response to climate change as a commercial reality, separate to

Over 280 global investors (managing more than $17 trillion in assets) urge G7 to stand by Paris Agreement and drive its swift implementation 8 May 2017 UPDATE: London/New York/Sydney Monday 22 May 2017 (revised from material previously issued on 8 May 2017) Over 280 global investors (managing more than $17 trillion in assets) urge G7 to stand by Paris Agreement

Asian and Australian investors launch major new guide on climate change disclosure 12 April 2017 Investor groups from Australia and Asia have come together to release a major new guide on climate change disclosure for institutional investors, the first to be released following the publication of the draft recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD). Developed by the

Investors welcome ratification of the Paris Agreement The Asia Investor Group on Climate Change (AIGCC) welcomes recent announcements that Japan, Korea and today Australia have ratified the Paris Agreement. Speaking on behalf of AIGCC, Emma Herd, Chief Executive Officer of Investor Group on Climate Change (IGCC) said “Investors strongly endorse the Paris Agreement and welcome today’s decision by these governments

Global Investors Acting on Climate Change The Asia Investor Group on Climate Change (AIGCC) has joined global investor groups in releasing a new snapshot of the actions investors have taken since the Paris Agreement was finalised. Investors Got the Signal: Actions in 2016 since the Paris Agreement highlights practical examples of the steps investors have taken in 2016 to engage

Investors press G20 to ratify Paris Agreement swiftly & expand Low Carbon / Green Investment 130 investors ($13 Trillion AUM) also urge G20 to double global investment in clean energy, strengthen climate disclosure, adopt carbon pricing and phase out fossil fuel subsidies. Download the letter to G20 governments Download the media release