Topic: Asia Investor Group on Climate Change

Investors rally to turn COP23 talk into action

13 November 2017

Bonn, November 13, 2017. The US government may have announced plans to pull out of the Paris Agreement but this has not derailed climate progress around the globe as investors, governments and other stakeholders look to ramp up their climate commitments at COP23. According to a new survey published in September by financial market researchers East & Partners on behalf of HSBC, institutional investors are gearing up to plough increasing amounts of cash into the low carbon transition, with two-thirds saying they plan to increase their level of investment in climate mitigation efforts.

Al Gore joins unprecedented Asian investor climate change roundtable

15 September 2017

13 September, Singapore: Convened by the Asia Investor Group on Climate Change (AIGCC), an unprecedented gathering of investors representing $3.5trn in assets and former US Vice President Al Gore, met in Singapore this week to discuss climate change risks and opportunities as part of the Milken Asia Summit 2017.

UPDATED – LETTER FROM GLOBAL INVESTORS TO GOVERNMENTS OF THE G7 AND G20 NATIONS

3 July 2017

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 than USD 22 trillion in assets) have written to G20 leaders urging governments to stand by their commitments to the Paris Agreement at their upcoming Summit in Hamburg on 07- 8 July 2017.

Regional investors support better business reporting on climate change through TCFD

29 June 2017

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 the policy response.

New Investor Report: Oil & Gas companies show progress on climate change, but laggards like ExxonMobil remain way behind

15 May 2017

In a new report, published today, global investors conclude that some of the largest global oil and gas companies such as Statoil, Eni and Total are well ahead of others like ExxonMobil when it comes to climate change management and disclosure. Investor Climate Compass: Oil and Gas – Navigating Investor Engagement is a joint report from the four investor networks that make up the Global Investor Coalition on Climate Change (GIC) and CDP.

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 and drive its swift implementation. 282 long‐term institutional investors representing more than USD $17 trillion in assets have written to G7 heads of state urging governments to stand by their commitments to the Paris Agreement at their upcoming Summit in Taormina, Italy on May 26‐7.

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 Investor Group on Climate Change (IGCC – Australia/New Zealand) and the Asia Investor Group on Climate Change (AIGCC – Asia) Transparency in Transition: A Guide to Investor Disclosure on Climate Change is an essential building block to support investors and stakeholders in safely steering the global economy through a period of rapid and far-reaching transition, by better understanding the financial implications.

Investors welcome ratification of the Paris Agreement

10 November 2016

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 to ratify the Paris Agreement.

Global Investors Acting on Climate Change

10 November 2016

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 with companies on carbon-reducing strategies, deploy capital to low carbon assets, decarbonise investment portfolios and engage with policymakers.

Global investors launch guide to drive engagement on Climate Risk with the automotive sector

11 October 2016

Less than a week after the UN confirmed the Paris Agreement would come into effect on 04 November this year, a global network of more than 250 institutional investors (representing assets worth over $24 Trn) has published a guide setting out the threats facing the automotive sector and investor expectations for how these companies must shift gear to adapt their business strategies to address climate-related risk and build a sustainable low carbon transport system for the future.