Topic: Asia Investor Group on Climate Change

Paris Aligned Asset Owners initiative publishes first Progress Report and initial target disclosures for a further 13 signatories

9 November 2022

  • Inaugural Progress Report showcases innovation and best practice amongst asset owners for turning net zero commitments into action
  • New targets mean 40 asset owners have disclosed initial targets since March 2021
  • The Paris Aligned Asset Owners comprises 57 signatories representing over $3.3 trillion AUM
  • Asset owners are typically pension and

More than 600 investors with almost $42 trillion in assets under management call on governments to radically raise their climate ambition at COP27

2 November 2022

The 2022 Global Investor Statement to Governments on Climate Change represents the most ambitious investor call for policy action since the first statement in 2009. The 2022 Global Investor Statement to Governments on the Climate Crisis has been submitted to governments before COP27 with 602 investor signatures representing US $42

Climate Action 100+ Net Zero Company Benchmark shows continued progress on net zero commitments is not matched by development and implementation of credible decarbonisation strategies

13 October 2022

  • Interim cycle of Benchmark assessments provides investors with timely data to inform engagement strategies ahead of upcoming proxy seasons
  • Latest assessments reveal progress on net zero commitments, just 6 months after last round, but too often these are not matched by credible transition plans showing how they will be achieved

More than 500 institutional investors from around the world join forces to urge governments to step up climate policy ambition

13 September 2022

  • The 2022 Global Investor Statement to Governments on the Climate Crisis launches today with 533 investor signatories representing US $39 trillion in assets. The statement is open for investors to join the unified call for government action until COP27.
  • The statement urges governments to implement policies consistent with a just

The Investor Agenda releases new guidance for investors to develop and publish ambitious Investor Climate Action Plans

6 July 2022

  • The seven Founding Partners of the Investor Agenda have released updated ICAPs Guidance to help investors reach a net zero emissions economy by 2050 or sooner.
  • The ICAPs Guidance is designed to accompany the ICAPs Expectations Ladder to raise investor ambition on the climate crisis.
  • The updated Guidance document adds

AIGCC responds to public consultation on the US Securities and Exchange Commission’s proposal on the Enhancement and Standardization of Climate-Related Disclosures for Investors

16 June 2022

As a group representing leading Asian investors, AIGCC welcomes the US SEC’s new rule on mandating climate disclosure for companies and investors. In recent years, Asian governments have made great steps forward in enhancing Nationally Determined Contributions (NDCs), publicly committing to carbon neutrality goals, and making related legislations on climate

Net Zero Asset Managers initiative publishes initial targets for 43 signatories as the number of asset managers committing to net zero grows to 273

31 May 2022

  • Less than 18 months since the initiative launched, 83 asset managers have set initial targets, with 39% of their assets (USD 16 trillion) now committed to be managed in line with achieving net zero by 2050 or sooner
  • Most targets are from those who joined the initiative in March and

IPCC Report on mitigation shows renewables remain key for energy security and climate action – Asia Investor Group on Climate Change

5 April 2022

Only a very small window remains to meet the goals of the Paris Agreement. The new IPCC report, released today, shows how the world can meet its climate targets. Renewables are the key to energy security, said the Intergovernmental Panel on Climate Change (IPCC) Working Group III report released yesterday.

Climate Action 100+ Net Zero Company Benchmark shows an increase in company net zero commitments, but much more urgent action is needed to align with a 1.5°C future

30 March 2022

– While 69% of focus companies have set commitments to achieve net zero emissions by 2050 or sooner, overall Benchmark finds companies have failed to show progress across key indicators, including disclosure of 1.5°C-aligned medium-term emissions targets and capex strategies.
– Benchmark sets urgent engagement priorities for USD 68 trillion