Topic: Asia Investor Group on Climate Change

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
  • Climate Action 100+ launches public consultation to enhance the Net Zero Company Benchmark for the initiative’s next phase, set to launch in mid-202
Climate Action 100+, the world’s largest investor engagement initiative on climate change, has released an interim set of Net Zero Company Benchmark assessments of its focus companies.

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 transition limiting global temperature rise to 1.5°C via policies such as: medium and long-term climate strategies, transitioning energy away from fossil fuels, ending deforestation, bolstering climate finance, and strengthening disclosures.

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 further information on the ICAPs Expectations Ladder’s tiers, asset classes, tools and methodologies, sector levels, as well as where to find new resources on topics of increasing importance such as nature, biodiversity, adaptation and resilience.

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 change and green finance.

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 April 2021, with some asset managers also disclosing early or updating their initial targets
  • 53 asset managers have joined the initiative since November 2021, bringing the total to 273, representing more than USD 61.3 trillion in assets under management
  • New signatories include T.

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. Countries that have adopted low carbon policies are already seeing a drop in emissions.

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 investor-led initiative ahead of U.S.

Investor groups call for decisive decarbonisation action from Japanese government after COP26

25 March 2022

AIGCC and two other founding partners of The Investor Agenda, a collaborative initiative of network organisations with thousands of institutional investor members and signatories that manage tens of trillions of dollars of assets, have written to Prime Minister Fumio Kishida of Japan to urge his government to take more swift and decisive action in its pursuit of decarbonisation goals following the outcome of the 26th United Nations Climate Change Conference of the Parties (COP26) in Glasgow in November 2021.

AIGCC 2021 Annual Report

Report | Asia Investor Group on Climate Change | March 2022

2021 saw the Asia Investor Group on Climate Change (AIGCC) turn five years old. After modest beginnings of a handful of members and staff, and a launch in Singapore, AIGCC has grown rapidly as the region’s investors grapple with the complexity and opportunities of the net zero emissions transition.

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