Topic: Asia Investor Group on Climate Change

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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IPCC Report of physical climate risks throughout Asia should prompt climate action from investors – Asia Investor Group on Climate Change

28 February 2022

The IPCC report, released today, covers global climate impacts, adaptation, and vulnerability. It also documents the extreme implications for Asia’s environment, society, and economy. The latest Intergovernmental Panel on Climate Change (IPCC) report released today underlines the reasons institutional investors should be accelerating their climate action plans on behalf of their clients, says the Asia Investor Group on Climate Change (AIGCC), whose members control more than USD 36 trillion in assets under management.

Investors launching new climate-related investment solutions; embracing new climate frameworks – findings from 3rd edition of AIGCC’s Net Zero Investment Report

24 February 2022

Investors are launching more climate-aligned investment products across asset classes and geographies, according to new survey data in the Asia Investor Group on Climate Change (AIGCC)’s Net Zero Investment Report. Investors are also becoming increasingly aware of the dangers of greenwashing and welcome more tools and guidance frameworks to combat it.

Pursuit of Ambitions: Net Zero Investment in Asia 2021 (3rd edition)

Report | Asia Investor Group on Climate Change | February 2022

The Asia Investor Group on Climate Change (AIGCC) has undertaken an annual study since 2019 to gather investor insights on how the market is defining and investing in climate-aligned opportunities, and the barriers to increased investment they continue to face. This report outlines findings from the third survey.

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New case studies aim to generate more investor climate action plans and accelerate the global net zero transition

12 January 2022

The Investor Agenda highlights the leading best practices from Allianz, Aware Super, CalSTRS, Cathay Financial Holdings, FAMA Investimentos, IFM Investors, Mirae Asset Global Investments, PensionDanmark, Sumitomo Mitsui Trust Asset Management, UniSuper in issuing and implementing Investor Climate Action Plans (ICAPs) In an effort to generate worldwide momentum that will lead to more institutional investors implementing bold climate action plans, the Investor Agenda published today a set of case studies highlighting the leading best practices for Investor Climate Action Plans (ICAPs).

Investors should scrutinise Asian CCS plans as new analysis finds large-scaled deployment could fall short

13 December 2021

The deployment of carbon, capture and storage (CCS) across Asia will likely undershoot industry claims and scenario projections, with a new analysis finding that significant financial and operational hurdles for large-scale deployment will remain for decades. A growing number of Asian governments and companies are putting significant stock in CCS to underpin their transition plans and bridge emissions gaps to reach net zero.

COP26 signals accelerated zero carbon investment drive; severe climate risks remain

14 November 2021

Commitments made in advance and during COP26 have put keeping global warming to 1.5°C within reach, accelerating investment towards net zero emissions. Stronger policies and 2030 targets are still required to unlock the trillions of dollars required to avoid the worst impacts of climate change. “Global warming of above 1.5°C presents irreversible, foreseeable and large-scale risks to investors and financial markets,” Rebecca Mikula-Wright, Chief Executive Officer of the Asia Investor Group on Climate Change (AIGCC), said.

Net Zero Asset Managers initiative signatories disclose interim targets, with over a third of assets managed in line with net zero

1 November 2021

  • 43 asset managers share first interim targets for the proportion of assets managed in line with achieving net zero by 2050, and set shorter term targets for reducing emissions within their investments
  • Signatories disclose that 35% of their total assets under management, totalling USD 4.2 trillion out of a possible USD 11.9 trillion, is being managed in line with achieving net zero by 2050
  • A record 92 new asset managers representing USD 10.8 trillion in assets join initiative, bringing the total to 220 investors managing USD 57.4 trillion
  • Network partners managing the initiative set out expectations on fossil fuel investment, asking signatories to adopt robust and science-based policies aligned with a 1.5°C scenario
  43 investors have disclosed their first interim targets for the proportion of assets managed in line with achieving net zero by 2050, according to a new progress report released today.