Topic: Asia Investor Group on Climate Change
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.
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.
27 October 2021
Signatories represent more than half of all assets under management globally
A record 733 institutional investors from around the world, with more than US$52 trillion in assets under management, have signed an ambitious statement to governments ahead of COP26, calling for a number of measures that would help avoid catastrophic temperature rise and manage climate risk.
18 October 2021
- A Report Card of G20 countries’ climate policies finds several Asia-Pacific nations are among the least attractive green investment destinations
- Strong 2030 emissions targets, net zero by 2050 and mandatory climate risk disclosure can close the gap and attract investment
- Investors with over US$46 trillion in assets are calling on G20 leaders to act as the most consequential international climate conference since Paris approaches
- G20 countries have significant work to do to ensure climate risk is effectively managed
An assessment released today by three major global investor groups that G20 countries have significant policy barriers deterring investment in the opportunities to tackle the growing climate crisis.
11 October 2021
Investor and stewardship service provider signatories to Climate Action 100+ have written to the Presidential Committee on Carbon Neutrality encouraging it to outline a clear and fully aligned-2050 decarbonisation pathway to support South Korean company transition to net zero emissions.
The letter urges that the recently developed Net Zero 2050 scenario from the International Energy Agency (IEA NZ2050), and its indicative coal and gas phase-out dates, be embedded in the transition pathways the Committee is developing for South Korea to achieve its mid-century carbon neutrality goal.
24 September 2021
Investors engaging with CLP Group on climate change through the Asian Utilities Engagement Program have welcomed the company’s commitments to achieving net zero emissions by 2050 and phasing out its coal power fleet by 2040.
20 September 2021
- Paris Aligned Asset Owners group grows to 40 investors with combined assets under management of USD 2.35 trillion
- New joiners to the initiative include HESTA – the first Australian signatory – as well as number of Danish pension funds, Railpen, Tesco Pension Investment
and Elo Mutual Pension Insurance Company
- Investors commit to achieving net zero portfolio emissions by 2050 or sooner, engaging with this target in mind, and increasing investments in climate
solutions
- Signatories join at the start of Climate Week NYC 2021, boosting membership of the Race to Zero campaign
12 new asset owners have joined the 28 existing signatories to the Paris Aligned Investment Initiative Net Zero Asset Owner Commitment, bringing the total signatories to the initiatives to 40.
14 September 2021
In the run-up to the most consequential United Nations climate change conference in years, and on the heels of another urgent warning from the world’s leading scientists, a record number of 587 investors with US$46 trillion in assets under management are urging governments to rapidly implement five priority policy actions that will allow them to invest the trillions needed to respond to the climate crisis.
17 August 2021
China’s landmark national emissions trading scheme has the potential to reduce the country’s carbon emissions by three to six billion tonnes a year by 2060, new analysis by the Asia Investor Group on Climate Change (AIGCC) and Schroders has found.
The new analysis finds that the initial impact of the national trading scheme (ETS) launched will be limited but could become more material for covered industries and companies by the mid-2020s as China aims to peak emissions before 2030.
15 July 2021
The Asia Investor Group on Climate Change has encouraged Chinese investors to adopt climate action plans to achieve carbon neutrality in an address to the 2021 ChinaSIF Summer Summit in Beijing.
亚洲投资者气候变化联盟于北京2021中国责任投资论坛夏季峰会致辞鼓励中国投资者采纳气候行动计划以达至碳中和。
In a remote address to the summit, AIGCC Chief Executive Officer, Rebecca Mikula-Wright, made the following key points:
亚洲投资者气候变化联盟（AIGCC）的首席执行官Rebecca Mikula-Wright于远程致辞提出以下要点:
- Expectations for investors to align their portfolios with net zero emissions are accelerating and many are now moving from adopting this goal to implementing it across their portfolios.