Topic: Asia Investor Group on Climate Change

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.

733 investors with more than US$52 trillion issue strongest-ever unified call for governments to end fossil fuel subsidies, phase out coal, and mandate climate risk disclosure, in a final plea ahead of COP26

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.

G20 policies failing to attract the necessary investments in climate solutions

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.

Climate Action 100+ investors encourage Korean Republic Presidential Committee on Carbon Neutrality to support companies with clear 2050 decarbonisation pathways

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.