Topic: Asia Investor Group on Climate Change
22 March 2021
– Benchmark defines key indicators of success for business alignment with a net zero emissions future and goals of the Paris Agreement
– Detailed assessments show companies are increasingly making ambitious climate commitments, but now need to deliver
– Benchmark sets clear engagement priorities for $54 trillion investor-led initiative to drive faster corporate climate action
Climate Action 100+, the world’s largest investor engagement initiative on climate change, has released its first-ever benchmark evaluating the corporate ambition and action of the world’s largest greenhouse gas emitters and other companies with significant opportunity to drive the net zero transition.
8 March 2021
A Paris-aligned transition to net zero emissions across Asia would create up to $US37 trillion out to 2050 in fresh investment opportunities in energy alone, a new analysis by the Asia Investor Group on Climate Change (AIGCC) finds.
The new AIGCC policy brief analysed the outputs of multiple global climate and energy modelling projects to help investors begin understanding the scale of investment opportunities that will be created across Asia in meeting the Paris Agreement goals.
2 March 2021
Asian investors are adopting more sophisticated strategies and tools to manage climate change risks and have a large and growing appetite for climate-aligned investments, the latest industry survey by the Asia Investor Group on Climate Change (AIGCC) has found.
The second annual
Net Zero Investment in Asia survey canvassed the views of regional investors from organisations collectively representing over USD1.9 trillion in assets under management across November and December 2020.
17 December 2020
Almost half the focus companies of Climate Action 100+ – the world’s largest ever investor engagement initiative on climate change – have now established commitments to reach net-zero emissions by 2050 or sooner, its latest progress report reveals.
The
Climate Action 100+ 2020 Progress Report also outlines the significant growth and evolution of Climate Action 100+.
11 December 2020
- 30 founding investor signatories to Net Zero Asset Managers initiative will work in collaboration with clients to achieve target-based net zero goal by 2050 or sooner
- Other asset managers encouraged to join initiative, to demonstrate sector leadership and commitment to sustainable future
Asset managers representing over $9 trillion of assets under management (AUM) today announced the launch of the Net Zero Asset Managers initiative.
1 December 2020
A new report by the Asia Investor Group on Climate Change (AIGCC) calls on electric utilities to ramp up efforts to mainstream climate risk response into their business strategies and existing operations to be better prepared for the transition to a net-zero emissions economy.
The AIGCC report finds that electric utilities across the region are of particular concern to investors due to their emissions-intensive nature.
1 December 2020
- Initiative grows 142% in signatories to include 545 institutional investors with $52 trillion in assets under management working to ensure the world’s largest corporate emitters act on the climate crisis
- SSGA becomes the third ‘top twenty’ asset manager to join the initiative in 2020, following BlackRock and Invesco
State Street Global Advisors (SSGA), the world’s third largest asset manager with nearly USD $3.2 trillion in assets under management (AUM),
announced today it will join Climate Action 100+, the world’s largest investor engagement initiative on climate change.
30 November 2020
Singaporean sovereign wealth fund GIC has joined the Asia Investor Group on Climate Change (AIGCC) and the Climate Action 100+ initiative, in a further boost to regional investor engagement on climate change.
Rebecca Mikula-Wright, Executive Director of AIGCC and member of the global Climate Action 100+ steering committee, said:
“AIGCC is proud to welcome GIC as a member and as a signatory to Climate Action 100+, and is looking forward to working with the team on its active climate risk engagement.
18 November 2020
Climate Action 100+, a global initiative involving over 500 signatories responsible for more than USD47 trillion assets under management, has expanded the focus list of companies it is engaging with to deliver Paris Agreement-aligned emissions cuts, implement strong climate governance frameworks and improve climate-related disclosures.
The changes to the Climate Action 100+ focus list follows a periodic review by the initiative to ensure the companies engaged remain relevant to confronting the global climate change crisis.
10 November 2020
A new commitment to achieve net zero emissions by 2050 from global electronics manufacturer Hon Hai Precision Industry Co. (Foxconn) has been welcomed by institutional investors and stewardship providers engaging with the company through the Climate Action 100+ initiative.
The company has issued a press statement in response to investor engagement through Climate Action 100+, stating that it aims to achieve the goal of net zero greenhouse gas emissions by 2050 across its value chain.