Topic: Asia Investor Group on Climate Change
30 March 2020
In response to Japan’s release of a revised Nationally Determined Contribution under the Paris Agreement, Director of the Asia Investor Group on Climate Change, Rebecca Mikula-Wright, said:
“It is discouraging to see that Japan’s revised pledge under the Paris Agreement contains no immediate commitment to greater emissions reductions. In February, global investor organisations wrote to Prime Minister Abe encouraging Japan to create a positive signal for new investment by setting a more ambitious short-term emissions reduction target by 2030 and setting a clear pathway towards zero emissions.
27 March 2020
Current and potential international investors in Korea Electric Power Corporation (KEPCO) have urged the company to reconsider its plans to finance new overseas coal-fired power plants.
The international investors, who have a combined $US5.86 trillion (₩7,178 trillion) in assets under management, have expressed concern that KEPCO’s coal financing plans would counteract the company’s early progress on the low-carbon energy transition and international efforts to mitigate climate change.
17 February 2020
International investor organisations, whose members have assets under management worth hundreds of trillions in yen, have written to Prime Minister Shinzo Abe of Japan to encourage his government to demonstrate global climate change leadership by strengthening its emissions reduction pledges under the Paris Agreement ahead of the crucial 26th Conference of the Parties (COP26) to the United Nations Framework Convention on Climate Change slated for November in Glasgow.
2 December 2019
NEW REPORT: “Winds of Change: Low carbon investing in Asia”
Beijing, Monday December 2
nd, 2019.
By the Asia Investor Group on Climate Change
Asian investor survey: appetite for low carbon investment is strong and company engagement on climate risks is increasing.
As the 25
th annual UNFCCC Conference of the Parties (COP25) gets underway in Madrid,
investor appetite for climate investment opportunities in Asia is strong and engaging with companies on the transition to low carbon is accelerating as Asia feels the sting of increasing physical climate impacts – according to a new survey of institutional investors released today by the Asia Investor Group on Climate Change (AIGCC).
2 October 2019
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US$35 trillion Climate Action 100+ publishes first initiative progress report
–
Breakthrough commitments have been achieved, yet step-change in broader corporate response to climate change is necessary given US$20 trillion systemic risk to global economy
In the first Climate Action 100+ progress report released today, it is clear that despite significant progress achieved, far more needs to be done by the world’s largest corporate greenhouse gas (GHG) emitters in tackling climate change.
19 September 2019
- Largest-ever group of investors to call on governments to phase out thermal coal power worldwide, put a price on carbon pollution, end government subsidies for fossil fuels, update and strengthen nationally-determined contributions by 2020
- New report finds more investor climate action than ever before — 1,200 investors took action on climate change in line with The Investor Agenda in its first year
September 19, 2019, NEW YORK: Ahead of next week’s United Nations Climate Action Summit, a record 515 institutional investors managing $35 trillion in assets urged governments worldwide to step up action to tackle climate change and achieve the Paris Agreement’s goals.
17 September 2019
Montréal, Singapore. September 18, 2019: The Asia Investor Group on Climate Change (AIGCC), a network of Asian asset owners and financial institutions, and the Caisse de dépôt et placement du Québec (CDPQ), a long-term institutional investor, today announced a new partnership to develop capacity-building training for investment teams in Asian markets.
26 June 2019
Amundi, Axa, California State Teachers’ Retirement System (CalSTRS), Legal & General Investment Management, Natixis Investment Managers, Mitsubishi UFJ Financial Group, and Sumitomo Mitsui Asset Management, among a record number of signatories to the Global Investor Statement to Governments on Climate Change.
JUNE 26, 2019, OSAKA: Investors from around the globe are urging world government leaders to step up ambition on climate change and enact strong policies by 2020 to achieve the goals of the Paris Agreement, including phasing out thermal coal power and pricing carbon.
10 April 2019
Climate change is multiplying risks for investors in Asia, and unless unprecedented actions are taken we are on track to a 3°C world, with serious, severe impacts on water resources. Investment portfolios of Asian asset owners are uniquely exposed, putting the continent’s savings at risk, says the new report.
The report highlights that Asian pension funds already face shortfalls due to an aging population and that this could be exacerbated by water and climate risks to their investments.
9 December 2018
A record-breaking number of global investors call on governments to accelerate action on climate change
KATOWICE, POLAND, 10 DECEMBER – Global investors today called on governments around the world to step up action to address climate change. 415 investors, with $32 trillion in assets-under-management, are behind the call-to-action as signatories of the 2018 Global Investor Statement to Governments on Climate Change
1.