Topic: Asia Investor Group on Climate Change

Investors encourage Japanese Government to lift climate ambition with revised Paris pledge

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.

Report Release: “Winds of Change: Low carbon investing in Asia”

2 December 2019

NEW REPORT: “Winds of Change: Low carbon investing in Asia” Beijing, Monday December 2nd, 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 25th 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).

Climate Action 100+ investors seek net zero business strategies through company engagement

2 October 2019

US$35 trillion Climate Action 100+ publishes first initiative progress reportBreakthrough 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.

Record 515 institutional investors managing $35 trillion in assets urge governments to step up ambition to tackle 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.

AIGCC and CDPQ announce partnership to develop capacity-building training for investors in Asian markets

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.

477 investors with USD $34 trillion in assets urge G20 leaders to keep global temperature rise to 1.5 degrees Celsius

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.

NEW REPORT: Are Asia’s Pension Funds ready for Climate Change?

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.

Investors call on world leaders to address climate change ‘ambition gap’

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 Change1.

AIGCC appoints new Chair and Vice Chair

12 November 2018

The Asia Investor Group on Climate Change (AIGCC) is pleased to announce the appointment of a new Chair, Sophia Cheng, CIO of Cathay Financial Holdings, and Wong Dan Chi of Nikko Asset Management as Vice-Chair of the AIGCC. AIGCC thanks outgoing Chair Emily Chew for her significant contribution over the past two years.

Investors release major new guide to climate change reporting in Asia

26 October 2018

Today the Asia Investor Group on Climate Change (AIGCC) is releasing a new report ‘Building on the base: TCFD Disclosure in Asia’, the first comprehensive guide developed by investors to look at climate change reporting by publically listed companies in Asia against the Taskforce on Climate-related Financial Disclosure (TCFD). In developing this report, AIGCC has worked in conjunction with EY and FTSE Russell to look at current levels of reporting by Asian companies in key industry sectors and across major markets in the region.