Topic: Asia Investor Group on Climate Change

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.

Asian investors with US$2.3 trillion in assets join Climate Action 100+

18 October 2018

World’s largest pension fund GPIF of Japan announced as a Supporter of initiative.
Initiative drives momentum in investor engagement activity across Asia, with upswing in signatories across the region. 22 October 2018: Climate Action 100+ is today announcing strong growth in investor participation across Asia and Japan’s Government Pension Investment Fund (GPIF), as the latest investor to join the initiative.

Nearly 400 investors with US$32 trillion in assets step up action on climate change

11 September 2018

SAN FRANCISCO, 12 SEPTEMBER 2018 – The Investor Agenda launched today in San Francisco will support investors in accelerating and scaling-up the actions that are critical to tackling climate change and achieving the goals of the Paris Agreement. Its launch also demonstrates the significant momentum already evident, with 392 investors with US $32 trillion in assets collectively under management, using The Investor Agenda to highlight climate action they are already taking and making new commitments.

AIGCC CEO/CIO Asset owner Roundtable

1 September 2018

AIGCC held the inaugural CEO/CIO Asset owner Roundtable in September 2017. This forum is the flagship event for AIGCC, bringing asset owners from Asia and internationally together in a forum of peer to peer sharing of knowledge and information. This assists in providing guidance and information developed by global investor peers on the benefits of integrating climate change risks and opportunities into their investment policies and processes.

Climate Action 100+ investors scale up engagement with greenhouse gas emitters, add more focus companies to drive clean energy transition

10 July 2018

More influential investors including AllianceBernstein, Mitsubishi UFJ Trust and Banking Corporation, USD $43 billion UK pension pool Boarders to Coast Pension Partnership, and USD $64 billion Australian pension fund UniSuper sign on to initiative. 3 July 2018: Investor signatories to Climate Action 100+ have scaled up engagement with systematically important greenhouse gas emitters, while expanding their focus list of companies, adding 61 companies (Known as the + list) that have significant opportunities to drive the clean energy transition and help achieve the goals of the Paris Agreement.

Japanese financial institution restricts finance to coal power

10 May 2018

May 9, 2018, Tokyo, Japan — In response to the Dai-ichi Life Insurance Company’s announcement on coal power plant finance restriction, a group of Environmental NGOs, Japan Center for a Sustainable Environment and Society (JACSES), Friends of the Earth Japan (FoE Japan), Kiko Network, 350.org Japan, Greenpeace Japan, and Rainforest Action Network, issued the following statement: “We welcome the news of the Dai-ichi Life Insurance Company adopting a policy to end new project financing for overseas coal power plants (1).