Engagement & Policy Working Group Across Asia company engagement and government policy are deeply interconnected. This working group’s combined focus helps investors understand how they can channel efforts in policy advocacy to drive more ambitious corporate climate action. Chair Paul Milon Director, Sustainable Investing, Fidelity International Contact Nigel DeCoopman Policy Manager, AIGCC Email Nigel DeCoopman Our Activities The group contributed to the Investor Expectations of Asian Utilities report and provided feedback to the June 2021 launch of the Asian Utilities Engagement Program (AUEP), including plans for expansion. The work this group undertakes on engagement is complementary and in parallel with company engagement as part of Climate Action 100+. Download the Report Latest Engagement & Policy News, Resources, and Events. Key Asian Banks’ Stress Tests Miss Coastal Threats, say Investors and Think Tank 21 August 2023 In an open letter to the sector AIGCC and CWR say banks’ stress tests should be enhanced to keep up with the latest science on the Asia Pacific’s high and rising exposure to climate damage and disruption from sea level rise. Engagement & Policy Working GroupPhysical Risk & Resilience Working GroupPolicy & Advocacy Asian Utilities Engagement Program: Year 2 Progress Update Report | Asia Investor Group on Climate Change | 10 August 2023 Investors’ $12 trillion Asian Utilities Engagement Program sees progress on coal phase out and expansion of renewable energy commitments Program’s second year also sees support for improving climate governance and decarbonisation strategies in the focus energy companies.Download Asia Investor Group on Climate ChangeAsia Utilities Engagement ProgramChinaEnergy Transition Working GroupEngagement & Policy Working GroupHong KongIndonesiaInvestor Practice & Capacity BuildingJapanMalaysiaPolicy & AdvocacyStewardship & Corporate Engagement Investors’ $12 trillion Asian Utilities Engagement Program: Progress on coal phase out and renewable energy commitments 10 August 2023 Program’s second year also sees support for improving climate governance and decarbonisation strategies in the focus energy companies. Asia Utilities Engagement ProgramChinaDecarbonising the EconomyEnergyEnergy Transition Working GroupEngagement & Policy Working GroupHong KongIndonesiaInvestor Practice & Capacity BuildingJapanMalaysiaPolicy & AdvocacyStewardship & Corporate Engagement Founding Partners of the Investor Agenda publish updated Investor Climate Action Plans Expectation Ladder 11 July 2023 The ICAPs Expectations Ladder is intended to help investors act on climate by providing a single, comprehensive framework which draws on existing initiatives and guidance. Decarbonising the EconomyEnergy Transition Working GroupEngagement & Policy Working GroupForest & Land Use Working GroupGovernance & DisclosureInvestor Agenda and ICAPsNet Zero Investment FrameworkPolicy & Advocacy Climate Action 100+ announces its second phase 8 June 2023 The initiative has evolved its core goals, improved and expanded the ways investors can participate, and enhanced the investor engagement model. The new phase, running until 2030, intends to inspire a global scale-up in active ownership, markedly shifting the focus from corporate climate-related disclosure to the implementation of climate transition plans. Climate Action 100+Decarbonising the EconomyEngagement & Policy Working GroupStewardship & Corporate Engagement