Physical Risk & Resilience Working Group The group helps develop solutions for investors to integrate physical risk and resilience considerations into portfolio management and drive more investment into adaptation solutions. The working group is mainly focused on; A measurement framework and metrics for adaptation and resilience; Sharing and promoting current and emerging investor practice and solutions; and Practical tools for building resilience. Chair Eric Nietsch Head of Sustainable Investing Asia, Manulife Investment Management Contact Nigel DeCoopman Policy Manager, Energy Transition Email Nigel Evaluation Tools and Guidance The group contributed to the compendium report of physical risks tools and service providers for Asian investors in 2021, and the Investor Expectations on National Adaptation Plans in Asia, which was brought to COP27 in late 2022. Riding the wave of physical risks: A compendium of tools and service providers for investors in Asia Download We produced a summary of 18 providers that offer tools and analytics covering Asian companies and geographies for physical risk, and several case studies showcasing outputs. The tools are a mix of top-down and bottom-up analysis, supporting portfolio assessment, security selection, strategic and tactical asset allocation, risk management and regulatory reporting. Investors should note there is significant growth in this industry with new service providers coming to market regularly and frequent updates made to existing tools. Investor Expectations of National Adaptation Plans in Asia Download Our members are committed to working closely with governments on achieving set targets through the National Adaptation Plan (NAP) process. The members of AIGCC’s Physical Risks Working Group have put together a list of key asks from governments on the various elements of the National Adaptation Plan process. These include basing national adaptation plans on scenario analysis, prioritising vulnerable communities, and ensuring corporate disclosure on physical risks. Latest Physical Risk and Resilience News, Resources, and Events. The State of Net Zero Investment In Asia 2024 Report | Asia Investor Group on Climate Change | 8 April 2024 This report provides the most comprehensive stocktake to date of investor climate progress across Asia.Download Asia Investor Group on Climate ChangeAsset Owners Working GroupChinaChina Working GroupDecarbonising the EconomyEnergy Transition Working GroupEngagement & Policy Working GroupForest & Land Use Working GroupHong KongIndiaIndonesiaInvestor Practice & Capacity BuildingJapanJapan Working GroupKorea Working GroupMalaysiaParis Aligned Investment Working GroupPhysical Risk & Resilience Working GroupPolicy & AdvocacySingaporeSouth KoreaStewardship & Corporate EngagementThailandVietnam The State of Net Zero Investment: Mainstream Recognition of Climate Risk 8 April 2024 Asia’s investors are making progress on climate targets, yet challenges remain in aligning with 1.5°C climate goals Asia Investor Group on Climate ChangeAsset Owners Working GroupChinaChina Working GroupDecarbonising the EconomyEnergy Transition Working GroupEngagement & Policy Working GroupForest & Land Use Working GroupHong KongIndiaIndonesiaInvestor Practice & Capacity BuildingJapanJapan Working GroupMalaysiaNet Zero Investment FrameworkParis Aligned Investment Working GroupPhysical Risk & Resilience Working GroupPolicy & AdvocacySingaporeSouth KoreaStewardship & Corporate EngagementThailandVietnam 16 institutional investors share perspectives on net zero implementation and decarbonisation in Asia: new memo published by AIGCC 29 February 2024 In a memo written by investors for investors, 16 investors managing over USD 6 trillion in assets under management shared rare candid insights on the realities and challenges of addressing the climate crisis in their investment portfolios. Asia Investor Group on Climate ChangeAsset Owners Working GroupChinaDecarbonising the EconomyEnergyEnergy Transition Working GroupEngagement & Policy Working GroupGovernance & DisclosureHong KongIndiaIndonesiaInvestor Practice & Capacity BuildingJapanJust TransitionMalaysiaNet Zero Investment FrameworkParis Aligned Investment Working GroupPhysical Risk & Resilience Working GroupSingaporeSouth KoreaThailandVietnam Key insights from Asia’s institutional investors on climate scenario analysis, decarbonisation, and fossil fuel policies Meeting Notes | Asia Investor Group on Climate Change | February 2024 In a memo written by investors for investors, 16 investors managing over USD 6 trillion in assets under management shared rare candid insights on the realities and challenges of addressing the climate crisis in their investment portfolios.Read the Memo Asia Investor Group on Climate ChangeAsset Owners Working GroupChinaDecarbonising the EconomyEnergyEnergy Transition Working GroupEngagement & Policy Working GroupGovernance & DisclosureHong KongIndiaIndonesiaInvestor Practice & Capacity BuildingJapanJust TransitionMalaysiaNet Zero Investment FrameworkParis Aligned Investment Working GroupPhysical Impacts & ResiliencePhysical Risk & Resilience Working GroupSingaporeSouth KoreaThailandVietnam 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