Global Investor Coalition on Climate Change
The four regional climate change investor groups IIGCC (Europe), INCR (North America), IGCC (Australia & New Zealand) and AIGCC (Asia) have formed a global coalition. The coalition will conduct shared initiatives on climate policy, international agreements and international projects of common interest. Domestic policy positions and services to members will remain the purview of the regional member groups. Called the Global Investor Coalition on Climate Change, the coalition will provide a global platform for dialogue between and amongst investors and governments on international policy and investment practice related to climate change.
Institutional Investors Group on Climate Change
The Institutional Investors Group on Climate Change (IIGCC) was formed in the UK in 2003. It is a collaboration between pension funds and other institutional investors to:
1) Further increase understanding of the implications of climate change for companies 2) Better assess the implications for the investments we hold and to enable us to act, in line with our fiduciary duties; and to manage any risks and opportunities identified. For more information on the IIGCC please see their website at http://www.iigcc.org
Investor Network on Climate Risk
The Investor Network on Climate Risk (INCR) was launched by 10 investor leaders on November 21, 2003 at the Institutional Investor Summit on Climate Risk at the United Nations in New York City.
The purpose of the INCR is to promote better understanding of the risks of climate change among institutional investors. INCR encourages companies in which its members invest to address any material risks and opportunities to their businesses associated with climate change and a shift to a lower carbon economy. Climate risk includes financial, fiduciary and liability risk ensuing from climate change. For more information on the INCR please see their website at http://www.incr.com.
Asia Investor Group on Climate Change
The Asia Investor Group on Climate Change (AIGCC), established in 2011, aims to support asset owners and financial institutions in assessing the risks and opportunities associated with climate change through constructive engagement with companies, and assist in the formation of thoughtful government policy. It is an initiative built on a decade of work on pensions and climate change by the Association of Sustainable and Responsible Investment in Asia (ASrIA). For more information on the AIGCC please see their website at http://aigcc.asria.org.
The Group has the following objectives:Capability
– Understand the Asia specific risks and opportunities of climate change
– Consider the implications of climate change for asset allocation;
– Support asset owners in finding climate solutions through constructive engagement with companies; and
– Assist in the formation of policy and investment solutions to climate change in a collective manner.