Institutional Investors Group on Climate Change (IIGCC)

Investors guided by IIGCC to measure and cut Scope 3 emissions

December 2, 2024October 16, 2024 Stuart Mitchell

Ella Sexton, Senior Investor Strategies Programme Manager at Institutional Investors Group on Climate Change (IIGCC) has launched new guidance on how financiers can measure and reduce the indirect emissions of the companies and projects they invest in. I hace copied their post below: Our new resource outlines the latest thinking and good practices for investors on addressing the scope 3 emissions of assets, proposing a materiality-based approach with sector- and category-level granularity where possible. It reiterates the importance of including scope 3 emissions in asset-level climate analysis and provides a…

IIGCC launches Net Zero Engagement Initiative to scale and accelerate climate-related corporate engagement

May 3, 2023March 28, 2023 Stuart Mitchell

The Institutional Investors Group on Climate Change (IIGCC) has launched the Net Zero Engagement Initiative (NZEI), a new initiative to scale and accelerate climate-related corporate engagement. 93 investors have agreed to participate in the initiative including Church of England Pensions Board, Schroders and PGGM. By expanding the universe of companies engaged beyond the Climate Action 100+ focus list, including those across the demand side, the objective is to help investors align more of their portfolio with the goals of the Paris Agreement as set out by investor net zero commitments,…

Leading investors representing $11 trillion call on banks to set enhanced net zero targets

May 25, 2021May 4, 2021 Stuart Mitchell

A group of leading global investors has developed investor expectations for the banking sector through the Institutional Investors Group on Climate Change (IIGCC), calling on banking firms to set enhanced net zero targets for 2050 or sooner with interim targets to be included, scale up green finance and withdraw from projects that fail to meet Paris Agreement goals. The IPCC estimates that up to $3.8 trillion a year in investment is needed annually to achieve the low-carbon transition for supply-side energy system investments alone. The banking sector has a critical…