Online hub captures wide range of investor climate change initiatives
As companies, investors and policymakers gather in Paris for Climate Week to galvanize momentum ahead of a global deal at COP 21, investors have launched an online platform that for the first time will identify and record the wide range of actions on climate change being undertaken by the global investor community.
The Investor Platform for Climate Actions covers three primary action areas:
- Measurement (e.g. carbon footprinting of portfolios)
- Engagement (e.g. with fossil fuel and energy intensive companies)
- Reallocation (including investment in low carbon assets and shifting capital from emissions intensive activities)
By showcasing the broad range of climate actions being undertaken by the investor community globally, investors are determined to encourage further initiatives and help drive momentum for an ambitious global climate deal in Paris in December.