We are compiling high level information on how investors are acting on the investment-related commitments of The Investor Agenda.

We will use this information to showcase the actions being taken by investors, and to build a baseline of the commitments that have been made and actions that have been taken by the supporters of The Investor Agenda.

Please note: The following questions are intended to be relevant for all investors, and respondents are not expected to answer all questions.  Respondents can choose the questions that they wish to answer.

Investment Questions

Fill in the form fields below as fully as possible:

 

Your information

Your name

Your email address

What type of investor are you?

Asset ownerAsset manager

 

Organization information

Enter the name of your organization

Enter a contact name for your organization

Enter an email address for the contact person

Enter your organization's AUM in US$

 

Integrating Climate Change into Portfolio Analysis and Decision-making

1. Do you analyze and assess the climate change-related risks and opportunities in individual portfolios or across your investment portfolio as a whole in line with the Task Force on Climate-related Financial Disclosures (TCFD) recommendations?

YesWe intend to within the next yearNo
Specify the AUM in US$ covered by your plan.

Have you already reported on how you analyse and assess the climate change-related risks and opportunities in your portfolios in line with TCFD Guidance?

YesNo
Specify the AUM in US$ you intend to cover.

2. Have you set a climate-related target or targets for individual portfolios or across your investment portfolio as a whole?

YesNo
For each target:

 

Low Carbon and Climate Resilient Investments

3. (Asset owners) Have you made investments in low carbon and climate resilient portfolios, funds, strategies or assets (see Note 1)?

YesNo
Specify the AUM in US$ invested in low carbon and climate resilient portfolios, funds, strategies or asset classes.

Specify the framework used to measure and assess your planned investments:

Other

Specify the date on which these numbers were calculated.

4. (Asset owners) Do you plan to increase your investments in low carbon and climate resilient portfolios, funds, strategies or assets (see Note 1)?

YesNo
For each planned allocation:

Specify the framework used to measure and assess your planned investments:

Other

5. (Asset managers) Do you offer low carbon and climate resilient funds or other vehicles (see Note 1)?

YesNo
Specify the AUM in US$ invested in these low carbon investment funds and climate resilient funds or other vehicles.

Specify the framework used to measure and assess these investments:

Other

Specify the date on which these numbers were calculated.

 

Thermal Coal

Note: These questions acknowledge that investors have made commitments on thermal coal mining and on thermal coal power generation, and that they may use different revenue thresholds to define these commitments.

6. Do you plan to phase out your investments in thermal coal mining?

YesNo
Specify the AUM in US$ covered by the plan

Specify the threshold (percentage of the company or entity’s turnover) used:

30%50%Other
Please specify the threshold used:

Have you set a date by which you expect to deliver on your plan?

YesNo
7. Do you plan to phase out your investments in electricity utilities using thermal coal?

YesNo
Specify the AUM in US$ covered by the plan

Specify the threshold (percentage of the company or entity’s turnover) used:

30%50%Other
Please specify the threshold used:

Have you set a date by which you expect to deliver on your plan?

YesNo
8. (Asset managers) Do you offer funds or vehicles that do not invest in thermal coal mining?

YesNo
Specify the AUM in US$ invested in these funds or vehicles.

Specify the threshold (percentage of the company or entity’s turnover) used:

30%50%Other
Please specify the threshold used:

9. (Asset managers) Do you offer funds or vehicles that do not invest in electricity utilities using thermal coal?

YesNo
Specify the AUM in US$ invested in these funds or vehicles

Specify the threshold (percentage of the company or entity’s turnover) used:

30%50%Other
Please specify the threshold used:

 

 

If you have any questions about completing this form or would like to provide additional information, please email The Investor Agenda staff at info@theinvestoragenda.org

Note 1: The following are considered eligible investments for the purposes of this question:

  • Passive or active index funds with (a) an explicit carbon weighting, overlay (tilting) or exclusion, or (b) a target of achieving a % emissions reduction below the index benchmark.

  • Actively managed funds with (a) a target of achieving a % emissions reduction below the selected benchmark, or (b) involving divestment or stock exclusions.

  • Exchange traded funds with an explicit emissions reductions target for the fund.

  • Low carbon funds with a minimum 50% value derived from low carbon assets and activities as listed in the Low Carbon Investment Registry Taxonomy or in the Climate Bonds Investment Taxonomy.

  • Holdings in technology or service companies, where at least 50% of the company’s value is derived from low carbon technologies, activities and services.

  • Investments in renewable energy and other low carbon assets and activities as listed in the Low Carbon Investment Registry Taxonomy or in the Climate Bonds Investment Taxonomy.

Transitioning to low carbon

To limit global temperature rise to well below 2 degrees Celsius above pre-industrial levels, it is necessary to significantly increase the level of new investment in low carbon technologies and energy efficiency, and to reduce investments in high impact sectors and activities, including the extraction and use of fossil fuels.

The scale of the collective – public and private – challenge is clear. For example, Mission2020 has called for 1 percent of global investor assets to be allocated to low carbon assets, the Climate Bonds Initiative has targeted a total of US$1 trillion of total green bonds issuance by 2020, and Bloomberg New Energy Finance estimates that an additional US$1 trillion in investment is needed in clean energy by 2020 for a 2 degrees scenario.

The actions proposed here (to make low carbon investments, to phase out investments in coal, to integrate climate change into portfolio analysis and decision-making) are consistent with investors’ fiduciary duties.

Report our existing low carbon investments and our existing low carbon investment commitments

We have committed to reporting our existing allocations to low carbon investments and our existing commitments to low carbon investment.

Make and report our new low carbon investments and our new low carbon investment commitments

We have committed to increasing our investments in appropriate low carbon opportunities such as renewable energy, energy efficiency, low carbon transportation, energy storage and energy efficient buildings.

Phase out our investments in thermal coal

We have committed to phasing out our investments in thermal coal activities (specifically thermal coal mining and coal-fired power generation).

Integrate climate change into our portfolio analysis and decision-making

We have committed to integrating climate change-related risks and opportunities in our portfolio analysis and decision-making processes through one or more of:

  • Analyzing and assessing climate change-related risks and opportunities (e.g. through carbon footprinting, scenario analysis).
  • *Making commitments and setting targets (e.g. to carbon footprint reduction, to enhanced portfolio resilience, to decarbonization, including via the Portfolio Decarbonization Coalition).

  • Investing in low carbon investment funds and other products (e.g. low carbon indices, climate-aligned bonds).

*including through the Montreal Carbon Pledge