Transitioning to low carbon

To achieve the goals of the Paris Agreement and limit global temperature rise to no more than 1.5-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-emitting sectors and activities, including the extraction and use of fossil fuels.

In 2018, the Intergovernmental Panel on Climate Change (IPCC) announced that the world must invest an average of US $2.4 trillion in clean energy every year through to 2035 in order to prevent global temperature increases from exceeding 1.5-degrees Celsius. The use of coal should be reduced to almost nothing by 2050, according to the IPCC.

The Investor Agenda encourages investors to make low-carbon investments and commitments including phasing out investments in thermal coal – a major contributor to global GHG emissions. Investors should also integrate climate change into their long-term investment decision-making process and portfolio analysis.

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

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

YesNo
For each target:

2. (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

3. (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

4. 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
5. 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
6. (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:

8. (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.