Various initiatives have formed to offer guidance and support for investor action towards positive climate change outcomes. This page highlights key initiatives and their resources.

 

Race to Zero

Race to Zero

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A global campaign to rally leadership and support from businesses, cities, regions, investors for a healthy, resilient, zero-carbon recovery that prevents future threats, creates decent jobs and unlocks inclusive, sustainable growth.

UN-convenedNet Zero Asset Owner Alliance

UN-convenedNet Zero Asset Owner Alliance

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The alliance requires signatories to commit to moving their portfolios to net-zero by 2050. It was launched by UNEP FI and the PRI. Thirty-three investors, with $5.1 trillion in assets, had joined the initiative as of the end of 2020.

Resources

2025 Target Setting Protocol

Net Zero Asset Managers Initiative

Net Zero Asset Managers Initiative

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The initiative brings together 30 investment managers that commit to help their asset owner clients decarbonise by 2050. It was launched by AIGCC, IGCC, IIGCC, Ceres, CDP and the PRI.

The Investor Agenda

The Investor Agenda

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An alliance of seven global and regional investor groups that provides a platform for investors to show their support for the Paris Agreement. It provides investors with a set of actions they can take, covering investment, engagement, disclosure and policy advocacy, and counts 1,200 investors as signatories.

Resources

Investor Climate Action Plans

Initiative Climat International (iCI)

Initiative Climat International (iCI)

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The initiative brings together the private equity firms which are actively promoting climate action within their portfolios.

Resources

Private Equity Sector Science-Based Target Guidance

iCI Collaboration Platform

iCI LinkedIn

Climate Action 100+

Climate Action 100+

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The longest established initiative was founded in 2017. It aligns investor engagement to encourage the world’s largest emitting companies to take action on climate change and is backed by 545 institutional investors with $52 trillion under management.

Investor Decarbonisation Initiative

Investor Decarbonisation Initiative

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ShareAction’s campaign group aims to catalyse corporate climate action. It works in partnership with initiatives led by CDP and The Climate Group and is supported by We Mean Business.

Paris Aligned Investment Initiative (PAII)

Paris Aligned Investment Initiative (PAII)

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The initiative has drawn up a set of best-practice approaches and actions to enable asset managers and asset owners align investment portfolios with Paris and net-zero emissions.

Resources

PAII Net Zero Investment Framework

The Coalition for Climate Resilient Investment

The Coalition for Climate Resilient Investment

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The Coalition for Climate Resilient Investment aims to increase the resilience of infrastructure investments and the broader financial industry by seeking to develop the accurate pricing of physical climate risks in the investment process. The coalition is supported by actors from both the public and private sectors, including institutional investors and governments.

Resources

Risk and Resilience – Addressing physical climate risks in infrastructure investment

2 Degree Investing Initiative (2DII)

2 Degree Investing Initiative (2DII)

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The 2° Investing Initiative (2DII) is an independent, non-profit think tank working to align financial markets and regulations with the Paris Agreement goals. Its team of finance, climate, and risk experts develop research, tools, and policy insights to help financial institutions and regulators hasten and adapt to the energy transition.

Resources

The Paris Agreement Capital Transition Assessment (PACTA)

Leaders for Climate Action (LFCA)

Leaders for Climate Action (LFCA)

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The LFCA is a community of business leaders who seek to improve their own climate performance and that of their businesses by pledging to a number of actions. Members of the initiative involved in venture capital have developed a Sustainability clause which they implement in every term sheet and shareholder agreement.

Climate Bonds Initiative

Climate Bonds Initiative

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The Climate Bonds Initiative is an international, investor-focused not-for-profit which works solely on mobilising the $100 trillion bond market for climate change solutions. The initiative does so through the development of its Climate Bonds Standard and Certification Scheme, Policy Engagement and Market Intelligence work.

Resources

Climate Bonds Standard and Certification Scheme

Sustainable Markets Initiative (SMI)

Sustainable Markets Initiative (SMI)

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The SMI was launched by HRH The former Prince of Wales and includes a private equity taskforce comprising CEO level private equity firm participation.

The Transition Pathway Initiative (TPI)

The Transition Pathway Initiative (TPI)

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TPI enables asset owners to understand how companies with the biggest impact on climate change are adapting their business models for a low carbon economy.

Resources

The TPI Tool

Science Based Targets Initiative (SBTi)

Science Based Targets Initiative (SBTi)

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Resources

Private Equity Sector Science-Based Target Guidance

Venture Climate Alliance

Venture Climate Alliance

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Members of this alliance commit to achieving net zero or negative emissions by 2030, and will support their portfolio companies to decarbonise. Members collaborate and share learnings as a roadmap for the industry more broadly.

The Asia Investor Group on Climate Change (AIGCC)

The Asia Investor Group on Climate Change (AIGCC)

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The Asia Investor Group on Climate Change (AIGCC) is an initiative to create awareness among Asia’s asset owners and financial institutions about the risks and opportunities associated with climate change and low-carbon investing. It has 49 members, representing more than $11 trillion in assets under management.

CDP

CDP

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CDP, formerly the Carbon Disclosure Project, is a not-for-profit which runs a global disclosure system to help organisations manage their environmental impacts. It works with investors with assets of $106 trillion to encourage environment disclosure from companies, cities, states and regions.

Resources

CDP (Various frameworks)

Ceres

Ceres

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Ceres is a US-based non-profit which manages a number of networks to promote action on the world’s sustainability challenges. Its Investor Network brings together more than 175 institutional investors, managing more than $29 trillion in assets.

Resources

The changing climate for private equity

The Investor Group on Climate Change (IGCC)

The Investor Group on Climate Change (IGCC)

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The Investor Group on Climate Change (IGCC) is a collaboration of Australian and New Zealand institutional investors focused on the impact of climate change on investments. It represents 76 investors and related service providers, with assets under management of over $2 trillion.

The Institutional Investors Group on Climate Change (IIGCC)

The Institutional Investors Group on Climate Change (IIGCC)

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The Institutional Investors Group on Climate Change (IIGCC) is the European membership body for investor collaboration on climate change. It has more than 270 members, mainly pension funds and asset managers, with over €35 trillion in assets under management.

Resources

A guide on climate change for private equity investors

Building Resilience to a Changing Climate: Investor Expectations of Companies on Physical Risks and Opportunities

PAII Net Zero Investment Framework

The Principles for Responsible Investment (PRI)

The Principles for Responsible Investment (PRI)

The Principles for Responsible Investment (PRI) is the world’s largest investor group promoting responsible investment. Its more than 3,000 signatories, including investors managing more than $103 trillion in assets, commit to incorporating ESG issues into investment practice.

Resources

The Inevitable Policy Response

A guide on climate change for private equity investors

Climate change resources for private markets investors

United Nations Environment Programme Finance Iniative (UNEP FI)

United Nations Environment Programme Finance Iniative (UNEP FI)

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UNEP Finance Initiative (UNEP FI) is a partnership between UN Environment and the global financial sector with the goal of mobilising private sector finance for sustainable development. It works with more than 350 banks, insurers and investors.

Resources

Changing course: real estate - TCFD pilot project report and investor guide to scenario-based climate risk assessment in real estate portfolios