Climate Action 100+ is an investor initiative established to engage with the world’s largest corporate greenhouse gas emitters on climate change. It includes more than 320 investors with over $33 trillion in assets under management.
Launched in December 2017, Climate Action 100+ is coordinated by five partner organisations: Asia Investor Group on Climate Change (AIGCC); Ceres; Investor Group on Climate Change (IGCC); Institutional Investors Group on Climate Change (IIGCC) and Principles for Responsible Investment (PRI).
CA100+ aims to engage with companies on improving their governance on climate change, reducing emissions and improving climate-related financial disclosures. The global companies include 100 ‘systemically important emitters’, accounting for two-thirds of annual global industrial emissions.
AMP Capital, through its ESG capability regularly engages with companies across a range of industry sectors on their approaches to managing a range of ESG risks including climate change. AMP Capital is involved in the CA100+ initiative in Australia and leading the CA100+ investor engagement with two large Australian companies.
Further details at http://www.climateaction100.org/