IAG considers environment, social, and corporate governance (ESG) issues when constructing its investment strategy and guidelines. The investment principles are considered (and balanced) against investment and strategies collectively, with a view to aligning to, and supporting the delivery of IAG's purpose.
IAG is committed to minimize the negative impacts of its business and pursue continuous improvement in its social and environmental performance. IAG does this by managing its direct and indirect impacts, exploring and pursuing opportunities to improve performance in its value chain and sphere of influence. This includes IAG’s procurement, supply chain, investments, partnerships and interactions with customers, as well as through IAG’s engagement with government and civil society.
IAG’s strategic commitments to climate change are set out in its Climate Action Plan, one focus area is Invest Responsibly which outlines how IAG invests responsibly to address climate impacts through three objectives:
- Shift investments to companies that have a lower exposure to climate-related risks or a forward-looking strategy to manage these risks.
- Actively support action on climate change and a net-zero future.
- Measure carbon intensity and include climate related risks in the (ESG) risk management of our investments.