Investors

Climate Action 100+ requires investors to sign on to the Climate Action 100+ Sign-on Statement that sets out the investor signatories’ commitment and expectations of the companies on the initiative’s focus list. To date, it has been signed by more than 370 investors from across dozens of countries, who collectively manage more than USD $35 trillion in assets under management. View the full statement and list of signatories below.

Climate Action 100+ Sign-on Statement

Background

We, the institutional investors that are signatories to this statement, are aware of the risks climate change presents to our portfolios and asset values in the short, medium and long term. We therefore support the Paris Agreement and the need for the world to transition to a lower carbon economy consistent with a goal of keeping the increase in global average temperature to well below 2 degrees Celsius above pre-industrial levels.

Through this initiative, we aim to fulfill the commitment made in the “2014/15 Global Investor Statement on Climate Change” which stated that “…as institutional investors and consistent with our fiduciary duty to our beneficiaries, we will work with the companies in which we invest to ensure that they are minimising and disclosing the risks and maximising the opportunities presented by climate change.”

Commitment

We believe that engaging and working with the companies in which we invest – to communicate the need for greater disclosure around climate change risk and company strategies aligned with the Paris Agreement – is consistent with our fiduciary duty and will contribute to achieving the goals of the Paris Agreement.

The initiative aims to secure commitments from the boards and senior management to:

Implement a strong governance framework which clearly articulates the board’s accountability and oversight of climate change risk and opportunities.

Take action to reduce greenhouse gas emissions across their value chain,consistent with the Paris Agreement’s goal of limiting global average temperature increase to well below 2 degrees Celsius above pre-industrial levels.

Provide enhanced corporate disclosure in line with the final recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and, when applicable, sector-specific Global Investor Coalition on Climate Change Investor Expectations on Climate Change [1] to enable investors to assess the robustness of companies’ business plans against a range of climate scenarios, including well below 2 degrees Celsius, and improve investment decision-making.
[1] The Global Investor Coalition on Climate Change Investor Expectations on Climate Change sector guides cover oil and gas, mining, utilities and auto manufacturers and provide additional sector specific disclosure recommendations, particularly regarding the oversight of public policy positions. 

Working through 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), we will together monitor the progress that companies make towards these goals. We are committed to working collaboratively through this initiative, using a range of engagement approaches to ensure fulfillment of the above-mentioned goals.

What are the goals of the Paris Agreement?

The Paris Agreement is an agreement within the United Nations Framework Convention on Climate Change (UNFCCC) which was drafted and agreed to by 195 countries in Paris in late 2015. The Paris Agreement sets out a framework for limiting dangerous climate change and deals with GHG emissions mitigation, adaptation, and finance. Its goals include the following:

  • Article 2.1(a) states: “Holding the increase in the global average temperature to well below 2°C above pre‑industrial levels and pursuing efforts to limit the temperature increase to 1.5°C above pre‑industrial levels.” 
  • Article 4.1 states: “In order to achieve the long‑term temperature goal set out in Article 2, Parties aim to reach global peaking of GHG emissions as soon as possible.” 
  • These goals should be achieved “taking into account the imperatives of a just transition of the workforce and the creation of decent work and quality jobs.”

Investor Signatories

Aargauische Pensionskasse (APK)
ABP
AberdeenStandard
Acadian Asset Management
Achmea
Achmea Investment Management
ACTIAM
Addenda Capital
Aegon
Aegon Asset Management
Æquo – Shareholder Engagement Services
AGF INVESTMENTS INC
Ahold Delhaize Pensioen
AIA Group Limited
Akaris Global
Aktia Bank
Ålandsbanken
Alberta Investment Management Corporation

Alecta
AllianceBernstein
Allianz Global Investors
Allianz SE
AMF
Amherst College
AMP Capital
Amundi
AP1
AP2
AP3
AP4
AP7
APG
Arjuna Capital
Artemis Investment Management LLP
As You Sow
ASABRI
ASR Nederland N.V.
Asset Management One Co., Ltd.
ATP
Ausbil Investment Management Limited
Australian Ethical Investment
AustralianSuper
Avaron Asset Management
Avenir Capital

Aviva Investors
Avon Pension Fund
AXA Group
AXA Investment Manager
Bailard, Inc.
Baldwin Brothers Inc.
Bancolombia
BankInvest
Bank J. Safra Sarasin
BBC Pension Trust Ltd
Bernische Lehrerversicherungskasse, Switzerland
Bernische Pensionskasse BPK, Switzerland
BMO Global Asset Management
BNP Paribas Asset Management
BORDER TO COAST PENSIONS PARTNERSHIP
Boston Common Asset Management
Boston Trust/Walden Asset Management
BPL Pensioen
Brawn Capital Limited
Breckinridge Capital Advisors
British Columbia Investment Management Corporation
British Columbia Municipal Pension Board of Trustees
Brown Advisory
Brunel Pension Partnership
BT Financial Group
BVK
Caisse de Depot et Placement du Québec
Caisse de Pensions de l’Etat de Vaud (CPEV)
Caisse de pension des sociétés Hewlett-Packard en Suisse, Switzerland
Caisse De Pensions ECA-RP
Caisse de Prévoyance de l’Etat de Genève (CPEG), Switzerland
Caisse de Prévoyance des Interprètes de Conférence (CPIC)
Caisse de Prévoyance du personnel de l’Etat du Valais (CPVAL), Switzerland
Caisse des Dépôts
Caisse Intercommunale de Pensions (CIP)
Caisse paritaire de prévoyance de l’industrie et de la construction (CPPIC), Switzerland
CalPERS
CalSTRS
Calvert Research and Management
Candriam Investors Group
CAP Prévoyance
CareSuper
Carmignac
Cathay Life Insurance Co., Ltd.
Cathay Securities Investment Trust Co., Ltd.
CaixaBank Asset Management SGIIC, S.A.U.
Caja Ingenieros Gestion
Cbus
CCAP Caisse Cantonale d’Assurance Populaire
CCLA
CCOO, FP
CenterSquare Investment Management
LLCCentral Finance Board of the Methodist Church
China Asset Management Company Co., Ltd
Christian Brothers Investment Services
Christian Super
Christopher Reynolds Foundation
Church Commissioners for England
Church of England Pensions Board
Church of Sweden Asset Management
CIEPP – Caisse Inter-Entreprises de Prévoyance Professionnelle
ClearBridge Investments
CNP Assurances
Colonial First State Global Asset Management
Comgest
Committee on Mission Responsibility Through Investment of the Presbyterian Church U.S.A.
Connecticut Retirement Plans & Trusts
Core Capital Management, LLC
Coutts
CP  Fonct. de Police et des Etablissements Pénitentiaires, Switzerland
CtW Investment Group
Dai-ichi Life Insurance
Dana Investment Advisors
Degroof Petercam Asset Management (DPAM)
de Pury Pictet Turrettini & Cie
DWS Investment GmbH
Devon Funds Management Limited
DNB Asset Management
Domini Impact Investments LLC
Earth Capital
East Bay Municipal Utility District Employees Retirement System
East Capital
Ecofi Investissements
Elo Mutual Pension Insurance Company
Employees’ Retirement System of the State of Hawaii
Ente Nazionale di Previdenza e Assistenza per gli Psicologi (ENPAP)
Environment Agency Pension Fund
ERAFP
Erste Asset Management GmbH
Essex Investment Management, LLC
Etablissement Cantonal d’Assurance (ECA VAUD)
Ethos Foundation
EQ Investors
Everhope Capital
Evli Bank Plc
Fairpointe Capital
Falkirk Council Pension Fund
Federal Finance Gestion
Fidelity International
FIM/S-Bank Wealth Management

First State Super
Fisher Investments
Folksam
Fond. métallurgie vaud. bâtiment (FMVB), Switzerland
Fondation de prévoyance Artes & Comoedia, Switzerland
Fondation de prévoyance du Groupe BNP PARIBAS en Suisse, Switzerland
Fondation Leenaards, Switzerland
Fondo Pensione a contribuzione definita del Gruppo Intesa Sanpaolo
Fonds de Prévoyance de CA Indosuez (Suisse) SA
Fonds interprofessionnel de prévoyance (FIP), Switzerland
Friends Fiduciary Corporation
FRR
Fukoku Capital Management, Inc
GAM Investments
Gavi Alliance
Generali Group

GES International
Gestion FÉRIQUE
Gjensidigestiftelsen
Government Pension Investment Fund (GPIF)
Grantham, Mayo, Van Otterloo & Co. LLC
Greater Manchester Pension Fund
Green Century
Greentech Capital Advisors
Groupama Asset Management
Hamon Asset Management

Handelsbanken
Hannon Armstrong
Harvard University Endowment
Hermes Equity Ownership Services
Hermes Investment Management
HESTA
HSBC Global Asset Management
Humanis
Hwabao WP Fund Management Co., Ltd
IFM Investors
Illinois State Treasurer’s Office
Ilmarinen Mutual Pension Insurance Company
Indep’am
Independent
Industriens Pension
Insight Investment
Investec Asset Management
Ircantec
Ireland Strategic Investment Fund
Irish Life Investment Managers
Ivey Foundation
Janus Henderson Investors
JCIR

JCP Investment Partners
JLens
Jupiter Asset Management Limited
Kames Capital
KBI Global Investors
Kempen
Keva
Kirkon Eläkerahasto
KLP
La Francaise Group
Lægernes Pension
Länsförsäkringar AB
LAPFF
Legal & General Investment Management
LGT Capital Partners
Local Government Super
Local Pensions Partnership Investments Ltd
LocalTapiola Asset Management Ltd
London Pensions Fund Authority
Los Angeles County Employees Retirement Association (LACERA)
Lothian Pension Fund
Loyola Marymount University
Lyxor Asset Management
M&G Investments
MAIF
Makalani Management Company (Pty) Limited
Macalester College
Man Group
Manulife Investment Management
Maryland State Retirement and Pension System
Meeschaert Asset Management
Mercy Investment Services
Merian Global Investors
Merseyside Pension Fund
Metalworking Pension Fund
Miller/Howard Investments, Inc.
Minnesota State Board of Investment
Mirabaud Asset Management
Mirova
Mistra The Swedish Foundation for Strategic Environmental Research
Mitsubishi UFJ Trust & Banking Corporation
MN
Morphic Asset Management
MP Investment Management A/S
MPC Renewable Energies
Nathan Cummings Foundation
Natixis Asset Management
NEI Investments
Nest Corporation
Nest Sammelstiftung
Neuberger Berman
New Alternatives Fund
New York City Pension Funds
New York State Common Retirement Fund
New Zealand Superannuation Fund
Newton Investment Management
Nikko Asset Management
NN Investment Partners
Nordea Asset Management
North East Scotland Pension Fund
Northern Ireland Local Government Officers’ Superannuation Committee
Northern Pool
Northern Trust Asset Management
Nova Scotia Pension Services Corporation
Nykredit
NZ Funds Management
ODDO BHF ASSET MANAGEMENT
OFI Asset Management
Öhman
Oldfield Partners LLP
Ontario Teachers’ Pension Plan
OP Wealth Management
OPTrust
Oregon State Treasurer
P+(DIP/JOEP)
Osmosis Investment Management
Pacific View Asset Management
Pax World Management LLC
PBU – Pension Fund of Early Childhood Teachers and Educators
Pegaso Fondo Pensione
Pendal Group
PenSam
Pensioenfonds
Pension Protection Fund
Pensionskasse Bank CIC (Schweiz), Switzerland
Pensionskasse Basel-Stadt, Switzerland
Pensionskasse Bühler AG Uzwil, Switzerland
Pensionskasse der Basler Kantonalbank, Switzerland
Pensionskasse der UBS
Pensions Caixa 30
Pensionskasse Caritas
PensionDanmark
Pensionskasse der Stadt Winterthur
Pensionskasse Pro Infirmis, Switzerland
Pensionskasse Römisch-katholische Landeskirche des Kantons Luzern, Switzerland
Pensionskasse SRG SSR, Switzerland
Pensionskasse Stadt Luzern, Switzerland
Pensionskasse Unia
Perennial Value Management
PFA
PGB Pension Services
PGGM
Pictet Asset Management
PIMCO
PKA
Plato Investment Management Limited
PME
Praxis Mutual Funds and Everence Financial
Prévoyance Santé Valais (PRESV)
Prévoyance.ne
Profelia Fondation de Prévoyance
Progressive Investment Management
Prosperita Stiftung Für die Berufliche Vorsorge
Provident Fund
Pyrford International Ltd
QSuper
Rabobank
Raiffeisen Capital Management
Rathbone Greenbank Investments
Regnan – Governance Research & Engagement
Resona Bank, Ltd.
Retraites Populaires
Reynders, McVeigh Capital Management
Richmond Global Compass
Riverwater Partners
RLAM
Robeco
RobecoSAM
Rockefeller Capital Management
Rothschild & Co Asset Management Europe
RPMI Railpen
Ruffer LLP
Sage Advisory
Sampension
San Francisco Employees’ Retirement System
Sarasin & Partners LLP
SBI Funds Management Pvt Ltd

Schroders
SDG Invest

Seattle City Employees’ Retirement System
SEB Investment Management
Secunda Sammelstiftung, Switzerland
SEIU Master Trust
Seventh Generation Interfaith Inc.
Shareholder Association for Research & Education
Sierra Club Foundation
Sisters of St. Dominic of Caldwell
Skandia
Skoll Foundation
Solaris Investment Management
Sompo Japan Nipponkoa Asset Management
South Yorkshire Pensions Authority
Sparinvest
SPF Beheer
Sp-Fund Management Company Ltd
St. Galler Pensionskasse, Switzerland
Stance Capital
Statewide Super
Stichting Pensioenfonds Openbaar Vervoer (SPOV)
Stichting Spoorwegpensioenfonds
Stiftung Abendrot
Storebrand Asset Management
Strathclyde Pension Fund
Sumitomo Mitsui Trust Bank
Sustainable Insight Capital Management
SVVK-ASIR
Swedbank Robur
Swell Asset Management
Sycomore Asset Management
TD Asset Management
Terra Alpha Investments
Terre des Hommes, Switzerland
The Board of Pensions of the Presbyterian Church (U.S.A.)
The Dai-ichi Frontier Life Insurance Co., Ltd.
The Joseph Rowntree Charitable Trust
The McKnight Foundation
The Representative Church Body of the Church of Ireland
The Royal Bank of Scotland Group Pension Fund
The Sustainability Group of Loring, Wolcott & Coolidge
TPT Retirement Solutions
Transport for London Pension Fund
Trillium Asset Management, LLC
Trusteam Finance
Tundra Fonder
UBS Asset Management
U Ethical
Unfallversicherungskasse des Basler Staatspersonals, Switzerland
Unigestion
Union Investment
UniSuper
Unitarian Universalist Association
United Church Funds
Université de Genève (UNIGE), Switzerland
University of California Investments Office
University of Rochester
University of Toronto Asset Management Corporation on behalf of the University of Toronto
UNJSPF
USS
Vancity Investment Management Ltd.
Varma Mutual Pension Insurance Company
Veris Wealth Partners
Veritas Pension Insurance Co
VERKA VK Kirchliche Vorsorge VVaG
Vermont Pension Investment Committee
Vermont State Treasurer’s Office
Vert Asset Management
VicSuper
VidaCaixa
Vision Super Pty Ltd
Walter Scott & Partners Limited
Washington State Investment Board
Water Asset Management
WaveCrest Wealth Management
Wavestone
Wells Fargo Asset Management
Wespath Investment Management

West Midlands Pension Fund
West Yorkshire Pension Fund
WHEB Asset Management
World Resources Institute
Zevin Asset Management

Participants to the Climate Action 100+ initiative (listed in italics above) are responsible for engaging with companies directly. Participants include asset owners, investment managers and engagement service providers.
 
Supporters (listed in regular font above) are asset owners who publicly support the initiative and its goals and objectives. All signatories to the initiative endorse the above sign-on-statement.
 
Additional investors are encouraged to sign up for the initiative by contacting the Implementation Working Group co-ordinators Oliver Grayer or Ben Pincombe at info@climateaction100.org and/or working through the coordinating partner organisation in their respective region.
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