AP3 has together with AP1, AP2 and AP4 become members of The Institutional Investors Group on Climate Change (IIGCC).
IIGCC is a forum for collaboration on climate change for European investors. IIGCC’s ambition is to provide European investors with a voice on climate change and engage with companies, government and investors on addressing long-term risks and opportunities associated with climate change. The group currently has over 60 members, including many of the largest pension funds and asset managers in Europe, representing assets of over €5 trillion.
The IIGCC’s objectives are:
- To encourage public policy solutions that ensure an orderly and efficient move to a low carbon
economy and adaptation measures which are consistent with long-term investment objectives.
- To encourage a pro-active approach on climate change amongst asset owners and asset
managers in order to preserve and enhance long-term investment values.
- To improve company disclosure and performance on climate change.
IIGCC has today published a report ,“Shifting Private Capital to Low Carbon Investment”, which is a position paper on EU climate and energy policy sets out a series of recommendations prepared by IIGCC on the additional policy steps that the EU can take to unlock the significant flows of private capital that are necessary for the transition to a low carbon economy.
More about IIGCC and the report can be found on www.iigcc.org