IIGCC Annual Report 2024

• The Net Zero Investment Framework, NZIF 2.0, launched at London Climate Action Week.
• A comprehensive programme of support for investors engaging with corporates, with proxy season a notable highlight.
• Two investor call to action documents for the incoming UK government and EU mandate, encouraging them to capitalise on the opportunities presented by the transition to net zero.

Net zero in numbers

• Five engagement initiatives
• 270 companies engaged through IIGCC
• 190 attendees IIGCC Engage
• 200+ attendees Net Zero Summit

In 2024 we bolstered our work in nature, recognising its increasing importance as part of the climate-nature nexus.

• IIGCC announced our new role as Secretariat of the Finance Sector Deforestation Action initiative.
• The first set of Nature Action 100 Company Benchmark Assessments was announced at Biodiversity COP16.

Nature in numbers

• 30+ institutions committed to Financial Sector Deforestation Action (FSDA)
• 68 of 100 companies in Nature Action 100 disclose a commitment to protect nature

• We lead phase two of the Physical Climate Risk Assessment Methodology, releasing new investor resources in 2024.
• This included detailed cases studies from phase one and a discussion paper on how investors could integrate PCRAM into existing processes, with a focus on infrastructure and real estate.

A&R in numbers

• 4 PCRAM case study highlights
• 2 PCRAM detailed examples

• Investment in emerging markets and developing economies (EMDEs) is intricately tied to the challenge of adaption and resilience, in 2024 we launched two new working groups to support investors on EMDEs and the just transition
• Through our initiatives, IIGCC members engaged with 19 companies or banks located in emerging markets or developing economies, with scope for this to expand in 2024.

EMDE work in numbers

• 19 engagements with EMDE-based companies and banks
• 2 new IIGCC working groups