IIGCC re-elects Chair and appoints two new board members at AGM

• Michael Marshall and Laura Hillis, join IIGCC’s board as directors, with Jon Johnsen, Claudia Krause and Bruce Duguid all re-elected.
• Members voted to reappoint Faith Ward as Chair.
• Key developments from the last 12 months include the launch of NZIF 2.0, the most widely used resource by investors to support them in developing their individual net zero strategies and transition plans, taking on the secretariat of the FSDA and positive engagement with EU and UK policymakers pre and post key elections.

The Institutional Investors Group on Climate Change (IIGCC) is pleased to announce the reappointment of three members, and the election of two new members, to its board following its 2025 Annual General Meeting (AGM).

The two newly appointed directors are Michael Marshall (Director of Investment Risk and Sustainable Ownership, Railpen) and Laura Hillis (Director, Climate and Environment, Church of England Pensions Board).

Re-elected directors are Jon Johnsen (CEO, PKA Pension Funds), Bruce Duguid (Executive Director, Head of Stewardship, EOS at Federated Hermes, Federated Hermes Limited) and Claudia Kruse (Chief Sustainability & Strategy Officer, APG Asset Management N.V.). Faith Ward (Chief Responsible Investment Officer, Brunel Pension Partnership) has also been re-elected as IIGCC Board Chair.

The board, comprised of asset owner and asset manager representatives with a diverse range of expertise and skills, will provide continuity and continued support to IIGCC.

Highlights from the last 12 months

The AGM saw IIGCC’s Chair, Faith Ward, and CEO, Stephanie Pfeifer, recapping the key activities from the last 12 months as part of IIGCC’s mission to support investor progress towards a net zero and climate resilient future.

IIGCC’s activity for the year followed its strategic priorities of net zero, adaptation and resilience with two thematic overlays of nature and Emerging Markets and Developing Economies.

Highlights for 2024 include:

• The launch of NZIF 2.0 at our first annual Net Zero Summit as part of London Climate Action Week.
• The Net Zero Engagement Initiative scaling up by adding a further 61 companies.
• Conveying the investor perspective both on the road to, and at, COP29 in Baku, including developing and promoting the concept of ‘investible NDCs’.
• The creation of the PCRAM in Practice along with two real-world case studies.    
• Assuming the secretariat of the FSDA and the launch of Nature Action 100’s Company Benchmark assessments at COP16.
• Established working groups on emerging markets and just transition, and our work on sovereign bonds and country pathways.

The IIGCC 2024 Annual Report provides further details on key achievements from the year.

Faith Ward, Chair, IIGCC: “2024 was another significant year for IIGCC as it continued to implement its strategy across net zero, adaptation and resilience, nature and emerging markets and developing economies. As investors continue to individually grapple with the risks and opportunities posed by climate change to their long-term financial goals, the role, value and leadership of IIGCC in helping investors navigate this has never been clearer and more needed.”

“I am delighted with the board reappointments, and it is a privilege to be re-elected for another term as Chair. I’m also pleased to welcome two new board directors, Laura and Michael, to contribute their valuable skills and expertise. Lastly, I’d like to congratulate Stephanie and the entire IIGCC team on a successful year and along with the rest of the board, I look forward to seeing IIGCC build on this in 2025.”

Stephanie Pfeifer, CEO, IIGCC: “It has been another exceptionally busy year for IIGCC producing more than 40 resources and hosting over 80 events for our members. My personal highlight has been seeing so many of our members at our events in London, Copenhagen and Oslo.”

“As the external environment has evolved, we have worked hard to support our members by consistently developing the latest thinking to deliver on our mission of bringing the investment community together in making significant progress by 2030 towards a net zero and climate resilient future.”

“Looking ahead, as the transition to a decarbonised global economy takes shape, the competition is on. How investors navigate this is up to them – but for IIGCC, we will continue to provide the tools, resources, frameworks, initiatives and more to support our members.”

ENDS

About IIGCC: IIGCC has more than 400 investor members across 27 countries, representing some EUR65 trillion in assets. Our members are already taking action to address the climate challenge in line with their individual investment strategies, in stewardship and engagement with companies and broader stakeholders, including policymakers.  

Disclaimer: All communications and initiatives undertaken by IIGCC are designed solely to support investors in understanding risks and opportunities associated with climate change and take action to address them. Our work is conducted in accordance with all the relevant laws, including competition laws and acting in concert rules. IIGCC’s services to members do not include financial, legal or investment advice. The views expressed here do not necessarily represent those of all IIGCC members.