Overview
IIGCC’s Investor Practices programme helps members and the broader investment sector better integrate climate risks and opportunities into their investment processes and decision-making.
Members can view current Investor Practices projects here: Investor Practices Programme ‘Hub’
Providing a forum for investors to collaborate, the programme develops tools and resources to deepen understanding of investor practices on climate change and support the implementation of related best practice.
The focus of the programme is developed around the recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD), covering; governance; strategy, tools and metrics; and disclosure. Since its launch in 2017, the programme has made an important contribution in leading the debate on integrating climate change considerations into investment processes and supporting investors with implementation.
Activities:
- Developing guidance for asset owner trustees and boards on how to incorporate climate-related issues into board level processes.
- Supporting investors in identifying, assessing and managing climate-related risks and opportunities across asset classes.
- Providing guidance on how to report key climate-related actions and outcomes in line with the TCFD recommendations.
- Peer-to-peer collaboration and learning through workshops, roundtables and guidance documents.
- Engagement on ways to advance existing best practice approaches to climate-related investor practice.
Key Topics
Governance
IIGCC's Governance workstream supports trustees and boards in incorporating climate-related risks and opportunities into board-level processes. This is an existing regulatory requirement for UK pension funds, with similar steps being taken in EU policy under development.
Strategy, Tools & Metrics
This workstream allows investors to collaborate on developing tools and methodologies, for analysing and integrating climate risks, and opportunities, across asset classes. Its current focus is on supporting institutional investors in conducting scenario analysis, and how to embed the process across mainstream risk management and investment functions.
Disclosure
The Disclosure workstream provides practical support and guidance for members and the broader investor community on approaches to climate disclosure, in line with recommendations of the TCFD.