Letter

Policy programme

IIGCC letter to the UK Prime Minister regarding UK net zero transition milestones

13.07.21

On 13 July, IIGCC wrote to the UK Prime Minister Boris Johnson to highlight that with current policies the UK is on track to deliver only one-fifth of the emission reductions needed by 2035 to meet the sixth Carbon Budget. While progress in ambition has been made, further policy commitments are needed, with details setting out how delivery will be scaled up, in order to put the UK on a credible pathway for achieving net zero.

In particular, clear sectoral transition pathways from UK government would support a harmonised understanding between all actors on the transition and, in turn, speed up the deployment of net zero investment. Investors would be able to set targets for portfolio emission reductions consistent with the pathways, engage with companies regarding their alignment with the pathways, evaluate the potential for stranded assets, assess the need for asset write-downs and inform timetables for potential divestment.

The full letter is available to read and download below.

Latest Resources

Other

04.10.21

Cross programme

Call for participation: Climate metrics and data

Summary

Investor guide

23.09.21

Investor practices programme

Building Resilience to a Changing Climate: Investor Expectations of Companies on Physical Risks and Opportunities

Summary

Position paper

15.09.21

Corporate programme

Net Zero Standard for Oil and Gas companies

Summary

Statement

14.09.21

Policy programme

Global Investor Statement to Governments on the Climate Crisis – 2021 update

Summary

Consultation response

13.09.21

Policy programme

IIGCC response to FCA consultation on enhancing climate-related disclosures by asset managers, life insurers, and FCA-regulated pension providers

Summary