Letter

Corporate programme

Investor letter on power sector decarbonisation

20.12.18

95 investors, with a collective $11.5 trillion in assets under management or advise, have issued a letter calling on European power companies to “plan for their future in a net-zero carbon economy.”

Asking firms to demonstrate they are implementing business strategies aligned with the goals of the Paris Agreement, the investors set out a series of expections of action they expect companies to take in the letter available for download.

A copy of the letter has been published by the Financial Times (here), while copies have been sent by the IIGCC on behalf of the signatory investors to Eurelectric as the relevant sector trade body and Germany’s coal exit commission. A copy of the letter will also be sent to European power companies with the largest emissions footprints across the region, listed as Climate Action 100+ ‘focus companies‘.

See here for the accompanying press release.

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