In accordance with the collaborative action promoted by The Institutional Investors Group on Climate Change (IIGCC) amongst its membership, Eric Sturdza Investments – along with over 330 other members, spanning 22 countries – has signed a letter that has been sent to 50 publicly listed companies. The 50 selected companies have been identified as being highly exposed to physical climate risks from research undertaken by the IIGCC. Additionally, Eric Sturdza Investments will be engaging directly with each of the highlighted companies that feature in our portfolios.
The letter outlines Investor Expectations and highlights ways in which these companies can contribute positively toward building pathways to a climate-resilient society. Read more about the Investor Expectations and Eric Sturdza Investments’ participation.
The companies have been informed that they can help by adopting policies that will align with the Paris Agreement. This will help investors to meet their goals when picking companies that show Paris-aligned voting policies, in addition to the stewardship and engagement aspirations of the Paris Agreement.
Investors, regulators, and policymakers are increasingly recognising that physical climate risks can have financial impacts on investment portfolios. In instances where these present material risks, investors need to take them into account to meet their fiduciary duty.
By taking action on physical climate risks and opportunities, investors can help build the climate resilience of both individual companies and their portfolios more broadly, as well as helping to channel investment towards adaptation solutions. In turn, this can help to build the climate resilience of wider society to a changing and more variable climate.
This set of investor expectations of investee companies builds on guidance produced by IIGCC members that set out how investors can integrate the risks and opportunities presented by the physical impacts of climate change into their investment processes.
The report recommends that as a first step, investors should undertake direct engagement with investee companies, seeking improvements with regards to the disclosures of physical climate-related data. Additional transparency in this regard will allow for engagement with investee companies around efforts being made with regard to physical risks associated with climate change.
Who are the IICGG?
The Institutional Investors Group on Climate Change (IIGCC) is the European membership body for investor collaboration on climate change and the voice of investors taking action for a prosperous, low-carbon future. IIGCC has over 360 members, mainly pension funds and asset managers, across 22 countries, with over €50 trillion in assets under management. For more information, visit The Institutional Investors Group on Climate Change and follow on LinkedIn and Twitter for updates.
For further information on our commitment to responsible investing please do not hesitate to contact Adam or visit Our ESG Approach section.
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