Helping companies set ambitious climate targets

IN A NUTSHELL

Our Investor Decarbonisation Initiative accelerates corporate action on climate change in key battleground sectors, by supporting and strengthening the collaborative influence investors have on companies’ plans. Our initiative works with a diverse group of investors and asset owners to collectively ensure companies take ambitious and science-based action to align their business models with the crucial goal of keeping global heating to 1.5 degrees Celsius.

Without urgent action by businesses, we risk overshooting global climate goals

Climate change poses serious risks to our society and economy. If we don’t limit greenhouse gas (GHG) emissions soon, there is overwhelming scientific agreement that we will see irreversible harm to people, species and ecosystems. To prevent this, the Intergovernmental Panel on Climate Change (IPCC) stresses that we must try to limit global heating to 1.5 degree Celsius.

The private sector – businesses and companies – is responsible for a huge portion of the emissions that are causing global overheating. Some forward-looking businesses recognise the urgent need to act and are using ambitious climate strategies to drive long-term sustainability, innovation and resilience. However, many companies are vastly unprepared for, or actively stand in the way of, the transition to a climate-safe future. Investors in these companies stand to face both risks and opportunities from the transition. Equally, as owners of these companies, investors can shape the pace and scale of the transition itself.

 

We work with investors to drive more ambitious corporate action on climate change

Our Investor Decarbonisation Initiative (IDI) is a diverse coalition of pension funds, charitable trusts and asset managers working to hold companies to account on their climate strategies, in line with keeping temperature rise within 1.5 degree Celsius. 

IDI mostly focuses on decarbonising specific industry sectors, though we have room for action on broader topics that cut across industries. We produce research that gives investors the tools they need to push companies further and faster, attend AGMs to ask critical questions and send letters undersigned by the weight of our investor coalition. We’re not afraid to scale the pressure where necessary.

The current sectors we engage on climate are:

  • Chemicals (Europe)
  • Transport (Europe)

We welcome any investors who would like to join the initiative and publicly commit to engage with companies on ambitious climate action. This initiative builds on our previous success using the investment system to secure over 40 corporate commitments to renewable energy, energy efficiency, electric vehicles, and science-based targets to reduce GHG emissions.

The Investor Decarbonisation Initiative is one part of a larger programme of ShareAction’s work tackling climate change using the investment system. You can find out more about our other climate initiatives here.

Investor signatories

Aargauische Pensionskasse (APK)
Achmea Investment Management
Adrian Dominican Sisters Portfolio Advisory Board
Aegon Asset Management
Arabesque Asset Management
Arvella Investments
Ashden Trust
ATISA Personalvorsorgestiftung der Tschümperlin-Unternehmungen
Australian Ethical Investment
Aviva Investors
Bank J. Safra Sarasin
Barrow Cadbury Trust
Bernische Lehrerversicherungskasse
Bernische Pensionskasse BPK
Boston Common Asset Management
BPL Pensioen
Caisse de pensions de l’Etat de Vaud (CPEV)
Caisse de pension des sociétés Hewlett-Packard en Suisse
Caisse de pension du Comité international de la Croix-Rouge
Caisse de pensions du personnel communal de Lausanne
Caisse de pensions ECA-RP
Caisse de Prévoyance de l’Etat de Genève (CPEG)
Caisse de Prévoyance des Interprètes de Conférence (CPIC)
Caisse de prevoyance du personnel de L’Etat de Fribourg
Caisse de prévoyance du personnel de l’Etat du Valais (CPVAL)
Caisse intercommunale de pensions (CIP)
Caisse paritaire de prévoyance de l’industrie et de la construction (CPPIC)
Candriam Investors Group
CAP Prévoyance
Carmignac
CCAP Caisse Cantonale d’Assurance Populaire
CIEPP – Caisse Inter-Entreprises de Prévoyance Professionnelle
Congregation of St. Joseph
Dana Investment Advisors
Daughters of Charity, Province of St. Louise
Dignity Health
Domini Impact Investments
Ecofi Investissements
EdenTree Investment Management
Environment Agency Pension Fund
ERAFP
Esmée Fairbairn Foundation
Etablissement Cantonal d’Assurance (ECA VAUD)
Ethos Foundation
EQ Investors
First Affirmative Financial Network
Fond. métallurgie vaud. bâtiment (FMVB)
Fondation de prévoyance Artes & Comoedia
Fondation de prévoyance du Groupe BNP PARIBAS en Suisse
Fondation Leenaards
Fondation Patrimonia
Fonds interprofessionnel de prévoyance (FIP)
Fondation Interprofessionnelle Sanitaire de Prévoyance (FISP), Switzerland
Gebäudeversicherung Luzern
GF International Asset Management
Green Century Capital Management
GVA Gebäudeversicherung des Kantons St. Gallen
Hermes Investment Management
Impact Investors
Impax Asset Management
Jesuits in Britain
Jesuit-West Province of the Society of Jesus (U.S.A.)
JJ Charitable Trust
Joseph Rowntree Charitable Trust
Kames
KBI Global Investors
KLP
Luzerner Pensionskasse
P1 Investment Management
Pensionskasse AR
Pensionskasse Bank CIC (Schweiz)
Pensionskasse Bühler AG Uzwil
Pensionskasse der Basler Kantonalbank
Pensionskasse Pro Infirmis
Pensionskasse Römisch-katholische Landeskirche des Kantons Luzern
Pensionskasse Schaffhausen
Personalvorsorgekasse der Stadt Bern
Mark Leonard Trust
Pensionskasse SRG SSR
Maryland Province of the Society of Jesus
Mercy Health
Mercy Investment Services
Mirova
NEI Investments
Nest Sammelstiftung
Öhman
Ostrum Asset Management
Paul Hamlyn Foundation
Pax World Funds
Pensionskasse Basel-Stadt (PKBS)
Pensionskasse Caritas
Pensionskasse der Stadt Winterthur
Pensionskasse Stadt Luzern
Pensionskasse Unia
Polden-Puckham Charitable Foundation
Prévoyance Santé Valais (PRESV)
Prévoyance.ne
Profelia Fondation de prévoyance
Prosperita Stiftung für die berufliche Vorsorge
Retraites Populaires
Sarasin & Partners
Secunda Sammelstiftung
Solothurnische Gebaudeversichering
St. Galler Pensionskasse
Stiftung Abendrot
Strathclyde Pension Fund
Terre des Hommes
The Health Foundation
The Nathan Cummings Foundation
Trillium Asset Management
Triodos Investment Management
Unfallversicherungskasse des Basler Staatspersonals
Université de Genève (UNIGE)
USA Northeast Province of the Society of Jesus
Verein Barmherzige Brüder von Maria-Hilf
Vorsorge SERTO
WHEB Group

Latest news

Campaign resources

European Auto Makers: Still in the slow lane?

To achieve reach net zero, road transport needs to decarbonise fully by 2050. This report focuses on the five largest European owned and listed car manufacturers, off the back of a flurry of new decarbonisation commitments, and highlights the need for car makers to show true climate ambition and leadership instead of just reacting to regulation.

Download

Decarbonising Real Estate: Foundations for Success

Energy use in buildings contributes more than 17.5 percent to global greenhouse gas emissions, and their construction is a key driver behind demand for steel and cement, which together are responsible for another 10.2 percent of emissions. Decarbonising the real estate sector is vital to reach net zero emission targets by 2050. This report sets out recommedations for investor to engage with this crucial industry.

Download

Get in touch

Helen Wiggs

Helen Wiggs

Head of Climate Change