Investors Are Paying Increased Attention To Climate Change

The Institutional Investors Group on Climate Change (IIGCC), the European investors’ forum for collaboration on climate change, recently published its second annual report which audits the investment practices of signatories to the Investor Statement on Climate Change. The report, conducted by Mercer, highlights significant progress on climate change, made in 2008, among asset owners and asset managers, who in total represent €2 trillion in assets under management. The research shows that institutions are paying greater attention to climate change, with 75% of asset owners and over 80% of asset managers referencing climate change in their investment policies.