The Climate Action 100+ is a five-year initiative, harnessing the influence of global investors who together manage US $26 trillion in assets, and was launched on the second anniversary of the Paris Agreement.
Vision Super will call on the companies we invest in to ensure they do more to reduce emissions, strengthen climate-related financial disclosures and improve their governance of climate change issues.
Stephen Rowe, Vision Super CEO, welcomes the launch of the Climate Action 100+ initiative.
“We want to drive an effective global response to climate change through engaging with the companies we invest in, at the same time as generating strong returns for Vision Super members,” Stephen Rowe said.
“We expect to see everyone in the business community doing their part through good governance, meaningful disclosures and effective action to reduce emissions.”
Investors who have signed on to the initiative will initially focus their engagement on 100 of the world’s largest corporate greenhouse gas emitters.
The initial list of companies, which includes but is not limited to those within the oil and gas, electric power and transportation industries, has been developed using CDP data on the companies’ combined direct and indirect emissions.
At Vision Super, we pride ourselves on being a fund that operates responsibly for the environment and our community.
Earlier this year, we were ranked 19th out of the world’s 500 largest investors for our action on climate change in the 2017 Global Climate Index by the Asset Owners Disclosure Project (AODP).
We are thrilled to be part of the Climate Action 100+ initiative and will keep you updated on our progress as a sustainable investor.
To find out more about Climate Action 100+, please see www.climateaction100.org