FDC becomes a signatory of Climate Action 100+
FDC’s investment strategy and responsible investor policy puts particular emphasis on engagement, especially with regard to environmental issues and greenhouse gas emissions.
The year 2023 has thus been dedicated to the definition and implementation of FDC’s formal engagement policy.
In this context, FDC is proud to announce that it has become a signatory to the Climate Action 100+ initiative as a supporting asset owner.
What is Climate Action 100+?
Climate Action 100+ is delivered by five investor networks (Asian Investment Group on Climate Change (AIGCC), Ceres, Investor Group on Climate Change, IIGCC and Principles for Responsible Investment (PRI)) working with the initiative’s investor signatories. As of today, Climate Action 100+ is made up of more than 700 global investors who are responsible for more than $68 trillion in assets under management across various markets.
As an investor-led initiative, Climate Action 100+ aims to ensure the world’s largest corporate greenhouse gas emitters take necessary action on climate change. Climate Action 100+ engagement currently focuses on 170 companies that are critical to the net-zero emissions transition and have a major role to play in the transition to a net-zero emissions economy.
In order to create long-term shareholder value, Climate Action 100+ has established a common high‑level agenda for company engagement to achieve clear commitments with regard to three goals:
- cut emissions;
- improve governance; and
- strengthen both climate-related financial disclosures and transition plans.
Supporting asset owner are signatories to the initiative and publicly support the initiative's goals.