FDC's initiatives
FDC’s responsible investor policy puts particular emphasis on engagement, especially with regard to environmental issues and greenhouse gas emissions.
In this context, FDC has defined and implemented an engagement policy put, among others, into practice through a membership of the Institutional Investors Group on Climate Change (IIGCC) and by being signatory to the Climate Action 100+ initiative as a supporting asset owner.
What is IIGCC?
IIGCC is the leading European membership body enabling the European investment community in driving significant and real progress by 2030 towards a net zero and resilient future. In this context, IIGCC works closely with investors to provide guidance, frameworks, tools and support and helps to respond to challenges and integrate management of climate-related risks and opportunities into their investment processes.
IIGCC work is delivered across three programme areas: policy, investor strategies and corporate and covers a range of important topics, including for example net zero as well as climate adaptation and resilience. IIGCC works in strategic partnership with investors supporting, enabling and showcasing their role in the realisation of the transition to net zero in support of the goals of the Paris Agreement.
In addition, IIGCC has developed a number of flagship tools and frameworks to support investors on their climate journeys and played a key role in launching a number of investor initiatives with global reach and relevance such as the Paris Aligned Asset Owners initiative, the Net Zero Asset Managers initiative, the Net Zero Engagement initiative or the Climate Action 100+ initiative.
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 active in 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.
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