Wednesday, June 10, 2015
The Montreal Pledge: Institutional Investors Working Towards Decarbonization through Disclosure
The Pledge was launched on September 25, 2014 at PRI in Person in Montréal and is supported by Principles for Responsible Investment (PRI) and the United Nations Environment Program Finance Initiative (UNEP FI).
The program is designed to enable investors (asset owners and investment managers) to formalize their commitment to the goals of the recently announced Portfolio Decarbonization Coalition (PDC).
The PDC is a multi-stakeholder initiative intended to drive greenhouse gas emissions reductions by mobilizing institutional investors to decarbonize their portfolios. Investors who sign-on to the Coalition are focused on disclosing their carbon footprints and decarbonizing.
Between September 2014 and December 2015 this community of institutional investors worth at least $500 billion will measure and disclose their carbon footprints. The Montreal Pledge is the delivery mechanism for this target. A second PDC goal is to assemble a coalition of investors who will commit to decarbonizing at least $100 billion in institutional investment in the same 14 month time frame.
More than 50 investors have already signed up to the Montréal Pledge.
Signatories to the Montreal Pledge in the order that they signed
Etablissement du Régime Additionnel de la Fonction Publique (ERAFP)
The Joseph Rowntree Charitable Trust
Environment Agency Pension Fund
Fonds de Réserve pour les Retraites (FRR)
Pensions Caixa 30
Australian Ethical Investment
Stichting Pensioenfonds Werk en (re)Integratie (PWRI)
The Building Owners and Managers Association of Canada (BOMA Canada)
The Co-operators Group Limited
Central Finance Board of the Methodist Church
Epworth Investment Management Ltd
Plato Investment Management Limited
WHEB Listed Equities
University of California
Toronto Atmospheric Fund
Swedbank Robur Fonder AB
Local Government Super, Australia
UCA Funds Management
SECOM PENSION FUND
Spark / IGNITE fund
Boston Common Asset Management
Mustard Capital Partners
Investisseurs et Partenaires
Rathbone Greenbank Investments
BNP Paribas Investment Partners
Caisse des Dépôts
Stichting Pensioenfonds ABP
United Church of Canada
Sycomore Asset Management
Drivers of Green Investment Growth
Posted by Richard Matthews