About Climate Action 100+

Climate Action 100+ is an investor-led initiative to ensure the world’s largest corporate greenhouse gas emitters take necessary action on climate change.

More than 570 investors, responsible for over $54 trillion in assets under management, are engaging companies on improving climate change governance, cutting emissions and strengthening climate-related financial disclosures.

The work of the initiative is coordinated by five regional investor networks: the Asia Investor Group on Climate Change (AIGCC), Ceres, Investor Group on Climate Change (IGCC), Institutional Investors Group on Climate Change (IIGCC) and Principles for Responsible Investment (PRI). It is supported by a global Steering Committee.

Launched in December 2017, Climate Action 100+ garnered immediate worldwide attention. Designed by investors for investors, the initiative aims to ensure the world’s largest corporate greenhouse gas emitters take necessary action on climate change.

[Climate Action 100+ investors] … have committed to engage with the world’s largest corporate greenhouse [gas] emitters to improve their climate performance and ensure transparent disclosure of emissions … they are betting on green because they understand this is the path to prosperity and peace on a healthy planet. The alternative is a dark and dangerous future.

António Guterres, United Nations Secretary General September 2018

The initiative was formed in the wake of the 2015 Paris Agreement, a global accord signed by nearly 200 countries (and ratified by 170), aiming to keep the increase in global average temperatures to well below two degrees Celsius above pre-industrial levels, and pursuing efforts to limit warming further to 1.5 degrees Celsius. The investor signatories of Climate Action 100+ believe that engaging and working with the companies in which they invest, to secure greater disclosure of climate change risks and robust company emissions reduction strategies, is consistent with their fiduciary duty and essential to achieve the goals of the Paris Agreement.

Climate Action 100+ has become the largest ever global investor engagement initiative on climate change, with growing influence and impact. Since launch Climate Action 100+ has experienced 130 percent growth in investor participation. Investors working through the initiative are now engaged across 33 markets and represent over 50 percent of all global assets under management.

THE STEERING COMMITTEE

Climate Action 100+ is overseen by a global Steering Committee that establishes initiative strategic priorities, governance and infrastructure. The committee also reviews companies that have been subject to a corporate action and decides on a case-by-case basis if they should be removed from the focus list. Regional investor networks are responsible for submitting any revisions to the focus list to the Steering Committee, listing the reason for change. These can include merger, acquisition, bankruptcy or delisting.

The Steering Committee comprises five investor representatives and the heads of five investor networks. In recognition of the global nature of the initiative and the different priorities and conditions for company engagement in each region, the roles of Steering Committee Chair and Vice Chair rotate every six months between different regional representatives. Investor representatives are appointed by the five regional investor networks. The Steering Committee’s work is supported by a series of working groups including: Strategic Projects Working Group; Engagement Coordination Working Group; Communications Working Group; Governance Working Group, and the Fundraising Working Group.

MEMBERS OF THE STEERING COMMITTEE

To contact the Steering Committee please email [email protected]

Rebecca Mikula-Wright

Director - Asia Investor Group on Climate Change

Rebecca is the investor network representative for Asia.

Seiji Kawazoe

Senior Stewardship Officer - Sumitomo Mitsui Trust Asset Management

Seiji is the investor representative for Asia.

Mindy Lubber

Chief Executive Officer and President - Ceres

Mindy is the investor network representative for North America.

Anne Simpson

Managing Investment Director, Board Governance & Sustainability - California Public Employees' Retirement System

Anne is the investor representative for North America and the current Steering Committee Chair.

Emma Herd

Chief Executive Officer - Investor Group on Climate Change

Emma is the investor network representative for Australia/New Zealand.

Andrew Gray

Director, ESG and Stewardship - AustralianSuper

Andrew is the investor representative for Australia/New Zealand.

Stephanie Pfeifer

Chief Executive Officer - Institutional Investor Group on Climate Change

Stephanie is the investor network representative for Europe.

Stephanie Maier

Global Head of Sustainable and Impact Investment - GAM Investments

Stephanie is the investor representative for Europe.

Fiona Reynolds

Chief Executive Officer - Principles for Responsible Investment

Fiona is the global investor network representative and the current Steering Committee Vice Chair.

Laetitia Tankwe

Adviser to Ircantec President - Groupe Caisse des dépôts

Laetitia is the global investor representative.

THE TECHNICAL ADVISORY GROUP

The Technical Advisory Group brings together selected organisations that assess companies’ preparedness for the transition to a net-zero emissions economy. These entities have provided technical expertise along with company-specific research and analysis to inform initiative progress tracking. This information is deployed by signatory investors to inform their engagements and to make peer comparisons within sectors and regions. 

The Technical Advisory Group is chaired by Cynthia McHale, Senior Director, Ceres, and is made up of the below organisations.

2 Degree Investing Initiative: An international, non-profit think tank working to align financial markets and regulations with the Paris Agreement goals.

Carbon Tracker: An independent financial think tank that carries out in-depth analysis on the impact of the energy transition on capital markets and investments in high-cost, carbon-intensive fossil fuels.

InfluenceMap: An independent think tank that provides data and analysis on how business and finance are affecting the climate crisis.

Transition Pathway Initiative: A global, asset-owner led initiative which assesses companies’ preparedness for the transition to a low carbon economy.

THE ASIA ADVISORY GROUP

The Asia Advisory Group was established in January 2019 to provide strategic insight into the local Asian markets. The group oversees and advises on the strategy for engaging in the region and to address specific challenges that may arise, for example structural barriers such as state ownership and political context.

MEMBERS OF THE ASIA ADVISORY GROUP

The Asia Advisory Group was established by PRI and AIGCC to provide strategic insights and assist with fostering greater understanding of the local market context.

Rebecca Mikula-Wright

Director - Asia Investor Group on Climate Change

Amar Gill

Head of Investment Stewardship for Asia Pacific - BlackRock

Anne Simpson

Managing Investment Director, Board Governance & Sustainability - California Public Employees' Retirement System

Sophia Cheng

Chief Investment Officer - Cathay Financial Holdings

Richard Pan

Head of QFII Investment - China Asset Management

Hiroshi Komori

Head of Stewardship & ESG, Public Markets Investment Department - Government Pension Investment Fund

Crystal Geng

Group ESG Expert - Ping An Insurance (Group) Company of China

Ben Pincombe

Head of Stewardship, Climate Change - Principles for Responsible Investment

Srinivas Jain

Executive Director & Chief of Strategy, Digital & Technology - SBI Funds Management Private Limited

Seiji Kawazoe

Senior Stewardship Officer - Sumitomo Mitsui Trust Asset Management

FUNDING

Climate Action 100+ relies on in-kind contributions from participating investors and the support of philanthropic partners. Potential funders interested in learning more about Climate Action 100+ can contact the Fundraising Working Group Chair, Mariel Cabral, at [email protected].

OUR FUNDING PARTNERS

Climate Action 100+ is made possible by the support of the following philanthropic partners and others who wish to remain anonymous.

  • ClimateWorks Foundation
  • Children’s Investment Fund Foundation
  • KR Foundation
  • SeaChange Foundation

Successes

Investor engagement through Climate Action 100+ has secured a number of groundbreaking commitments from focus companies and often in hard to abate industries.

Learn more