THE FIRST SPARK
The initial meeting that led to Climate Action 100+ was convened by the California Public Employees’ Retirement System (CalPERS) at the French Mission to the UN.
DESIGN WORK BEGINS
Investor networks begin work with investors to design the Climate Action 100+ initiative to implement commitments set out in the 2015 Global Investor Statement on Climate Change.
INVESTORS CALLED TO PARTICIPATE
A call for investors to join Climate Action 100+ is announced at the PRI in Person conference in Berlin.
CLIMATE ACTION 100+ LAUNCHES
Climate Action 100+ is officially launched at the One Planet Summit in Paris, with an initial list of 100 focus companies and 225 signatories.
Engagement agenda and governance is established, and many engagements with companies begin over the following six months.
MORE COMPANIES ADDED
Additional 61 ‘plus list’ companies identified by investors and added to focus list for engagement.
WORLD’S LARGEST PENSION FUND JOINS
Japan’s Government Pension Investment Fund (GPIF),the world’ largest pension fund, joins the initiative as a supporter.
ASIAN ENGAGEMENT RAMPS UP
The Asia Advisory Group is formed to support engagements in the region.
PROGRESS REPORT LAUNCHED
Climate Action 100+ launches its first progress report detailing the success of the initiative to date.
WORLD’S LARGEST ASSET MANAGER JOINS
BlackRock, the world’s largest asset manager, joins the initiative.
INVESTOR SIGNATORIES HIT 450
Initiative reaches 450 signatories who are responsible for $41 trillion in assets under management, representing a 65% growth in investor participation since launch.
CLIMATE ACTION 100+ SETS OUT BENCHMARK OF LARGEST CORPORATE EMITTERS
The initiative informs focus companies that progress on key indicators will be tracked via Climate Action 100+ Net Zero Company Benchmark.
ADDITIONAL FOCUS COMPANIES ADDED
The initiative adds a further nine companies to the focus list and removes two, taking total engagement to across 167 firms.
NET-ZERO COMPANY BENCHMARK RELEASED
Climate Action 100+ releases its first-ever Net-Zero Company Benchmark assessing the world’s largest corporate greenhouse gas emitters on their progress in the transition to the net zero future.
Global Sector Strategies launched
Climate Action 100+ formally launches the Global Sector Strategies workstream and publishes the Steel strategy, led by IIGCC. The initiative reaches more than 615 signatories, an increase of 170% in investor participation since launch.
Climate Action 100+ shares Benchmark update
Climate Action 100+ publishes information update on the Net Zero Company Benchmark ahead of March 2022 company assessments. Climate Action 100+ signatories are now responsible for over USD $60 trillion in assets under management.
Initiative publishes 2021 Progress Update
Climate Action 100+ publishes its 2021 Progress Update, featuring key highlights from a record year on climate action and shareholder engagement.
Climate Action 100+ releases second Net Zero Company Benchmark
Climate Action 100+ publishes second round of Net Zero Company Benchmark assessments of its 166 focus companies, reaching over 700 signatories.
Climate Action 100+ releases Net Zero Company Benchmark 2.0
In consultation with signatories and in the run up to Phase 2, the initiative publishes an updated Benchmark (Benchmark 2.0) to ensure that it continues to ratchet up support for investor engagements with focus companies.
The initiative launches its 2nd Phase
Running from 2023 to 2030, Phase 2 of Climate Action 100+ will guide investors through to the end of this critical decade.
View the latest update
Climate Action 100+ is tracking the progress of companies against the initiative’s three goals through regular progress reporting and benchmarking.