Investment managers and asset owners are invited to sign the 2015 Investor Expectations on Corporate Climate Lobbying document, setting out expectations for company practice and disclosure on climate change related policy activity. Through Climate Action 100+, these expectations have been built upon to focus on regional specific initiatives in Europe (2018) and the USA (2019).
Corporate engagement on climate policy plays a critical role in helping governments create practical climate policy solutions. However, it is a double-edged sword. Negative and resistant corporate interest, often represented by third-party organisations, can hinder policy action that aims to mitigate the impacts of climate change. This can cause a number of issues for investors including legal and reputational risks, and long-term portfolio volatility.
- Public Policy