Aviation is a carbon-intensive mode of transportation and is projected to grow rapidly in the 21st century. The PRI, in consultation with investors engaging airlines and aerospace companies via Climate Action 100+, has developed these investor expectations (see the 'Files' tab to download the expectations) as guiding standards to support such companies in managing their climate-related risks and proactively positioning themselves for the transition to a low-carbon economy. 

UPDATE: This statement is closed to new investor signatures, but will remain available for reference on the PRI Collaboration Platform to demonstrate investor support for key actions airlines and aerospace companies can take to manage their climate change risks and opportunities. The PRI encourages investors to instead refer to the Climate Action 100+ Aviation Sector Strategy for detailed guidance on engaging aviation companies on climate change.