The European Commission has launched a public consultation on the ESG ratings market and how credit rating agencies…
This investor statement is focused on actions aviation companies should take to manage their climate risks/opportunities. It was published in February 2020.
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 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. Interested investors may sign on using this form.
UPDATE: The PRI is increasingly directing investors to the Climate Action 100+ Aviation Sector Strategy for detailed guidance on engaging aviation companies on climate change. The PRI's Investor Expectations Statement on Climate Change for Airlines and Aerospace Companies will remain open for signatures to publicly signal investor support for key actions aviation companies can take to decarbonise.