About iCI

iCI was originally launched in November 2015 as the iC20 by a group of French private equity firms that wanted to contribute to the COP21 objective of limiting global warming to well below 2 degrees Celsius in a manner consistent with their investment mandates. 

Private equity is an integral part of global capital markets, facilitating sustained growth across industries and market sectors. Accordingly, private equity firms have a unique opportunity to measure, understand, and seek to mitigate carbon emissions and broader climate risks and opportunities across their portfolios.  

iCI members:

1.      Recognise that climate change will have adverse effects on the global economy, which presents both risks and opportunities for investments.

2.      Seek to contribute to the objective of the Paris Agreement – to limit global warming to well below two degrees Celsius. 

3.      Engage with their portfolio companies to measure and reduce their greenhouse gas emissions, contributing to an overall improvement in sustainability performance.

Benefits of iCI

iCI is a formally endorsed, collaborative global initiative which provides a variety of benefits for its members, including:

1.      Access to workshops, webinars and regulatory updates prepared by industry specialists and practitioners.

2.      Peer-to-peer collaboration to share best practices for climate action through working groups, regional chapters and the global iCI network.

3.      ‘Tried and tested’ guidelines, tools, and training materials dedicated to alternative assets to enable effective climate action and GHG emissions reductions in alignment with the Paris Agreement.  

How to join iCI

1.      Read the Terms of Reference and Disclaimer.

2.      Send a completed 'Application Form' and ‘Climate Commitments’ Form to the iCI secretariat at Chloe.parkin@unpri.org.

3.      Join the initiative Collaboration Platform page.

Disclaimer

Initiative Climate International (the group) is committed to compliance with all applicable laws and does not seek, require or endorse individual or collective decision-making or action that is not in compliance with those laws.

iCI members are independent fiduciaries responsible for their own investment and voting decisions. The use of engagement tools and tactics, including the scope of participation in engagements is at the discretion of individual investors and subject to all relevant laws, including competition and antitrust laws. The group facilitates the exchange of public information, but participants must not share or exchange non-public, competitively sensitive information. Participants must avoid coordination of strategic behaviour that impacts competition. Participants must make independent decisions regarding next steps and how they will pursue them, and are encouraged to consult their own counsel as appropriate.

The group does not act or speak on behalf of participants. Participants also do not seek directly or indirectly, either on their own or another’s behalf, the power to act as proxy for a security holder and do not furnish or otherwise request or act on behalf of a person who furnishes or requests, a form of revocation, abstention, consent or authorisation. Participants may not claim to represent other participants, the group or the PRI or make statements referencing other participants, the group or the PRI without their express consent.

The group does not provide investment, legal, accounting or tax advice.

Whilst the PRI has exercised its best efforts, it makes no warranties, express or implied, or representations as to the accuracy, reliability and completeness of any information provided on this website. The group does not necessarily endorse or validate the information contained herein.

The terms of reference, manifesto, collaboration platform pages, responsibilities, rights and other information contained elsewhere herein are intended to be interpreted in a manner consistent with the foregoing.

Last updated: 3rd November 2025