Legal & Regulatory News

Institutional Investor Group on Climate Change publishes set of investor expectations for company action on climate risk

On 6 October 2021, the Institutional Investor Group on Climate Change (IIGCC) published a 23-page guide that is intended to set out investor expectations of investee companies regarding the governance, assessment, management, and disclosure of physical climate risks and opportunities.

The guide sets why investors expect company boards to take responsibility for managing physical climate risks and opportunities, the steps that companies could take to assess physical climate risks, develop a strategy for building climate resilience, and identify opportunities to provide adaptation solutions. It also sets out the key metrics investors would like companies to disclose in their public reports. The guide concludes with guiding questions that investors can use to support the physical climate-related stewardship of investee companies.

The IIGCC has contacted 50 publicly listed companies to ask them to adopt the investor expectations set out in the guide.

Click here to access the IIGCC guide and list of metrics.