Asian investors with a combined $2.3 trillion in assets have signed up

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  • 23 Oct 2018
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$2.3 Trillion of Asian Investors Join Climate Action 100+

Asian investors with a combined $2.3 trillion in assets have signed up to engagement initiative Climate Action 100+. The institutions include Japan's Government Pension Investment Fund (GPIF), which has $1.4 trillion in assets, making it the largest pension fund in the world. The others to have signed up since late May are Nikko Asset Management, China Asset Management Company, Mitsubishi UFJ Trust & Banking Corporation, Fukoku Capital Management and Resona Bank. The initiative, which will engage with the biggest corporate emitters of carbon dioxide globally and demand that they show how their businesses are evolving to be in line with the transition to a low-carbon economy, now has the support of 310 investors, representing over $32 trillion in assets collectively under management.

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Environmental Finance