Co-ordinated by four leading investor groups on climate change – the US-based Investor Network on Climate Risk (INCR), the European Institutional Investors Group on Climate Change (IIGCC), the Investors Group on Climate Change (IGCC) in Australia and New Zealand) and the Climate Change Working Group (CCWG) of the United Nations Environment Programme Finance Initiative (UNEP FI), the statement formalises the private sector’s requirement for a strong, binding framework to succeed the Kyoto Protocol. It was launched 16 September 2009 at the Investor Forum on Climate Change in New York City, co-sponsored by Ceres’ U.S. Investor Network on Climate Risk (INCR), the European Institutional Investors Group on Climate Change, (IIGCC) the United Nations Environment Programme Finance Initiative (UNEP FI), the New York State Comptroller’s Office, and the P8 Group. View the Press Release These were some of the speakers at the Forum:

  • Lord Nicholas Stern, Chair of the Grantham Research Institute on Climate Change at the London School of Economics and Special Advisor to the Group Chairman of HSBC on Economic Development and Climate Change
  • Thomas P. DiNapoli, New York State Comptroller
  • Nick Robins, Co-Chair of the UNEP FI Climate Change Working Group and Head of HSBC Climate Change Centre of Excellence
  • Rob Lake, APG Investments and IIGCC
  • Bill Lockyer, California State Treasurer and INCR member
  • Nathan Fabian, CEO, Investor Group on Climate Change Australia/New Zealand
  • Eric B. Svenson, Vice President, Environment, Health and Safety, PSEG Services Corporation

We thank the following UNEP FI Signatories for their support: Access Bank – Investment Bank, Nigeria
Acuity Investment Management, Canada
Allianz, Germany
Aquila Capital, Germany
ASN Bank, Netherlands
Aviva, UK
Bank Negara, Indonesia
Bank Sarasin, Switzerland
British Columbia Investment Management Corporation, Canada
BT Financial Group (Westpac), Australia
ClearBridge Advisors, Legg Mason, USA
Colonial First State, Australia
Credit Agricole, France
Daegu Bank, South Korea
Deutsche Bank, Germany
Development Bank of the Philippines (DBP)
Dexia, Belgium
DnB NOR, Norway
Eurizon, Italy
F&C Management, UK
Fira, Mexico
Groupama Asset Management, France
Henderson, UK
HSBC, UK
ING Group, Netherlands
Insight Investment, UK
Interamerican Insurance Group, Greece
Land-Bank of the Philippines, Philippines
Landesbank Baden Württemberg, Germany
Nordea, Sweden
Pax World, US
Prudential Portfolio Managers, South Africa
SAM, Switzerland
Societe Generale, France
Storebrand, Norway
Swiss Reinsurance Company, Switzerland
The Co-operators Group, Canada
Triodos, Netherlands
VicSuper, Australia
YES Bank, India
For more information, please contact climate[at]unepfi.org.
Published: 2009 | by: Stern

2009 Investor Statement on the Urgent Need for a Global Agreement on Climate Change (263 KB | 12 pages)