IIGCC sets out 2023 priorities

The Institutional Investors Group on Climate Change (IIGCC), an investor coalition, has set out its strategic priorities for 2023. At an event hosted by HSBC Asset Management, the group’s leadership team stated that there are three “pillars” of focus: initiatives, frameworks and implementation. These pillars are expected to increase the degree of collaboration between asset owners, asset managers and subject matter experts. Other areas of focus include developing capacity to support investors in specialist areas such as biodiversity and working towards a greater alignment of investments in emerging markets. CEO Stephanie Pfeifer restated the group’s message that analysing climate change as a financial risk is “good investment practice in line with client and beneficiary needs”.