• Atmospheric CO2 /Parts per Million /Annual Averages /Data Source: noaa.gov

  • 1980338.91ppm

  • 1981340.11ppm

  • 1982340.86ppm

  • 1983342.53ppm

  • 1984344.07ppm

  • 1985345.54ppm

  • 1986346.97ppm

  • 1987348.68ppm

  • 1988351.16ppm

  • 1989352.78ppm

  • 1990354.05ppm

  • 1991355.39ppm

  • 1992356.1ppm

  • 1993356.83ppm

  • 1994358.33ppm

  • 1995360.18ppm

  • 1996361.93ppm

  • 1997363.04ppm

  • 1998365.7ppm

  • 1999367.8ppm

  • 2000368.97ppm

  • 2001370.57ppm

  • 2002372.59ppm

  • 2003375.14ppm

  • 2004376.96ppm

  • 2005378.97ppm

  • 2006381.13ppm

  • 2007382.9ppm

  • 2008385.01ppm

  • 2009386.5ppm

  • 2010388.76ppm

  • 2011390.63ppm

  • 2012392.65ppm

  • 2013395.39ppm

  • 2014397.34ppm

  • 2015399.65ppm

  • 2016403.09ppm

  • 2017405.22ppm

  • 2018407.62ppm

  • 2019410.07ppm

  • 2020412.44ppm

  • 2021414.72ppm

  • 2022418.56ppm

  • 2023421.08ppm

Stewardship group ‘will help bondholders influence climate transition’

The Institutional Investors Group on Climate Change (IIGCC) has launched a Bondholder Stewardship Working Group chaired by Railpen’s senior investment manager Chandra Gopinathan.

Comprising nine core member investors, the working group represents £2.66trn in assets under management and includes both asset owners and managers. It will provide guidance on best practices for climate-related disclosure, stewardship and engagement, and new financing structures for corporate bonds.

“Despite an outstanding amount almost three times that of equities, the current governance and accountability mechanisms for bondholders to influence the climate transition remain weak,” said Gopinathan.

“The working group aims to empower bondholder stewardship by providing a best practices-led approach with practical guidance across the financing lifecycle.”

The core working group members are: Allianz Global Investors; Eurizon Capital; Insight Investment; Jupiter Asset Management; Ninety One; Neuberger Berman; Phoenix Group; Railpen; and Royal London Asset Management.

A position statement has been published by the IIGCC that outlines the scope and objectives of the working group.


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