Investor Network on Climate Risk (INCR) Key Actions
- On March 19, 2007, Calvert joined over 60 leading investors, asset managers, and companies to formally call for a federal climate policy. The call to action was organized by INCR and Ceres, a national network of investors, environmental organizations, and public interest groups working with companies and investors to address sustainability challenges such as global climate change.
- In addition, on February 14, 2008, Calvert signed on to a climate change action plan at the United Nations that aims to boost investments in energy efficiency and clean energy technologies and require tougher scrutiny of carbon-intensive investments.
- By November 11, 2008, 130 investors around the world, representing $6.4 trillion, called upon world leaders for a strong global agreement on climate change to succeed the Kyoto Protocol.
- September 16, 2009: The 2009 Investor Statement on the Urgent Need for a Global Agreement on Climate Change was developed by key players in the global investor effort to address climate risk: specifically, the UNEP Finance Initiative, the Investor Network on Climate Risk (INCR, representing North American institutional investors with more than $7 trillion in AUM), the Institutional Investors Group on Climate Change (IIGCC, comprised of European investors with AUM of about €4 trillion), and the Investor Group on Climate Change (IGCC, with AU$500 billion in assets under management by investors in Australia and New Zealand). The Statement calls for a strong agreement to be made by global negotiators in Copenhagen that will help to bring greater clarity and certainty to the investment landscape with regard to climate change and its impacts.