You are here: homepageWydler Asset Management joins the Institutional Investors Group on Climate Change (IIGCC)

Wydler Asset Management joins the Institutional Investors Group on Climate Change (IIGCC)

The Institutional Investors Group on Climate Change (IIGCC) is the European membership organization for investor collaboration on climate change. The organization includes over 375 members who oversee approximately €51 trillion in assets. The organization’s goal is to make significant and real progress toward a net-zero and resilient future by 2030 through capital allocation decisions, collaboration with businesses and policymakers.
Race to Zero Schriftzug
“Investor Expectations for Paris-aligned Accounts” sets out investor expectations in five clear steps that companies can take when preparing financial statements that are in line with the Paris climate agreement:
  • A confirmation that climate risks are included in the financial statements;
  • Adjustments to critical assumptions and estimates;
  • Sensitivity analyses and their results related to variances in judgments or estimates;
  • Dividend resilience and implications for dividend distributability in complying with the Paris Climate Agreement; and
  • Confirmation of consistency between narrative reporting of climate risks and accounting assumptions.
A clear expectation was also sent to accounting firms to explicitly highlight material climate risks as part of financial statement audits, particularly where financial statements are not “Paris compliant.” Where these expectations are not met, members, in their role as investors, see opportunities for engagement, reconciliation, and even sale of the investments made. The aim is to ensure that investors can maximize their contribution to limiting global warming to no more than 1.5 degrees Celsius in line with the latest economic evidence and the higher ambitions of the Paris Agreement. Putting the target into practice means that investors should ensure that their portfolios contribute to achieving net-zero emissions by 2050 at the latest. The path to alignment with Paris thus leads to becoming a “net-zero investor.”
Netto Null Investor Banner
Having already signed the United Nations Principles for Responsible Investments, joining is a further logical step for us as part of our ESG (= Environment -- Social -- Governance) orientation. Climate risks and climate change are issues that must be taken into account, especially by us as investors. For us, sustainability is not just a newfangled buzzword, but has always been an integral part of our investment culture. You can find more detailed information at https://www.netzeroassetmanagers.org/.

Book an initial consultation directly now

Gladly in person or digitally, conveniently and easily from home. Conserving resources without the expense of travel.

You are here: homepageWydler Asset Management joins the Institutional Investors Group on Climate Change (IIGCC)

More articles on asset management

Monthly report January 2023

Monthly report January 2023

A fantastic start Monthly report January 2023   Global stock markets got off to a flying start in 2023. The main reason for this was the further decline in inflation data. In particular, the renewed drop in annual inflation in the USA in...

Annual outlook 2023

Annual outlook 2023

Annual Outlook 2023 - We look positively ahead. Review When we talk about 2022, we are once again talking about a year that will go down in the history books. Mostly in the negative sense, unfortunately, as the year held surprises on so many fronts...

Monthly Report December 2022

Monthly Report December 2022

Active management beats passive products Monthly report December 2022   December got off to a promising start, with European stock exchanges following the positive trend from the USA. Hopes grew among investors that the lower inflation figures...