text stringlengths 0 7.73k |
|---|
The large circles represent cooperation initiatives on carbon pricing between subnational jurisdictions. The small circles represent carbon pricing initiatives in cities. |
Source: World Bank, State and Trends of Carbon Pricing, 2019. |
CARBON PRICING. |
Governments around the world are adopting policy mechanisms such as carbon pricing and emissions trading systems in an effort to meet their nationally determined contributions (NDCs) to COP 21. AIMCo is a global investor, with issuers representing 62% of our total Public Equities assets under management domiciled in the United States, Canada, China, Japan and the United Kingdom. We will continue to monitor carbon regulations globally to inform our assessment of climate-related transition risks. |
Regional, National and Subnational Emissions Trading System (ETS) and Carbon Tax. |
ILLIQUID INVESTMENTS. |
We have conducted a carbon footprint of our domestic real estate assets under the owned emissions approach. As we continue to refine our methodology, we plan to expand our carbon footprint analysis to other asset classes. |
ETS implemented or scheduled for implementation. |
Carbon tax implemented or scheduled for implementation. |
ETS or carbon tax under consideration. |
ETS and carbon tax implemented or scheduled. |
Carbon tax implemented or scheduled, ETS under consideration. |
ETS implemented or scheduled, carbon tax under consideration. |
ETS and carbon tax implemented or scheduled, ETS or carbon tax under consideration. |
Shanghai. |
Shenzhen. |
Fujian. |
Beijing. |
Tianjin. |
Hubei Chongqing. |
Guangdong. |
Tokyo Saitama. |
Taiwan Ukraine. |
Norway. |
UK. |
Portugal. |
France. |
Switzerland. |
Slovenia. |
Poland. |
Latvia Estonia. |
Finland. |
Sweden. |
Den mark. |
Ireland. |
Liechtenstein Catalonia. |
Spain. |
Prince Edward Island. |
Nova Scotia. |
Saskatchewan Ontario. |
Québec. |
New Brunswick. |
Alberta. |
RGGI. |
Virginia. |
Newfound land and Labrador. |
TCI. |
Massachusetts. |
Targets. |
For our Domestic Real Estate portfolio, an internal dashboard tracks environmental efficiency performance, including key metrics such as water efficiency, energy efficiency, and waste diversion per square foot. We have adopted relevant targets for each of the metrics for our Canadian Real Estate portfolio. |
To set realistic, accomplishable and time bound targets related to climate change, we need to ensure that all relevant stakeholders agree with the target and what is required to achieve it. This conversation continues. |
ETS implemented or scheduled for implementation. |
Carbon tax implemented or scheduled for implementation. |
ETS or carbon tax under consideration. |
ETS and carbon tax implemented or scheduled. |
Carbon tax implemented or scheduled, ETS under consideration. |
ETS implemented or scheduled, carbon tax under consideration. |
ETS and carbon tax implemented or scheduled, ETS or carbon tax under consideration. |
Shanghai. |
Shenzhen. |
Fujian. |
Beijing. |
Tianjin. |
Hubei Chongqing. |
Guangdong. |
Tokyo Saitama. |
Taiwan Ukraine. |
Norway. |
UK. |
Portugal. |
France. |
Switzerland. |
Slovenia. |
Poland. |
Latvia Estonia. |
Finland. |
Sweden. |
Den mark. |
Ireland. |
Liechtenstein Catalonia. |
Spain. |
Prince Edward Island. |
Nova Scotia. |
Saskatchewan Ontario. |
Québec. |
New Brunswick. |
Alberta. |
RGGI. |
Virginia. |
Newfound land and Labrador. |
TCI. |
Massachusetts |
Strategic Response to Climate Change. |
AIMCo views climate change as a key systemic risk, with far-reaching environmental, social and economic investment implications. We recognize the business imperative of addressing climate change in our investment strategies and we view the physical and transition risks of climate change as material to our clients’ objectives. Since the time of first writing in 2015, climate-related risks have accelerated, while the window of opportunity for countries to reduce greenhouse gas emissions (GHGs) is narrowing. |
The landmark Paris COP 21 Accord reflects a global consensus that the average global temperature should not be permitted to increase beyond 2 degrees Celsius over pre-industrial levels. We are committed to doing our part to enable the transition to the low carbon economy, in alignment with Canada’s commitments to reduce GHGs 30% by 2030 over 2015 levels. |
It is our responsibility, as a leading institutional investor, to endeavour to understand the fastchanging world around us which includes identifying, measuring, managing, monitoring and reporting on climate-related risks and opportunities. Climate change has the potential to significantly impact asset value across asset classes and markets. The risk-return profile is changing for many industries- presenting both challenges and opportunities. As fiduciaries, we must consider whether our clients’ assets are invested over a sufficient length of time to meet current and future liabilities. It is our duty to ensure that AIMCo’s investments are adequately diversified and appropriately consider ESG factors, including mitigation of climate risk. |
AIMCo’s strategic response to climate change is based on the following key priorities: |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.