Source:
Institutional Investors Group on Climate Change IIGCC
Source Link:
http://www.iigcc.org/docs/PDF/Public/AutoDisclosureFramework.pdf
The Institutional Investors Group on Climate Change (IIGCC, Europe), Ceres, which directs the Investor Network on Climate Risk (INCR, US), and the Investor Group on Climate Change (IGCC, Australia and New Zealand) have joined forces to develop a reporting framework which defines investors’ disclosure expectations for auto manufacturers and equipment suppliers for the sector.
The framework was drafted by investment professionals with input from industry representatives to capture those climate change issues that are most relevant for car manufacturers and equipment manufacturers. It provides a format for presenting qualitative and quantitative issues in a coherent and consistent way.
Through the use of this framework, we want to encourage auto companies to disclose information that allows institutional investors to make informed decisions about the financial implications of climate change for their sector.