City climate change body brings in Capital MS&L

The Institutional Investors Group on Climate Change (IIGCC) has appointed Capital MS&L for an ongoing comms brief.

IIGCC looks to tackle pollution
IIGCC looks to tackle pollution

The IIGCC, established in 2001, is a forum for collaboration between pension funds and other institutional investors to address the investment risks and opportunities associated with climate change.

The agency will provide the organisation with strategic counsel and ongoing communications support

Commenting on the appointment, Claire Maloney, director at Capital, said: ‘The IIGCC has made significant strides since launch to embed the issues surrounding climate change in the minds of the investment community. We look forward to working with the group to support its ongoing advocacy work, as it continues to raise awareness of the importance of climate change as an investment issue.'

The IIGCC seeks to influence companies, policymakers and investors to adopt a pro-active approach amongst asset managers and other market players on climate change.

This includes encouraging improved company disclosure and performance on climate change and public policy solutions that ensure a move to a low carbon economy while being consistent with long-term investment objectives. In March it publicly called on leading car manufacturers to provide greater transparency on climate change risks.

The group currently has 52 members, with assets of approximately €4 trillion (£3.6 trillion). Members include HSBC Investments, BBC Pension Trust and Aviva Investors.

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