Climate change is one of the single biggest systemic risks facing society and the planet today. The Investment Association, representing the UK-based investment management industry, is committed to climate action.

The IA Position on Climate Change, most recently updated in July 2022, makes clear our support for the Paris Agreement goal to limit global warming to well below 2°C (and preferably to 1.5°C) compared to pre-industrial levels, and the global goal on adaptation of enhancing adaptive capacity, strengthening resilience and reducing vulnerability to climate change.

Each year, the IA publishes a Climate Change Action Plan as part of our ongoing commitment to further action. We have identified four core pillars through which our industry is able to contribute to positive climate action:

• By working with asset owners, investors and savers to make informed choices;
• By supporting the integrity, quality and consistency of climate and sustainability disclosures;
• By working with UK government to support the UK’s net zero ambition and to lead international efforts to bring about global and systemic change; and
• As a business and employer, here at the IA, we look to our own corporate operations and work towards carbon neutrality.