International launch of the “Investors for a Just Transition” Coalition
On June 30, 2021, Finance for Tomorrow announced the launch of the first global coalition of commitment around just transition: ‘Investors for a Just Transition’. Bringing together asset managers and holders from the French financial ecosystem, in close liaison with companies, the coalition aims to promote a socially acceptable transition to low-carbon economies.
Today, we are launching this first global coalition of commitment to the Just Transition on the international stage, on the occasion of COP26!
The founding members of the coalition will commit to carrying out engagement actions with companies, in order to encourage them to integrate Just Transition into their strategies and to bring out best practices in different sectors.Since June 2021, Finance for Tomorrow has been bringing together asset managers and holders representing more than 4,300 billion euros in the first global engagement coalition to promote a Just Transition to low-carbon economies. Working closely with companies, extra-financial rating agencies, and other investor networks, the 20 members of the coalition will commit to carrying out engagement actions with companies, to encourage them to integrate just transition into their strategies and to bring out best practices in different sectors. Through this collaborative platform, investors will work with various stakeholders – companies, trade union organizations, universities and research institutes – to define a common strategy and precise engagement objectives. This coalition has a triple objective:
- Encourage companies to integrate just transition into their environmental strategy through regular dialogue with them
- Promote best practices in the business sectors most affected by environmental transition
- Facilitate collaboration between investors and companies
Discover the Coalition’sdedicated website and activitiestoday:
- The Just Transition Hub
- The Engagement Strategy
- The University Chair