PDC surpasses target now overseeing the decarbonization of $600bn Assets under Management
The Portfolio Decarbonization Coalition (PDC) is a multi-stakeholder initiative that will drive GHG emissions reductions on the ground by mobilizing a critical mass of institutional investors committed to gradually decarbonizing their portfolios.
|From generating the information…
It needs to become common practice for investors to measure and periodically disclose their carbon exposure (or ‘footprint’), meaning the carbon intensity of their capital.
|…to taking Action
Based on carbon-footprint information, a critical and growing mass of investors worldwide needs to start taking action to reduce the carbon-intensity of their investments and portfolios.
|PDC and Disclosure
The PDC supports The PRI Montreal Pledge, which has reached more than $10 trillion in assets under management with over 120 investors committed to measure and publicly disclose the carbon footprint of their investment portfolios on an annual basis.
|PDC’s decarbonization achievements
PDC now convenes 25 investors overseeing the decarbonization of $600bn in commitments out of $3.2 trillion in assets under management.