The Portfolio Decarbonization Coalition (PDC) is UNEP FI´s platform for investor leadership on climate change. It is a multi-stakeholder initiative that seeks to support and catalyze the transition to the low-carbon economy by mobilising and convening institutional investors committed to gradually restructuring their portfolios accordingly.
The PDC stands out as a platform of leaders because in order to participate investors have to make a clear, quantified, and actionable, commitment to address GHG emissions, and the resulting risks, via their ´core´ (as opposed to their ‘satellite’) portfolios. Investors wishing to participate in PDC are encouraged to commit to measuring and disclosing, via the Montréal Carbon Pledge, the carbon footprint of their investment portfolios on an annual basis, and are required to (ii) taking action to start aligning their core portfolios with the low-carbon economy . The Portfolio Decarbonization Coalition was co-founded in 2014 by the UN Finance Initiative (UNEFI), the fourth national pension fund of Sweden (AP4), Europe’s largest asset manager Amundi and CDP, the most important mechanism for climate disclosure worldwide.
The PDC now convenes 29 investors overseeing the gradual decarbonization of more than USD 600 billion in Assets under Management (AUM), dramatically surpassing in November of 2015, its original target of USD 100 billion.
GOVERNANCE – The PDC is governed by a multi-stakeholder Steering Committee comprising the co-founders of the Coalition (UNEP FI, CDP, AP4, Amundi) and, additionally, the representatives of 3 PDC investors appointed by nomination/election.
Visit the Portfolio Decarbonization Coalition website.