Companies and Climate change - An updated research application of the AIIB-Amundi CCIF*

The Climate Change Investment Framework (CCIF) was designed by the Asian Infrastructure Investment Bank (AIIB) and Amundi to tailor investment portfolios that actively consider alignment with the Paris Agreement. The CCIF considers the three dimensions of climate change mitigation and adaptation, and contribution to the transition to net zero. 

BMI, a Fitch Solutions Company, and the Climate Bonds Initiative (Climate Bonds) have applied the CCIF at a country and sector level (BMI), and an entity level (Climate Bonds). This is a follow up report, which highlights the energy transition performance of the automotive (auto), technology-electronics (tech-electronics), healthcare, and basic industries sectors. The results of the research are presented in this report.

Key findings

  • There is evidence that the objectives of the Paris Agreement are being integrated into the strategy of companies across all sectors. The degree of strategic integration varies at country level and within each sector, pointing to the need for consistent policy support.
  • Among the three objectives of the Paris agreement of climate change mitigation, adaption, and contribution to the transition to net zero, adaptation is the one receiving the least attention from entities in the form of physical risk assessment, and consequently the management of those risks. This was barely mentioned by any of the entities examined in the company level research.
  • Common international environmental disclosure standards such as the Global Reporting Initiative (GRI) are being increasingly used, facilitating the categorisation of companies by degree of advancement of their mitigation efforts.

You can now read the full whitepaper at the link below