Energy Transition Platform 2 - Asia Research and Engagement

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Asia Transition Platform

The Asia Transition Platform members represent a combined US$ 5 trillion.

In the first three years, the Platform will engage with at least 50 Asian companies across all of Asia’s leading financial markets, with an initial focus on carbon risk and coal at financial institutions and coal-exposed power companies.

“Accelerating energy transition in Asia is critical to addressing the climate crisis, yet there is a gap between global investors who want to drive change, and the companies in Asia vital to making it happen. The Asia Transition Platform aims to bridge this gap.”

Ben McCarron, Founder and Managing Director, ARE

“Over the past year we have seen encouraging developments in sustainability-related business practices and policies, such as a raft of net zero announcements. However, in reality, there is still a stark mismatch between where we are today and what is required to ensure that the objectives of the Paris Agreement are met. There is a huge opportunity for Asian companies to take the lead in tackling the climate emergency.”

Mirza Baig, Global Head of ESG Investments, Aviva Investors

“Asia needs to move rapidly to get onto a decarbonization trajectory, and the largest companies in each market must take the lead in this transition.”

Yasmine Svan Saarela, Senior Sustainability Analyst, Legal & General Investment Management

“The Asia Transition Platform gives a needed new impetus to global investor engagement with those Asian companies that are pivotal to energy transition.”

Doug McMurdo, Chair, the Local Authority Pension Fund Forum

“Although PGGM is a Dutch pension fund manager, we are critically aware that climate change is an issue that needs to be addressed globally. By participating in the Asia Transition Platform, we aim to encourage Asian companies to participate in the energy transition in a way that is both meaningful and appropriate.”

Andres van der Linden, Responsible Investment Advisor, PGGM

“ARE’s research, analysis and engagement expertise backed by a group of dedicated investment managers – and our own engagers – will underline the global necessity for an energy transition, allow for international best practice sharing, and will hopefully bring about further, necessary dynamic into the energy transition.”

Nina Roth, Director of Responsible Investment, Columbia Threadneedle Investments

“We welcome ARE’s launch of the Asia Transition Platform, which aids the transition from fossil fuel financing and use. We are committed to carbon neutrality in operation and investments by 2050 and we continue our active engagement with investees on their decarbonisation efforts.”

Jenn-Hui Tan, Global Head of Stewardship and Sustainable Investing, Fidelity International

Through our partnership with ARE on the Asia Transition Platform, we can collaborate with like-minded peers to constructively engage our portfolio companies in the region on decarbonization. This supports our focus on using our influence to ensure our global carbon-intensive investments set mature net-zero aligned commitments.

Jennifer Coulson, Senior Managing Director & Global Head, ESG , BCI

The Platform

Eight institutional investors representing US$5 trillion

Addresses the banking, power, and steel sectors across 10 Asian markets

Uses direct engagement, investor group meetings, AGM attendance, company and issue-based research, voting analysis, and media

Direct access in China through our new Beijing subsidiary

Collaboration with civil society actors

Year to Date Highlights

Attended 10 bank and power AGMs in China, Philippines, and Malaysia, and provided voting analysis for six Japanese and seven Chinese companies.

Appointed knowledge partner for the GFANZ APAC coal power managed phase out guidelines.

Organised two-day media training event in Singapore to empower regional journalists to better support energy transition and to provide profile for civil society partners.

Asia Transition
Platform Members

ARE in the News

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Experts react to Japan and South Korea’s joint hydrogen and ammonia initiative

November 17, 2023

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Southeast Asia’s LNG investments predicted to peak by 2040: Study

November 6, 2023

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Singapore research firm sways against LNG investments

November 3, 2023

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Group lobbies against LNG investments

November 2, 2023

Selected Publications