IG4CAPITAL
IG4 Capital specializes in alternative investing in emerging markets and joined the Net Zero Asset Managers Initiative in October 2021 and made its Initial Target Disclosure in November 2022.
Percentage of assets covered by the Net Zero Asset Managers Commitment Statement
92% of total AUM (USD $1.5 billion)
Information on interim target(s) covering the proportion of assets to be managed in line with net zero
Baseline(s):
0% of portfolio companies setting a Science Based Target.
Target(s):
92% of portfolio companies setting a Science Based Target.
GHG scopes included:
All our invested companies are including Scope 1, 2 and 3 for the decarbonization path. Scope 1 and 2 need to be reduced to Zero for 2040, Scope 3 is under study.
Methodology:
Science Based Target initiative for Financial Institutions
Own/other methodology
Scenario(s):
Beyond 2°C Scenario (B2DS), which is a scenario from the IEA (2017), Energy Technology Perspectives 2017, that has been used by the SBTi to define well-below 2C SBTs since 2019.
Additional information
Proportion of AUM committed:
92%. IG4 is a PE firm specialized in the transformation of distressed assets. Our latest acquisitions are still excluded from the Net Zero commitment. They are working in parallel in an ESG plan to increase the proportion of assets managed in line with net zero. These exclusions will be added to the target next year.
Policy on coal and other fossil fuel investments:
We don’t invest in coal and we are developing and environmental policy.
Further information:
Our ESG report will be published in our website in November 2022.