iC International

The Initative Climat International (iC International) was originally launched as the iC20 by a group of French private equity firms who decided, in November 2015, to join forces and contribute, within their means, to the COP21 objective of limiting global warming to well below 2 degrees. Private equity is an integral cog in the global economic engine, facilitating sustained growth across industries and market sectors. In light of this, the iC International’s clarion call is clear: namely, that the global private equity industry do its part by leveraging tried-and-tested methodologies to analyse and mitigate carbon emissions and exposure to climate-related financial risks in their portfolios. The first step is to engage the wider private equity industry to better understand and manage carbon emissions. The next step will be to work towards forward-looking analysis of climate-related financial risk, in line with the recommendations of the TCFD. The iC International therefore calls upon the global private equity community to join the efforts of its founding signatories, the major private equity players in France.