2° Investing Initiative is an independent, non-profit think tank working to align financial markets and regulations with the Paris Agreement goals. Since our founding in 2012, we have played a significant role in shaping the sustainable finance agenda, known especially for our independent, science-based approach. Some of our key achievements include contributing to the first climate reporting regulation (France’s Article 173); introducing climate scenario analysis and stress-testing into global regulatory practices; and developing new resources for sustainable retail investing.
As a multi-stakeholder think tank, 2DII also works in close collaboration with experts from the leading organizations in the sector, including the UN Environment Program, Climate Action 100+, WWF, Oxford University, various governments, and more. In addition to our hubs in Europe and North America, we lead projects in Brazil, Chile, Colombia, Japan, Malaysia, Mexico, Nigeria, Peru, the Philippines, and South Korea, among others. 2DII has an annual budget of more than €4 million in funding from the European Commission, governments, and philanthropies, which enables us to independently pursue our research agenda.
2° Investing Initiative is committed to a policy of equal employment opportunities and will take positive action to continually ensure equal opportunity to our employees and to our applicants in the conduct of all business activities. We provide equal opportunities to all individuals regardless of religion, ethnic or national origin, gender, age, disability, sexual orientation, gender identity, or marital status. Please note we can only accept candidates who are eligible to work in the EU.
2DII today announced it is transferring stewardship of the Paris Agreement Capital Transition Assessment (PACTA) to RMI, formerly Rocky Mountain Institute. PACTA measures financial portfolios' alignment with various climate scenarios, including those consistent with the Paris Agreement. Under RMI’s stewardship, PACTA will remain a free, independent, open-source methodology and tool, and will continue to provide the financial and supervisory community with forward-looking, science-based scenario analysis to help users make climate-aligned financing decisions. RMI will invest in scaling up PACTA’s usability and applicability in day-to-day investment decisions as well as reporting requirements.
Access the full press release here: https://2degrees-investing.org/2-investing-initiative-transfers-stewardship-of-pacta-to-rmi/In the coming weeks, we will update this website with additional information. For now, please note that all contact information remains unchanged.