CoAct Database

Montreal Carbon Pledge

By signing the Montréal Carbon Pledge, investors commit to measure and publicly disclose the carbon footprint of their investment portfolios on an annual basis.The Pledge was launched on 25 September 2014 at PRI in Person in Montréal, and is supported by the Principles for Responsible Investment (PRI) and the United Nations Environment Programme Finance Initiative (UNEP FI). Overseen by the PRI, it has attracted commitment from over 120 investors with over US$10 trillion in assets under management, as of the United Nations Climate Change Conference (COP21) in December 2015 in Paris. Support for the Montréal Carbon Pledge comes from investors across Europe, the USA, Canada, Australia, Japan, Singapore and South Africa. The Montréal Carbon Pledge allows investors (asset owners and investment managers) to formalise their commitment to the goals of the Portfolio Decarbonization Coalition, which mobilises investors to measure, disclose and reduce their portfolio carbon footprints. Over US$100 billion has been committed to this as of COP21.

Activity period	2014–2020
Last CoAct update	2023
Web URL	https://montrealpledge.org/
Output effectiveness	0.33
Accountability Index	0.38
Inclusiveness Index	0.43
Num. actors	118
Functions	Standards and norms, Lobbying, Participatory management
SDGs
Themes	finance
Policy focus	Mainly mitigation
Sectors	Financial and insurance activities
Implementation countries	Australia, Austria, Canada, China, Denmark, Finland, France, Germany, Ghana, India, Indonesia, Ireland, Italy, Japan, Netherlands (Kingdom of the), Norway, Singapore, Spain, Sweden, Switzerland, United Kingdom of Great Britain and Nothern Ireland (the), United States of America (the)