Investor Climate Action Plans
2024 CTAP Program Objectives
In addition to leveraging portfolio companies to adopt and implement their CTAPs, Ceres will continue to work with Investor Network members and its global investor coalitions to establish Investor Climate Action Plans (ICAPs).
Ambition 2030 Companies in six high‑emitting focus sectors set targets and publish CTAPs. Federal Climate Policy Companies participate in policy advocacy as core CTAP component. IRA & IIJA Implementation Companies take advantage of and champion IRA benefits.
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Ceres Investor Network: ICAPs Expectation Ladder
Key insights reported from an asset owner working group to provide guidance.
ICAPs and CTAPS
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The ICAPs Expectation Ladder is made up of four tiers:
Tier 4 Companies do not negatively impact water availability in water‑scarce areas across their value chain. Tier 3 Investors have aligned portfolio emissions reduction targets with domestic policy goals or Nationally Determined Contributions. Tier 2 Investors have portfolios aligned with 1.5°C and net zero commitments by 2050. Tier 1 Investors have portfolios aligned with 1.5°C and net zero commitments by 2050 or sooner, making progress on target setting and implementation.
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Investor Disclosure
Science-based GHG Targets
Emissions Disclosure
Corporate Engagement
GHG Reduction Strategies
Company Network Direct Engagement
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Investment
Governance
Companies seek to work with Ceres directly on transition plan creation.
Governance
Public Policy Advocacy
Policy Advocacy
Just Transition
The general expectation is that investors will meet most or all of the requirements in a tier before they move to the next tier.
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2023 Leadership Circle Executive Summary | 22
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