Climate Finance Policy Engagement Analysis
Climate Lobbying Overview: The Alternative Investment Management Association (AIMA) does not appear to have supported climate-related financial regulation.
Top-line Messaging on Climate-Related Finance Policy: AIMA does not appear to have any recent top-line messaging on climate change or climate-related financial regulation.
Position on Regulated Corporate Climate Disclosure: In feedback to the US SEC in June 2022, AIMA supported the proposed climate disclosure rule with some minor objections.
Position on ESG Labels, Standards and Benchmarks: In a response to the UK Financial Conduct Authority (FCA) in January 2022, AIMA stated support for the UK’s Sustainability Disclosure Requirements (SDR) with a number of exceptions, including advocating against minimum allocation requirements for “transitioning” funds. In a March 2023 Bloomberg article, an AIMA representative opposed ESMA’s proposed guidelines for funds with names that use ‘ESG’ or ‘sustainability’ related terms. In December 2023 feedback to the European Commission, AIMA further stated that it “does not believe that strict regulation around fund names would be desirable”.
Position on Integrating Climate Factors into Investor Duties: In comments to the US SEC in 2022, AIMA did not appear to support] the proposed rule to enhance ESG disclosures by investors. In 2023, AIMA supported the general aims of the EU’s Sustainable Finance Disclosure Regulation in feedback to the European Commission but advocated for increased flexibility in the definition of sustainable investments and for reduced disclosures.