INCR is coordinated by Ceres, a coalition of investors and environmental groups working to advance sustainable prosperity.
Members include asset managers, state and city treasurers and comptrollers, public and labor pension funds, foundations, and other institutional investors.
Climate change is increasingly being seen as a strategic issue, and leading companies are taking action now to mitigate the risks and take advantage of the opportunities arising from climate change as a way to prepare for the emerging low-carbon global economy.
With the financial and competitive risks that climate change brings, forward-looking companies are finding the potential for enormous business opportunities as well.
Companies are seizing on opportunities for creating new low-carbon energy-efficient products — GE's "ecomagination" program, for example, is expected to have sales of $20 billion by 2010.