Founded in 2012 by Stan Dupre, the 2° Investing Initiative (2Dii) is composed of nonprofit organisations producing policy and technical research on sustainable finance under the trademark "2° Investing Initiative". Each chapter is managed by a separate nonprofit with its own governance.
The research aims at making financial regulatory frameworks consistant with climate policy goals. It focuses on the development of metrics, open-source fintech tools and policy recommendations to foster the integration of climate goals into investment and financing decisions in the finance sector.
With about 40M€ of public and philanthropic grants raised since its inception, the initiative has become the largest research center on climate-related financial metrics globally. It has partnered with the leading financial institutions globally, as well as public and supervisory authorities in the UK, France, Switzerland, California, Japan, EU level and beyond.
Stan Dupre coined the concept of 'aligning investment and lending strategies with climate goals' in 2010. 2Dii has contributed to turn it into an assessment methodology, a tool and a regulatory framework (French Article 173) in 2015. The approach has then be adopted by dozens of financial institutions and governments.
2Dii first presented a blue print to make EU financial regulations consistent with climate policy goals in 2010. The concept has then been socialized by 2Dii and the UNEP Inquiry and the EU HLEG. It is now implemented by dozens of public authorities and central banks, in Europe and beyond.
2Dii coined the idea of mandatory disclosure on climate alignment and risk in the finance sector. 2Dii then provided critical contributions to the introduction of the first regulations and public programs in France, UK, Switzerland, California, and Europe.
PACTA is the leading climate scenario analysis tool in the finance sector. The related software and methodology are open-source and developed collectively.
Asset Resolution's data powers PACTA. The entity is owned by 2° Investing Initiative France and governed by a board composed of NGOs.
My Fair Money is a digital platform delivering advice on sustainable finance to German consumers. It is operated by '2° Investing Initiative' Germany.
Finance ClimAct is a 40M€ multi-stakeholder program led by the French environmental agency ADEME that aims at implementing sustainable finance in France.
2° Investing Initiative France has co-designed it and led the fundraising efforts.
With its first paper 'Connecting the dots' published in 2012, 2Dii has been the first organisation to publish a blueprint for making EU financial regulation consistent with climate and sustainability policy goals. A few months later, the think tank and its partners have been commissioned by the EC to provide a more detailed set of recommendations.
Funded by EU grants, 2Dii developed methodological and policy research on climate-related disclosure for financial institutions, climate stress-testing, the shortcomings of the MIFID reform, the climate misalignment of benchmarks, the mismatch of time horizons, etc. From 2013 to 2017, 2Dii became the main research center on the topic.
In 2018, 2Dii's founder and CEO became one of the 20 members of the HLEG on sustainable finance. He has notably drafted the recommendations of the reform of MIFID/IDD, disclosure requirements, the EU Ecolabel on financial products and the reform of the Supervisors duties. The HLEG report has then been turned into an EC action plan, and eventually a regulatory package.
Five-year 38M€ project: the public authorities and key stakeholders implement the EU sustainable finance action plan in France. Projet design, recruitment of the consortium and 10M€ EU grant (Life IP) raised in 2019.
The three year project 'Level the playing field for Energy Efficiency Investment products'' aims at developing a EU legal framework and upgrade supervisory practices on green marketing and distribution of retail investment products. EU grant (H2020) raised in 2019.
The three year research project 'Sustainable Energy Investment Metrics' developed climate scenario analysis for portfolios and led to PACTA. EU grant (H2020) raised in 2014.
The three year project aims at creating an international methodological framework for climate actions and target setting in the finance sector. EU grant (H2020) raised in 2018.
Three year research project to document short-termism across the finance sector. Grants from the Generation Foundation and the EIB, raised in 2015-16.
The trademark 2° Investing Initiative has been registered by Stan Dupre and the related activities incubated as a program by 2° Investing Ventures (legal name: Beyond Financials SA).
In 2012, the first entity (nonprofit, non-commercial) operating under the trademark 2° Investing Initiative has been incorporated in France. It is a member-based organisation governed by an elected board of directors.
Affiliated non-for-profit entities have been incorporated in the US (NY) and Germany, each governed by a board of directors. They have offices in London and Brussels, a staff of about 40 people and a global annual budget of +6M€. The network was coordinated by the founder and CEO until 2020.
The affiliation agreement has been formally terminated, although the activities of some entities are still coordinated. A forth legal entity (non-for-profit, non commercial), "2° Investing Initiative for Citizens" governed by its own boards and independent from the others has been incorporated in 2020 to manage the "2° Investing Initiative" trademark.
This page presents the activities developed under the trademark
'2° Investing Initiative' by the above-mentioned entities