The Institutional Investors Group on Climate Change (IIGCC) has called for the introduction of a single EU-wide stewardship code to replace the current mix of national frameworks. The proposal aims to create a consistent set of principles for investor engagement, governance, and accountability across the bloc, reducing duplication and regulatory fragmentation.
IIGCC argues that a unified code would strengthen cross-border stewardship efforts, improve transparency, and make it easier for institutional investors to coordinate on issues such as climate risk and corporate governance. The group represents more than 400 members with over €65 trillion in AUM, underscoring the scale of market influence behind the call.
