Funder Commitment on Climate Change

The Funder Commitment on Climate Change (FCCC) was launched in 2019 by the Association of Charitable Foundations. It is a holistic, high-level framework supporting funders to play their part in tackling the causes and impacts of climate change.

The commitment asks funders to commit to take action under 6 pillars, of which 5 (i.e., with the exception of stewarding our investments) are relevant to the Fund:

1. Educate and learn: We will make opportunities for our trustees, staff and stakeholders to learn more about the key causes and solutions of climate change.
2. Commit resources: We will commit resources to accelerate work that addresses the causes and impacts of climate change. (If our governing document or other factors make it difficult to directly fund such work, we will find other ways to contribute, or consider how such barriers might be overcome).
3. Integrate: Within all our existing programmes, priorities and processes, we will seek opportunities to contribute to a fair and lasting transition to a post carbon society, and to support adaptation to climate change impacts.
4. Steward our investments for a post carbon future: We will recognise climate change as a high-level risk to our investments, and therefore to our mission. We will proactively address the risks and opportunities of a transition to a post carbon economy in our investment strategy and its implementation, recognising that our decisions can contribute to this transition being achieved.
5. Decarbonise our operations: We will take ambitious action to minimise the carbon footprint of our own operations.
6. Report on progress: We will report annually on our progress against the five goals listed above. We will continue to develop our practice, to learn from others, and to share our learning.

Stewarding our investments

In the context of the commitment the term investments refers to endowments/investments held by charitable trusts (rather than grants/awards they make).