The International Corporate Governance Network (ICGN) was established in 1995 and consists of governance professionals and institutional investors based in 43 countries. The network is collectively responsible for assets under management in excess of US$ 34 trillion. ICGN’s mission is to promote effective standards of corporate governance and investor stewardship to advance efficient markets and sustainable economies worldwide. ICGN is a global authority on high standards of corporate governance and investor stewardship.
An international network such as ICGN cannot avoid events that cause considerable international travel activities of its members. Therefore, in addition to continuous efforts to reduce CO2 emissions, ICGN wants to compensate for the climate impact of their events. The total CO2 emissions of the international ICGN conferences (arrival and departure of participants, catering, energy consumption and accommodation) are thus offset.
The international ICGN conferences are conducted CO2 neutrally. ICGN supports climate protection projects that reduce the same amount of CO2 from the atmosphere as caused by the conference. As a result, the global climate footprint, which is crucial for climate change, remains balanced.
Conference participants can decide on which climate protection project ICGN should support. Participants of the Tokyo 2019 conference decided to support the project “small run-off river hydro power, Laos”. The project taps into Laos’ high hydropower potential. It supplies rural communities with a reliable and green source of energy. The project saves more than 45 000 t of CO2 every year.