The Transition Pathway Initiative (TPI) is a global initiative led by asset owners and supported by asset managers. It was launched in 2017 with the aim of helping investors assess corporate preparedness for the transition to a low-carbon economy and supporting efforts to address climate change.
The Transition Pathway Initiative (TPI) was created in 2017 by a group of asset owners and other investors who wanted to understand how companies were managing the transition to a low-carbon economy.
The premise behind TPI is to provide academically robust and independent assessments of how companies are transitioning in line with the Paris Agreement. Our assessments are based on public disclosures and detailed and transparent methodologies. The outputs of TPI assessments are open access.
TPI has expanded to cover banks and issuers of sovereign debt in addition to companies, its original focus. It is now a global initiative with over 150 investor supporters and more than US$80 trillion in assets under management and advisement[1]. In response to our continued growth, TPI Limited was established in 2021, and in 2022 we were delighted to support the launch of the TPI Centre as TPI’s independent academic partner at LSE.
Video: Introduction to the Transition Pathway Initiative
TPI Ltd is the owner of the TPI Brand, and provides the voice of investors, supports the TPI Centre and helps ensure their research meets investor needs. TPI Ltd also works to secure funding for the TPI Centre and increase the profile of TPI’s work, both in the investor community and the wider financial ecosystem. TPI Ltd works closely with the TPI Centre but has its own governance structure. It is funded by a group of asset owners and our Research Funding Partners (investment managers). These resources are used to fund the activities of TPI Ltd and support the research of the TPI Centre.
See our case studies to find out more about how investors are using TPI data.
Video: Paving the Way to a Greener Future Sustainable Investing
Climate change is having an increasing impact on the environment, society and global capital markets, presenting complex risks to investors and their assets: these range from physical impacts to regulation; litigation to transition risk. There is growing recognition among asset owners and managers of the need to consider the implications of the transition in their investment processes.
Since the Paris Agreement was signed in 2015, investors have been making commitments and/or setting targets to support the transition. Meeting the Paris Agreement climate goals requires systemic changes in the global economy. Investors have a critical role to play in this transition and TPI, through its dedicated academic partner the TPI Centre at LSE, provides tools and data to aid them in supporting global markets to transition to net zero.
With over 150 supporters TPI’s global investor network continues to grow. We ask supporters to pledge to use TPI data and help spread awareness of TPI’s work. By becoming a supporter you can signal to your clients and the wider market your commitment to the low-carbon transition. Supporters can provide feedback on the work of TPI, are invited to provide case studies showcasing how they are using TPI’s data and receive priority access to TPI events. A full, up-to-date list of supporters and a visual resource with their logos can be found below. To discuss becoming a supporter please contact the TPI Secretariat.
Our Research Funding Partners (RFPs) provide financial and investor expertise to TPI, helping to ensure we can continue to deliver market-relevant analysis. These partners provide input into TPI’s work and serve as important ambassadors for TPI. We are grateful to them for their commitment to our work. To discuss becoming an RFP, please contact the TPI Secretariat.
TPI Ltd's governance consists of the Board, Research Funding Partners Council, the Strategic Advisory Committee and the ASCOR Investor Advisory Committee. To request more information on TPI Ltd's governance, including the relevant Articles of Association and Committee Terms of Reference, please contact the TPI Secretariat.
TPI is not prescriptive about how its data can be used and does not impose any obligations on supporting organisations. Investors can, and do, use TPI data in different ways to make their own decisions as outlined below.
For in-depth examples of how investors and other organisations use TPI data to enhance their investment decision-making and encourage change corporate behaviour, please browse our series of case studies below and read our endorsements. Although TPI was developed primarily with investors in mind, our data are also available to and used by companies and wider civil society.
Video: Using TPI data in index design and passive investing
Video: How investors are using TPI data in their investment process
[1] This figure is subject to market-price and foreign-exchange fluctuations and, as the sum of self-reported data by TPI supporters, may double-count some assets.