This year’s nominees for the IGCC Climate Awards all display leadership and commitment to bring the tools of finance and investment to drive meaningful climate action, the Investor Group on Climate Change said today.

The winners of the 2022 Climate Finance Awards will be announced on 16 June at the Investor Group on Climate Change’s 2022 Summit.

The CEO of IGCC, Rebecca Mikula-Wright said, “This shortlist shows how climate leaders are focussed on building strong foundations for a net-zero transition.

“What we’re seeing now is a very sophisticated understanding of how climate is a systemic challenge, and it requires systemic solutions as well as strong direct action.

“From carbon-neutral property investment options, to powerful data analytics, to climate finance education, every one of these shortlisted nominees are incredibly innovative.”

The nominees are:

Outstanding Initiative by an Asset Manager

  • Aware Super​
    Nominated for their outstanding Climate Change Portfolio Transition Plan, applied to Aware’s entire $150bn portfolio, which is driving better outcomes for members by delivering long-term returns, and a positive impact on the community.
  • AllianceBernstein​
    Nominated for their Climate Change and Investment Academy, developed in partnership with Columbia University’s Earth Institute and leading climate scientists at the Lamont-Doherty Earth Observatory.
  • Lendlease​
    Nominated for the Lendlease Office Funds Portfolio reaching carbon neutrality five years ahead of target. The carbon neutral status applies to more than $11.1 billion in office assets and 566,000 sqm of floor space managed by Lendlease.
  • Pro-invest Group
    Nominated for their Net Zero 2030 Hotel Portfolio, a highlight of which is Australia’s first Carbon Neutral certified hotel, and a target of net zero emissions by 2030 for their portfolio’s 20+ hotels across Australia and New Zealand.

Outstanding Initiative by an Asset Owner ​

  • Cbus Super Fund
    Cbus is shortlisted for their innovative scenario development and modelling supporting their commitment to reduce portfolio emissions by 45% by 2030 and net zero by 2050.
  • QSuper
    QSuper is shortlisted for their industry-leading ORCA climate change tool, that provides exceptional transparency into the climate risks and opportunities in their portfolio.

Outstanding Individual

  • Andrew Gray, Head of ESG & Stewardship, AustralianSuper​
    Nominated for his widespread climate finance work, including being the key driver in AustralianSuper considering and integrating climate change within the investment portfolio, co-founding the global engagement project Climate Action 100+, and leading the CA100+ Australians Investors group.
  • Pablo Berrutti, Senior Investment Specialist, Stewart Investors​
    Nominated for his broad and generous career throughout the industry, including most recently, founding the Altiorem project; an online library and resource centre dedicated to facilitating, promoting, and influencing the sustainable and purposeful allocation of capital.
  • Sarah Barker, Partner, Head of Climate Risk Governance, MinterEllison
    Nominated as one of the world’s foremost experts on climate change risk assessment, strategy and liability, wielding significant influence over boardroom decision-making by both investors and investees.

Innovation of the Year

  • BNP Paribas​’s Project Green Kangaroo
    A green bond linked to proprietary Australian Climate Transition Index which identifies companies that will enable or support the transition to a net zero economy. The bond finances projects in Australia and globally, with a special focus on clean energy.
  • Climate-Kik’s Climate Measurement Standard Initiative​
    An exceptional, industry-leading approach to assessing and projecting the physical risk and costs to Australian infrastructure, residential and commercial buildings.
  • Mercer’s Analytics for Climate Transition (ACT)
    An integrated tool and service that provides a detailed, high-quality assessment of companies and portfolio’s net zero progress.

Limited tickets for the IGCC Summit and Awards Ceremony remain available, with discounts available for NGOs, Academics and IGCC Members.

 

—ENDS—

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For further enquiries contact:

Fergus Pitt – IGCC Director of Media and Communications

fergus.pitt@igcc.org.au  +61 476 101 542

About IGCC

The Investor Group on Climate Change (IGCC) is a collaboration of Australian and New Zealand investors focused on the impact that climate change has on the financial value of investments and the opportunities created by the transition to net zero emissions.

IGCC represents institutional investors with total funds under management of more than $33 trillion globally, and others in the investment community interested in the impact of climate change. IGCC members invest on behalf of more than 7.5 million people in Australia and New Zealand.