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.
The winners were announced at the 2022 Climate Finance Awards 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 winners are:
Outstanding Initiative by an Asset Manager
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.
Outstanding Initiative by an Asset Owner
- Cbus Super Fund
For their innovative scenario development and modelling supporting their commitment to reduce portfolio emissions by 45% by 2030 and net zero by 2050.
- Andrew Gray, Head of ESG & Stewardship, AustralianSuper
Recognised 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.
Innovation of the Year
- BNP Paribas’s Project Green Kangaroo
For implementing 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.
Shortlist Award Winners announced
Independent Judging Panel
Don Henry AM
Chair of Independent Judging Panel, Professor Don Henry AM is based at The University of Melbourne as the ‘Melbourne Enterprise Professor of Environmentalism’ for the Sustainable Society Institute and the Melbourne Business School.
Don’s role is to stimulate and enhance public debate and policy by working with researchers, government, civil society, global institutions, and business. He provides leadership in the fields of environmental policy development and reform, climate change, and sustainability. Don is an International Board Member of The Climate Reality Project chaired by the Hon. Al Gore, former Vice President of the United States.
In 2018 Don was awarded an Order of Australia (AM) for his work in protecting Australia’s native wildlife and environment.
His current engagement program is to support implementation of the Paris Agreement on climate change, negotiated by the global community in December 2015. This work aims to encourage greater ambition in its implementation and to build support for strengthened national commitments. Don and his team are highlighting the role of key strategic countries in the implementation of the Agreement, such as India, the Philippines, Indonesia, China, Australia, South Africa and Brazil.
Don is also leading work examining and encouraging Indigenous and conservation outcomes in Northern Australia and collaborative processes for forest protection and sustainable use in Victoria and Tasmania.
Previously Don has been CEO of the Australian Conservation Foundation and WWF Australia, a Director of WWF US and the Wildlife Preservation Society of Queensland.
Rob is the former Chief Investment Officer of HESTA, where he led the investment team for 13 years, before transitioning to lead the investment execution team for the 2 years prior to his retirement. At HESTA, Rob built a globally acknowledged responsible investment capability, which included development of one of Australian superannuation’s first stand-alone Climate Change policies. Rob was a member of the IGCC management committee from 2006 until July 2019.
In 2017, Elaine retired from Citi Research Sydney where she was a Managing Director covering ESG and Sustainability research for Citi’s fund manager and superannuation fund clients. An award-winning “ESG pioneer”, she researched sustainability issues on ASX listed companies to help clients assess valuation impacts or risks, or to engage with companies to encourage risk mitigation or broader positive change. With Elaine at the helm, Citi was awarded “Best Broking Firm” title by ESG Research Australia every year for eight years between 2009 and 2016.
Elaine’s first report at Citi was entitled “Climate Change and the ASX100 – Risks and Opportunities”, published in late 2006. This report put climate change on the radar of major investment teams in Australia for the first time. For much of her time at Citi she sat on the Management Committee of IGCC, and continued to advise clients on the implications of climate change for their investments.
Elaine held roles in investment research and funds management for almost 20 years prior to joining Citi in 2006, primarily focused on the resources sector, and was the top-rated BHP analyst in the Australian market for several years.
Elaine has degrees in Chemistry, Petroleum Engineering and Antarctic Studies and, before working in the markets, she was an oil industry engineer in the UK North Sea and Australia, and worked on environmental projects for Antarctic and Arctic tourism.
She now sits as an independent member on the Compliance Committee for Alphinity’s Sustainable Share Funds, and also provides some input to the CA100+ initiative.
Talieh is an experienced sustainable finance executive, having led the investment stewardship and ESG efforts at both VFMC and UniSuper. This included a strong focus on all aspects of climate risk management (spanning policy and strategy development, active ownership and collaboration, investment due diligence, portfolio-wide climate risk assessment, implementation of fossil fuel exclusions, product development and preparation of TCFD reporting).
Talieh has also previously been a member of the IGCC Management Committee (as well as the Boards of ACSI and RIAA). Talieh is taking a break from full time work to focus on her young family and is currently doing independent advisory work.
Talieh sits on the Climate Bonds Standards Board and the Board of the Victorian Shrine of Remembrance. Prior to working in investment management, Talieh has worked as a lawyer, in the oil industry and in ESG consulting. Talieh holds a Master of Social Science (International Development), a Bachelor of Laws (Honours) and a Bachelor of Planning and Design (Urban Planning).