Overview

IGCC Climate Awards

The IGCC Climate Awards, launched for the first time in 2019, celebrates the work of Australian and New Zealand asset owners, fund managers, investors and individuals playing a key role in efforts to tackle global climate change and investing in a net zero future.

The IGCC recognises organisations play a key role in the global efforts to tackle climate change. Against a backdrop of heightened urgency, a changed policy landscape and more action on climate, there are a number of investors now implementing transformational solutions to facilitate the transition to net zero emissions.

If you have an initiative, program or product driving climate outcomes or know someone who has delivered transformative change across the sector on climate, we encourage you to take the time to complete an entry for the IGCC 2022 Climate Awards.

Entries close Friday 1 October at 9pm (AEDT).

Winners will be announced at the Climate Awards Ceremony to be held The IGCC 2022 Summit on Monday 28 February 2022. The Summit and Awards Ceremony will run as a hybrid event, with options for both online and in-person attendance (subject to restrictions).

Award Categories

There are four award categories in the IGCC Climate Awards. Expand each category below for the eligibility criteria, judging criteria and category questions.

Outstanding Individual

Awarded to an individual who has demonstrated outstanding climate and investor leadership at an organisational or sector-wide level.

Eligibility criteria
  • Demonstrated outstanding leadership qualities in driving an organisational or investment-industry sector response to climate change.
  • Overseen, implemented or supported investment initiatives, products or portfolio solutions which significantly advance investor understanding or action on climate change.
  • Effectively communicated across the industry to promote the wide adoption of leading investment industry responses to climate related issues and impacts.
Judging Criteria:
  • Climate change impact: demonstrated individual leadership to significantly and materially achieve climate change related outcomes, whether transition or physical risk related.
  • Industry impact: demonstrated leadership in developing investment initiatives or organisational responses on climate change which inform, shape or significantly advanced investor practice.
  • Influence and outreach: demonstrated role in going above and beyond to influence investor practice on climate change, support the development of other individuals across the industry and contribute to industry-wide initiatives to drive investor practice on climate change.
  • The X factor: assessment of whether the individual has delivered industry-wide impacts which are transformative in tackling climate change.
Category Questions:
  1. Please provide a short description of the individual being nominated (max 150 words).
  2. Describe one or two major initiatives or programs that the nominated individual has undertaken which demonstrated outstanding leadership qualities (max 400 words).
  3. Describe the impact or outcome that the nominated individual has achieved on climate change related matters (max 250 words).
  4. What’s the point of difference between this person and other individuals operating in the sector (max 150 words)?

Outstanding Initiative by an Asset Owner

Awarded to an asset owner which has implemented an initiative, investment strategy, product, portfolio solution or transaction which constitutes a sector-leading approach to climate change.

Eligibility criteria
  • An initiative, investment strategy, product, portfolio solution or transaction which significantly advances investor understanding or action on climate change.
  • An initiative developed, undertaken or released in the period from 1 July 2019 to 30 June 2022.
  • An initiative predominantly developed by the regional division, released or undertaken in Australia or New Zealand or targeted at Australian and New Zealand investors.
Judging Criteria:
  • Climate change impact: ability to significantly and materially achieve climate change related impacts, whether transition or physical risk related.
  • Industry impact: ability to inform, shape or push forward investor practice for asset owners.
  • Quality and performance: initial assessment of the quality of design or implementation of the initiative being nominated, potential effectiveness or outcomes/impacts achieved to date.
  • The X factor: assessment of whether the initiative has current or potential future industry significance or has the potential to be transformative in tackling climate change.
Category Questions:
  1. Please provide a short, factual description of the initiative being nominated (max 150 words).
  2. Describe the climate change outcome or impact that the nominated initiative is aiming to achieve (max 150 words).
  3. Outline why the nominated initiative has the potential to inform, shape or drive asset owner practice on climate change in Australia and New Zealand (max 400 words).
  4. What outcomes or impacts have been achieved by the nominated initiative? (Where possible, please provide specific details such as dollars invested or allocated, % of portfolio covered, or public outcome achieved for example). Max 250 words.
  5. What’s the point of difference between this initiative and others in the sector (max 150 words)?

Outstanding initiative by an Asset Manager

Awarded to an asset manager which has implemented an initiative, investment strategy, product, portfolio solution or transaction which constitutes a sector-leading approach to climate change.

Eligibility criteria
  • An initiative, investment strategy, product, portfolio solution or transaction which significantly advances investor understanding or action on climate change.
  • An initiative developed, undertaken or released in the period from 1 July 2019 to 30 June 2022).
  • An initiative predominantly developed by the regional division, released or undertaken in Australia or New Zealand or targeted at Australian and New Zealand investors.
Judging Criteria:
  • Climate change impact: ability to significantly and materially achieve climate change related impacts, whether transition or physical risk related.
  • Industry impact: ability to inform, shape or push forward investor practice for asset managers.
  • Quality and performance: initial assessment of the quality of design or implementation of the initiative being nominated, potential effectiveness or outcomes/impacts achieved to date.
  • The X factor: assessment of whether the initiative has current or potential future industry significance or has the potential to be transformative in tackling climate change.
Category Questions:
  1. Please provide a short, factual description of the initiative being nominated (max 150 words).
  2. Describe the climate change outcome or impact that the nominated initiative is aiming to achieve (max 150 words).
  3. Outline why the nominated initiative has the potential to inform, shape or drive asset manager practice on climate change in Australia and New Zealand (max 400 words).
  4. What outcomes or impacts have been achieved by the nominated initiative? (Where possible, please provide specific details such as dollars invested or allocated, % of portfolio covered, or public outcome achieved for example). Max 250 words.
  5. What’s the point of difference between this initiative and others in the sector (max 150 words)?

Innovation of the year

Awarded to an individual, asset owner, asset manager or investment service provider who has demonstrated outstanding leadership at an organisational or sector-wide level to drive transformational change or advance investor practice towards alignment with the goal of limiting global warming to 1.5°C and moving to a net zero emissions economy.

Eligibility criteria
  • An individual, asset owner, asset manager, or investment service provider who has demonstrated exceptional leadership or influencing skills to substantively change industry practice on climate change.
  • An initiative predominantly developed by the regional division, released or undertaken in Australia or New Zealand or targeted at Australian and New Zealand investors.
  • An initiative developed, undertaken, released or reaching a pivotal point of impact in the period from 1 July 2019 to 30 June 2022).
Judging Criteria:
  • Climate change impact: demonstrating outstanding and material climate change related impacts, whether transition or physical risk related.
  • Industry impact: ability to transform, substantively reshape or drive a step change in investor practice.
  • Ambition: Alignment with the goals of the Paris Agreement to limit global warming to 1.5°C and moving to a net zero emissions economy
  • The X factor: how exceptional is the nomination?
Category Questions:
  1. Please provide a short, factual description of the individual or initiative being nominated (max 150 words).
  2. Describe the climate change outcome or impact that the nominated individual or initiative is aiming to achieve (max 150 words).
  3. Outline why the nominated individual or initiative has the potential to transform or drive a step change in investor practice on climate change in Australia and New Zealand (max 400 words).
  4. What outcomes or impacts have been achieved by the nominated individual or initiative in aiming to keep global warming to 1.5C? (Where possible, please provide specific details such as evidence of leadership impact, dollars invested or allocated, % of portfolio covered, or public outcome achieved for example). Max 250 words.
  5. Provide a short explanation as to why you believe this nomination is exceptional (max 150 words)?

How to Enter

Choosing a category

Refer to the eligibility criteria outlined in the Award Categories section for the individual, asset owner or asset manager award type. If you are not sure if you fit into one of those categories, consider applying under the Innovation of the Year category.

Preparing your responses

Be concise and support your claims by providing evidence to support or demonstrate your statements where possible.

What the judges are looking for

The judges are looking for examples of investor practice with the capacity to reshape Australian and New Zealand investor practice, to deliver a step change in investor management of climate change risks and opportunities. Evidence of action, impact and outcome is desirable.

Submit your entry

Create your entry at www.judgify.me/igcc-2021

You will be asked to create an account and provide the name and contact details of the person creating the entry, as well as details of the nominee (individual and organisation) in addition to the award category questions.

Entries must be completed by Friday 1 October 2021 at 9:00pm (AEDT).

The Judging Process

Judging for the IGCC 2022 Climate Awards will be overseen by an independent panel, selected for their knowledge, expertise, objectivity and integrity.

Members of the Independent Judging Panel include:

  • Don Henry (Chair)
  • Rob Fowler
  • Elaine Prior
  • Talieh Williams

Judges will score each entry individually against the evaluation criteria and awards will be allocated by final consensus of the panel. The IGCC Secretariat may contact applicants to verify information provided or should any questions arise. The Judging Panel reserves the right not to award a winner in a particular category, if it is felt that no application meets the criteria or demonstrates sufficiently outstanding qualities.

The judges decision is final, and neither IGCC nor the judging panel will enter into any correspondence regarding individual entries or award winners.

Winners will be announced during the Climate Awards Ceremony at the IGCC 2022 Summit on Monday 28 February 2022 and promoted through IGCC communication channels. This year the IGCC Summit and Climate Awards Ceremony will run as a hybrid event, with options for both online and in-person attendance (subject to restrictions).

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 Fowler

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.

Elaine Prior

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 Williams

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).

Climate Awards Key Dates

Climate Awards – Entries Open  Thursday 28 July 2021
Climate Awards – Entries Close        Friday 1 October 2021
(9pm AEDT)
Winners announced
IGCC 2022 Summit, Hilton Hotel Sydney
(Summit tickets required to attend with virtual
ticket options available for the Climate Awards
Ceremony)
 Monday 28 February 2022
(4:30-5:00pm)

Terms and Conditions

By entering the IGCC 2022 Climate Awards, you agree to the following Terms and Conditions:

  1. Entries for the Investment Group on Climate Change (IGCC) 2022 Climate Awards close on Friday 1 October at 9pm (AEDT). Entries may only be made via the online entry form at https://www.judgify.me/igcc-2021
  2. Entries must refer to projects, initiatives or achievements between July 2019 and June 2022.
  3. Entrants may be self-nominated or nominated by others.
  4. Where the entrant is a self-nominating organisation, the person completing the entry must be an authorised representative of the organisation.
  5. Where the entrant is nominating a separate organisation, IGCC will revert to confirm that the entrant has sought permission from the nominated organisation.
  6. Entries will be judged by an independent judging panel
  7. Entries will be judged in relation to the criteria for the award category of the entry. Judges reserve the right to exclude entries that do not meet the specified criteria.
  8. All information submitted must be true, complete and correct
  9. Entrants may be contacted by IGCC to verify details of their entry.
  10. The decisions made by the independent judging panel is final.
  11. Winners will be announced at the IGCC Climate Awards Ceremony at the IGCC 2022 Summit in Sydney on 28 February 2022.
  12. The Terms and Condition found here may be updated by IGCC.

Previous Winners

Congratulations to the winners and finalists of the IGCC 2019 Climate Awards.

Outstanding Individual

Winner:

Sam Mostyn

Finalists:

  • Brynn O’Brien
  • Phil Vernon

Outstanding Initiative by an Asset Owner

Winner:

Cbus Super – Climate road map and net zero carbon by 2030 for property and infrastructure

Finalists:

  • First State Super – Physical Climate Change Portfolio Risk Assessment
  • VicSuper – VicSuper Portfolio Carbon Intensity Reduction Initiative

Outstanding Initiative by an Asset Manager

Winner:

IFM Investors – IFM Investors Australian Infrastructure Carbon Reduction Initiative

Finalists:

  • QIC – Retail property sector green bond
  • Impact Investment Group – Solar Asset Fund in partnership with Future Super’s Future Renewables Fund

Innovation of the Year

Winner:

International Finance Corporation (IFC) and the World Bank (WB) – Supporting the Republic of Fiji’s issuance of the world’s first emerging economy sovereign green bond.

The winners were announced at the IGCC 2019 Summit on Monday 14 October at 4:30pm in Sydney.