Overview

Investors are a key part of global efforts to tackle climate change. While momentum across the industry is growing, there are a few select organisations now implementing transformational solutions to facilitate the transition to net zero emissions or manage physical risks and resilience.

We also know that there are a number of outstanding individuals working tirelessly to drive real change, either within their organisation or across the sector.

The IGCC Climate Awards, launched for the first time in 2019, seeks to spotlight the work of Australian and New Zealand asset owners, fund managers, investors and individuals delivering outstanding outcomes on climate change.

Winners Announced

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

Read the media release.


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.

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 2018 to 30 June 2019).
  • 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 2018 to 30 June 2019).
  • 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 2018 to 30 June 2019).
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

The categories for individual, asset owner or asset manager are straightforward eligibility criteria. 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, provide evidence to support or demonstrate your statements where possible, support your claims.

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 or click the button below. In addition to the award category questions, 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).

Entries must be completed by Friday 23 August 2019 at 9:00pm (AEST).

By submitting an entry, you agree to the Terms and Conditions of entry.

Entries now closed

The Judging Process

Judging for the IGCC 2019 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
  • Joanne Saleeba
  • Ian Woods

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 at the 2019 IGCC Climate and Investment Summit in Sydney on Monday 14 October 2019 and promoted through IGCC communication channels.

Independent Judging Panel

Joanne Saleeba

Ian Woods

IGCC 2019 Climate Awards – Entries Open Monday 22 July 2019
IGCC 2019 Climate Awards – Entries Close Friday 23 August 2019
(9pm AEST)
Winners announced
IGCC 2019 Summit, Dockside, Sydney
(Summit tickets required to attend)
Monday 14 October 2019
(4:30-5:00pm)

Terms and Conditions

By entering the IGCC 2019 Climate Awards, you agree to the following Terms and Conditions:

  1. Entries for the Investment Group on Climate Change (IGCC) 2019 Climate Awards 2019 close on Friday 23 August at 9pm (AEST). Entries may only be made via the online entry form at https://www.judgify.me/igcc
  2. Entries must refer to projects, initiatives or achievements between July 2018 and June 2019.
  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 Presentation at the IGCC Summit in Sydney on 14 October 2019.
  12. The Terms and Condition may be updated by IGCC. Details will be published on the Climate Awards page of the IGCC website at https://igcc.org.au/awards/tcs