Initiative: Climate Action 100+ Climate Action 100+ is an investor-led initiative to ensure the world’s largest corporate greenhouse gas emitters take necessary action on climate change. Climate Action 100+ Produces Net Zero Standard for Diversified Mining: Consultation Draft 18 May 2023 Climate Action 100+, the world's largest investor engagement initiative on climate change, has produced a consultation draft of the Net Zero Standard for Diversified Mining. AustraliaClimate Action 100+Corporate EngagementCorporate Engagement Working GroupInvestor Group on Climate ChangeMining Climate Action 100+ releases the latest evolution of the Net Zero Company Benchmark 30 March 2023 In consultation with investor signatories, the initiative releases today an updated Benchmark (Benchmark 2.0) to ensure that it continues to effectively support investor engagements with focus companies during this critical decade. The enhancements made intend to embed a stronger focus on emissions reductions, alignment with 1.5°C pathways and the robustness of transition plans. The Benchmark will remain one of the key pillars of the initiative as it embarks upon Phase 2. Climate Action 100+Corporate EngagementCorporate Engagement Working GroupDecarbonising the EconomyGovernance & Disclosure Five Years of Climate Action 100+ Progress and Next Phase 1 February 2023 The initiative has played a significant role in moving heavy emitting focus companies towards net zero, but this must accelerate. Climate Action 100+Corporate EngagementCorporate Engagement Working GroupEnergyInvestor Group on Climate ChangeMining Our Work and Impact from 2022 21 December 2022 This year, there was a massive shift in the context for our work. In December 2021 the pent-up need for climate progress was building. As of December 2022, that demand has unequivocally translated into a new and higher baseline for action and continues to gather momentum. Agriculture & AquacultureAustraliaBuildings & InfrasctructureCircular EconomyClimate Action 100+Climate Solutions & TechCorporate EngagementCorporate Engagement Working GroupDecarbonising the EconomyEnergyGovernance & DisclosureInvestor Agenda and ICAPsInvestor PracticeInvestor Practice Working GroupJust TransitionManufacturingMiningNature, Biodiversity & DeforestationNet Zero Asset Managers Initiative (NZAM)Net Zero Investment FrameworkNew ZealandParis-Aligned Asset Owners Initiative (PAAO)Physical Impacts & ResiliencePhysical Risk & Resilience Working GroupPolicy & AdvocacyPolicy & Advocacy Working GroupTransport Unlocking Investment In The Australian Hydrogen Industry This post is members-only. Please sign in to view details. Sign in Changing Pathways for Australian Gas Report | Kate Simmonds and Kate Donnelly | April 2022 This report highlights that under 1.5°C Paris-aligned scenarios new gas projects may be economically challenged, and investors may be cautious of capex in the sector. The report represents input from some of Australia’s largest superannuation funds and retail fund managers, who invest on behalf of more than 7.5 million Australians.Download AustraliaClimate Action 100+Corporate EngagementCorporate Engagement Working GroupEnergy Corporate Climate Transition Plans: A Guide to Investor Expectations Report | Investor Group on Climate Change | March 2022 This report aims to help companies preparing climate transition plans and investors engaging with these improved plans. By summarising existing guidance it provides a clear set of investor expectations for Australian businesses’ climate plans. It lays out five important principles for adequate climate transition plans: Set comprehensive science-based quantitative targets across all material emission scopes (which includes emissions in the supply chain and from customers’ use) Outline a strategy to deliver targets, identify enablers and disclose quantifiable impacts Set sector-specific commitments and actions aligned with 1.5°C decarbonisation pathways Ensure investment commitments (capital expenditure) is aligned to the targets Commit to annual transparent disclosure and monitoring with external verification The report is a useful resource for business stakeholders, including investors, for assessing companies’ climate plans during proxy season.Download Climate Action 100+Corporate EngagementCorporate Engagement Working GroupGovernance & Disclosure A Changing Climate: What Investors Expect of Company Directors on Climate Risk Report | Investor Group on Climate Change | November 2021 The report provides guidance on what outcomes investors want to see directors and boards deliver as companies set out their net zero ambitions and approaches. It finds Australian company directors lack the skills and experience to lead the corporate transition to net zero emissions by 2050 and it is unclear how they are addressing this gap.Download AustraliaClimate Action 100+Corporate EngagementCorporate Engagement Working GroupGovernance & Disclosure