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. 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