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  • Investor Group on Climate Change announces new Chair and Deputy Chair

    The Investor Group on Climate Change (IGCC) is pleased to announce the appointment of Stephen Dunne, Board Director and Chairman of the Investment Committee at Cbus Super Fund, as Chair of the IGCC Management Committee, and Helga Birgden, Global Business Leader, Responsible Investment at Mercer Investments, as Deputy Chair. The IGCC was established in 2005 and today has around 70

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    Investor Group on Climate Change
  • Investors call on world leaders to address climate change ‘ambition gap’

    Record breaking number of global investors call on governments to accelerate action on climate change KATOWICE, POLAND, 10 DECEMBER – Global investors today called on governments around the world to step up action to address climate change. 415 investors, with $32 trillion in assets-under-management, are behind the call-to-action as signatories of the 2018 Global Investor Statement to Governments on Climate Change1. The

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    Investor Group on Climate Change
  • Investors welcome the New Zealand Green Investment Finance fund

    Investors with more than $2 trillion in assets under management welcome today’s launch of the New Zealand Green Investment Finance fund by the Prime Minister Jacinda Ardern and Climate Change Minister James Shaw as a welcome step to achieve net zero emissions. “Unlocking investment requires robust, investment-grade policies to reduce emissions in line with the objectives of the Paris Agreement

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    Investor Group on Climate Change
  • Investors: risks and rewards in ALP energy policy

    The ALP’s energy policy announcements today present significant risks and rewards to achieving net zero emissions, say investors with more than $2 trillion in assets under management. “Unlocking investment in the electricity sector requires robust, investment-grade policies to reduce emissions in line with the objectives of the Paris Agreement,” Emma Herd, CEO of the Investor Group on Climate Change said.

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    Investor Group on Climate Change
  • Joint Statement: Addressing all parts of the energy trilemma is essential

    Ahead of the Council of Australian Governments Energy Council meeting this week, IGCC has joined a broad coalition of industry, environmental and civil society groups in calling for emissions reductions policy to be addressed as a key part of the “energy trilemma”. The statement notes that “investors will only view policy as durable if it effectively addresses all parts of

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    Investor Group on Climate Change
  • ASIC finds Australian companies not adequately disclosing climate change risks

    The Investor Group on Climate Change (IGCC) welcomes a new report released today by ASIC on the state of corporate reporting on climate change, and calls on Australian companies to lift their game to meet investor needs. Report 593 Climate risk disclosure by Australia’s listed companies (REP 593) sets out ASIC’s high-level findings and recommendations for listed companies following an

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    Investor Group on Climate Change
  • Nearly 400 investors with US$32 trillion in assets step up action on climate change

    Partner organisations launch first-of-its-kind global agenda, to demonstrate and accelerate investor-led action critical to achieving goals of the Paris Agreement SAN FRANCISCO, 12 SEPTEMBER 2018 / (13 SEPTEMBER 2018 AEST)– The Investor Agenda launched today in San Francisco will support investors in accelerating and scaling-up the actions that are critical to tackling climate change and achieving the goals of the Paris

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    Investor Group on Climate Change
  • Investor Survey: Strong demand for green investment, yet policy uncertainty remains key barrier

    Investor appetite for low carbon and green investment opportunities is strong but regulatory uncertainty threatens future growth, according to a new survey of institutional investors released today by the Investor Group on Climate Change (IGCC). Set out in a new report – Scaling Up – institutional investors have provided new insights into how they are approaching low carbon and green

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    Investor Group on Climate Change
  • Integration of energy and climate change policy critical for investment certainty

    Investors with more than $2 trillion in assets under management have expressed dismay at the sidelining of emissions reduction policy in Australia. “Today’s decision to shelve the implementation of emissions reduction targets under the National Energy Guarantee has serious repercussions for investment in the energy sector in Australia”, said Emma Herd, Chief Executive Officer of the Investor Group on Climate

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    Investor Group on Climate Change
  • Investors call for ambition shortfall to be addressed in the National Energy Guarantee

    Investors with over $2 trillion in assets under management are calling for outstanding flaws in the design of the National Energy Guarantee to be addressed in order to establish much needed investment certainty. Ahead of the meeting of the COAG Energy Council on 10 August, the Investor Group on Climate Change has outlined three key outstanding issues that should be

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    Investor Group on Climate Change
  • Joint Statement calls on the finance sector to support the development of Sustainable Finance Roadmaps for Australia and New Zealand

    IGCC has today joined with the Responsible Investment Association Australasia (RIAA), the Principles for Responsible Investment (PRI), the UN Environment’s Principles for Sustainable Insurance, and the UN Environment Programme Finance Initiative (UNEP FI) – collectively representing over 300 institutions with $10 trillion in assets – to sign a joint statement that commits to starting the development of Sustainable Finance Roadmaps

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    Investor Group on Climate Change
  • New Investor Toolkit Launched for Managing Climate Risk and Investing in Resilience

    The Investor Group on Climate Change (IGCC) is today launching a new guide for investors on climate risk tools and resources and managing for resilience. The guide – Investing in Resilience: Tools and Frameworks for Managing Physical Risk – provides a snapshot of emerging tools and resources to help investors assess and manage physical climate risk, at both the portfolio

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    Investor Group on Climate Change
  • Climate Action 100+ investors scale up engagement with greenhouse gas emitters, add more focus companies to drive clean energy transition

    More influential investors including AllianceBernstein, Mitsubishi UFJ Trust and Banking Corporation, USD $43 billion UK pension pool Boarders to Coast Pension Partnership, and USD $64 billion Australian pension fund UniSuper sign on to initiative. 3 July 2018: Investor signatories to Climate Action 100+ have scaled up engagement with systematically important greenhouse gas emitters, while expanding their focus list of companies,

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    Investor Group on Climate Change
  • 288 investors with more than $26 trillion in assets call on world governments to scale up climate action to achieve the goals of the Paris Agreement

    QUEBEC, 4 JUNE 2018 – As leaders gather in Canada for the 2018 G7 Summit, 288 institutional investors with $26 trillion in assets under management urged governments to step up their ambition and action to achieve the goals of the Paris Agreement, support investment in the low-carbon transition, and improve climate-related financial disclosures. “The global shift to clean energy is

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    Investor Group on Climate Change
  • Without higher emissions reduction targets, investment certainty not guaranteed under NEG

    Unless the emissions reduction target is increased under the National Energy Guarantee, the policy risks failing to address investment uncertainty. “Investors, energy companies and business groups have all acknowledged that the level of ambition under the National Energy Guarantee can and should be increased”, said Emma Herd, Chief Executive Officer of the Investor Group on Climate Change.

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    Investor Group on Climate Change
  • Keep working on the National Energy Guarantee

    With the COAG Energy Council meeting later this week to consider the National Energy Guarantee, our organisations call for further progress to be made towards designing a workable solution which addresses emissions reduction, reliability, and affordability across our energy system.

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    Investor Group on Climate Change
  • Government confirms no barriers to carbon risk disclosure for Australian companies

    The Investor Group on Climate Change (IGCC) notes the release of the Australian Government response to the Senate Economics Reference Committee report: Carbon risk: a burning issue. In its response to the Inquiry’s final report, the Federal Government has confirmed that there are no legislative barriers to the full adoption of the recommendations of the Financial Stability Board Task Force

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    Investor Group on Climate Change
  • 2017 Climate Change Review fails to deliver a national climate change plan for Australia

    Investors were looking for a plan for the future in the 2017 Climate Change Policy Review to manage climate-related financial risk and unlock new investment. But they didn’t get it. Commenting on the Review, Investor Group on Climate Change Chief Executive Officer Emma Herd stated: “The 2017 Climate Change Policy Review doesn’t deliver the long term market signal that investors

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    Investor Group on Climate Change
  • Australian and New Zealand Investors join launch of major new global climate change initiative

    Australia and New Zealand’s biggest institutional investors have joined more than 225 global investors with over US$26 trillion in assets under management to engage the world’s largest emitting companies to act on climate change. Climate Action 100+ launched today by five investor organisations in Paris at the One Planet Summit hosted by President Macron, is a new five-year project harnessing

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    Investor Group on Climate Change
  • On Behalf of All Australians COAG Needs To Develop The National Energy Guarantee

    Representatives of Australia’s businesses, communities, environment, energy industry and workers are calling on the Commonwealth and States to work together in good faith and a spirit of compromise to make further development of the National Energy Guarantee (the Guarantee) their top priority. Australia is suffering unsustainably high electricity prices and rising emissions, and our reliability and cost challenges will worsen

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    Investor Group on Climate Change
  • Investors rally to turn COP23 talk into action

    Bonn, November 13, 2017. The US government may have announced plans to pull out of the Paris Agreement but this has not derailed climate progress around the globe as investors, governments and other stakeholders look to ramp up their climate commitments at COP23.

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    Investor Group on Climate Change
  • New Investor Toolkit launched for managing climate change impacts in the land sector

    The Investor Group on Climate Change (IGCC) and the Asia Investor Group on Climate Change (AIGCC) have collaborated to develop a new Investor Toolkit aimed at raising awareness of climate change related risks and opportunities in the land sector and practical guidance for investors on how to respond. The guide – Connecting Commodities, Investors, Climate and the Land: a Toolkit

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    Investor Group on Climate Change
  • Inevitability of coal closures demands real certainty for investors

    For the first time, Australia’s largest investors have commissioned a report to map the disruption of the coal sector in Australia, community impacts and associated risks and opportunities for investors. Supported by two of Australia’s largest superannuation funds, First State Super and Cbus, Coal, Carbon and the Community: Investing in a Just Transition, is being launched by the Investor Group

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    Investor Group on Climate Change
  • Investors need certainty on carbon policy for the energy sector

    Reports of the Government’s decision to step back from implementing the Clean Energy Target are concerning for investors and for business calling for greater regulatory certainty in the energy sector. “Investors couldn’t be more clear – Australia desperately needs an effective climate change response for the energy sector. Without it, the investment strike will continue,” said Emma Herd, Chief Executive

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    Investor Group on Climate Change
  • Investor Group on Climate Change Commences 2017 Finance and Investment Summit

    Today, the Investor Group on Climate (IGCC) kicks off the 2017 Finance and Investment Summit, bringing together 250 finance and investment representatives to discuss the impact of climate change. This event is a unique opportunity for the finance sector to assess climate change implications for risk management and investment decision-making and to share practical knowledge on current market practice.

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    Investor Group on Climate Change
  • Policy uncertainty is blocking new investment, say investors in new report

    Policy uncertainty remains a key barrier to low carbon investment, despite strong appetite for green deals, according to an investor survey released today. Set out in a new report – Road to Return – released today by the Investor Group on Climate Change (IGCC), institutional investors have provided important new insight into how they are approaching low carbon opportunities and

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    Investor Group on Climate Change
  • Investors call for end to policy impasse in the energy sector

    The events of the past 24 hours have shown yet again that Australia needs an effective emissions policy response for the energy sector. It is in no one’s interest to continue the current status quo. “Investors have been warning about the negative implications of ineffective energy and emissions policy settings for over a decade”, said Emma Herd, Chief Executive Officer

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    Investor Group on Climate Change
  • Investor Group on Climate Change host Al Gore for lunch

    The Investor Group on Climate Change (IGCC) is pleased to host former US Vice-President and Founder and Chairman of Generation Investment Management at a special lunch event today in Melbourne.

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    Investor Group on Climate Change
  • Regional investors support better business reporting on climate change through TCFD

    Investors across Australia, New Zealand and the Asia-Pacific region have welcomed the release of the final Financial Stability Board Taskforce on Climate-Related Financial Disclosures (TCFD) report.

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    Investor Group on Climate Change
  • Blueprint an opportunity to break the deadlock

    The Blueprint for the Future released today by the Finkel Review is an important contribution to the climate and energy debate in Australia and offers a real opportunity to build a pathway forward for the energy sector.

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    Investor Group on Climate Change
  • WE ALL HAVE A STAKE IN MOVING FORWARD WITH THE FINKEL REVIEW

    The energy industry, its customers and other stakeholders agree: the imminent Finkel Review deserves full and fair consideration before governments take decisions that will have major implications for the security, reliability and affordability of Australia’s electricity system.

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    Investor Group on Climate Change
  • PARIS AGREEMENT REMAINS IN AUSTRALIA’S INTEREST – Australian Climate Roundtable

    The Australian Climate Roundtable today welcomed continued bipartisan commitment to the Paris Agreement. The Roundtable brings together representatives and advocates for a broad swathe of the community, including the Australian Aluminium Council, the Australian Conservation Foundation, the Australian Council of Social Service, the Australian Council of Trade Unions, the Australian Energy Council, the Australian Industry Group, the Business Council of

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    Investor Group on Climate Change
  • Australian investors call for ongoing support for the Paris Agreement

    Investors are disappointed at the recent announcement by the Trump Administration to withdraw from the Paris Agreement, and call on the Government to stand by their commitment to tackling climate change. “The Paris Agreement is key to providing the long term policy signals that investors need to best tackle climate change. Without a clear, stable policy framework and shared goals

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    Investor Group on Climate Change
  • New Investor Report: Oil & gas companies show progress on climate change, but laggards like ExxonMobil remain way behind

    In a new report, published today, global investors conclude that some of the largest global oil and gas companies such as Statoil, Eni and Total are well ahead of others like ExxonMobil when it comes to climate change management and disclosure. Investor Climate Compass: Oil and Gas – Navigating Investor Engagement is a joint report from the four investor networks…

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    Investor Group on Climate Change
  • Over 280 global investors (managing more than $17 trillion in assets) urge G7 to stand by Paris Agreement and drive its swift implementation

    UPDATE: London/New York/Sydney Monday 22 May 2017 (revised from material previously issued on 8 May 2017) Over 280 global investors (managing more than $17 trillion in assets) urge G7 to stand by Paris Agreement and drive its swift implementation. 282 long‐term institutional investors representing more than USD $17 trillion in assets have written to G7 heads of state urging governments to

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    Investor Group on Climate Change
  • Asian and Australian investors launch major new guide on climate change disclosure

    Investor groups from Australia and Asia have come together to release a major new guide on climate change disclosure for institutional investors, the first to be released following the publication of the draft recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD). Developed by the Investor Group on Climate Change (IGCC – Australia/New Zealand) and the Asia Investor Group on

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    Investor Group on Climate Change
  • 2017 Climate Change Policy Review an opportunity to address investment uncertainty

    The Investor Group on Climate Change (IGCC) welcomes the release of the 2017 Climate Policy Review Discussion Paper, as an important new opportunity to agree a productive way forward. “After more than a decade of policy uncertainty, investors are hungry for a national climate change policy framework which delivers a degree of investment confidence”, said Emma Herd, Chief Executive Officer

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    Investor Group on Climate Change
  • Risk to return: Investors call on government to unlock climate adaptation finance

    Investors worth AU$1.2 trillion are calling on the Federal Government to review its approach to climate adaptation as the damage bill for the economy rises from increasing natural disasters. In a new report – From Risk to Return – released today by the Investor Group on Climate Change (IGCC), investors lay out the multi-billion dollar threats and opportunities of climate

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    Investor Group on Climate Change
  • Investors welcome APRA recognition of climate change as financial risk

    The Investor Group on Climate Change (IGCC) welcomes comments today by APRA Executive Board Member Geoff Summerhayes acknowledging the reality that climate change poses a material financial risk for Australian business and the economy. 

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    Investor Group on Climate Change
  • NO ROOM FOR PARTISAN POLITICS IN ENERGY

    Representatives of Australian communities, including civil society, households, workers, investors, business energy users and energy suppliers today challenged all political leaders to stop partisan antics and work together to reform Australia’s energy systems and markets. There is simply no room for partisan politics when the reliability, affordability and sustainability of Australia’s energy system is at stake. 

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    Investor Group on Climate Change
  • New report on climate disclosure will change financial reporting

    The Investor Group on Climate Change (IGCC) welcomes the release of the global Taskforce on Climate-related Financial Disclosure, and strongly encourages Australian government and business to adopt the recommendations. “It’s hard to understate just how influential these recommendations will be”, said Emma Herd, Chief Executive of the Investor Group on Climate Change (IGCC).  

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    Investor Group on Climate Change
  • Energy reform is urgent to avoid systemic crisis

    Representatives of Australia’s communities, households, business energy users and energy suppliers today called on the Commonwealth Government, the States and all other stakeholders to support reform of Australia’s energy systems and markets to ensure reliability and affordability as we decarbonise the energy system. The status quo of policy uncertainty, lack of coordination and unreformed markets is increasing costs, undermining investment

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    Investor Group on Climate Change
  • 2017 Climate Change Review must support investment certainty

    The 2017 Climate Policy Review must deliver greater investment certainty through a clear and credible set of climate change policies able to support Australia’s international commitments. “The Investor Group on Climate Change welcomes the release of the Terms of Reference for the 2017 Climate Policy Review”, said Emma Herd, Chief Executive Officer for the Investor Group on Climate Change (IGCC).

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    Investor Group on Climate Change
  • Investors update guidance to strengthen engagement on climate risk with oil and gas companies

    In a move designed to ensure oil and gas majors do far more to address the climate change challenge, global investors from Europe, North America, Asia and Australasia have today published an updated second edition of their guide setting out the challenges facing the sector and investor expectations for how oil and gas companies must act to adapt their business

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    Investor Group on Climate Change
  • Investors welcome ratification of the Paris Agreement

    The Investor Group on Climate Change (IGCC) welcomes the announcement that Australia has ratified the Paris Agreement. “Investors strongly endorse the Paris Agreement and welcome today’s decision by the Australian Government to ratify the Paris Agreement. “This announcement sends an important signal to the world that Australia supports action on climate change. We now need to focus on scaling up

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    Investor Group on Climate Change
  • Global investors acting on climate change

    The Investor Group on Climate Change (IGCC) has joined global investor groups in releasing a new snapshot of the actions investors have taken since the Paris Agreement was finalised. Investors Got the Signal: Actions in 2016 since the Paris Agreement highlights practical examples of the steps investors have taken in 2016 to engage with companies on carbon-reducing strategies, deploy capital

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    Investor Group on Climate Change
  • New parliamentary inquiry on coal closures

    The Investor Group on Climate Change (IGCC) notes the establishment of a new Parliamentary Inquiry on the closure of coal fired energy generation facilities in Australia, addressing the need to decarbonise our electricity sector, manage community impacts and increase resilience to climate change. “Reviewing how best to manage the retirement of carbon-intensive ageing coal fired generation is an important component

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    Investor Group on Climate Change
  • Global investors launch guide to drive engagement on climate risk with the automotive sector

    Less than a week after the UN confirmed the Paris Agreement would come into effect on 04 November this year, a global network of more than 250 institutional investors (representing assets worth over $24 Trn) has published a guide setting out the threats facing the automotive sector and investor expectations for how these companies must shift gear to adapt their

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    Investor Group on Climate Change
  • The $7.7 trillion transition: major new AIGCC report charts Asian climate finance

    To mark the launch of the new Asia Investor Group on Climate Change (AIGCC) today in Singapore, the group is releasing the most comprehensive analysis to date of climate finance sector activity in Asia.   The report – Investing for the climate in Asia undertaken by Asia Research and Engagement  (ARE), with the support of Australia and New Zealand Banking

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    Investor Group on Climate Change
  • Investors press G20 to ratify Paris Agreement swiftly & expand low carbon / green investment

    Representatives of Australian communities, including civil society, households, workers, investors, business energy users and energy suppliers today challenged all political leaders to stop partisan antics and work together to reform Australia’s energy systems and markets. There is simply no room for partisan politics when the reliability, affordability and sustainability of Australia’s energy system is at stake. 

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    Investor Group on Climate Change
  • Investors welcome new Minister for the Environment and Energy

    The Investor Group on Climate Change welcomes the appointment of Josh Frydenberg as Minister for the Environment and Energy. “We look forward to working with Minister Frydenberg on behalf of investors focused on climate change”, said Emma Herd, Chief Executive Officer of the Investor Group on Climate Change (IGCC). “Investors welcome a more integrated approach to energy and climate policy

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    Investor Group on Climate Change
  • Investors identify 7 climate change policy priorities

    The Investor Group on Climate Change (IGCC) has today published seven climate change policy priorities which investors believe are critical for managing risk and unlocking investment in low carbon finance opportunities. “The seven policy priorities identified by investors have to be part of the climate change policy response in Australia to build investor confidence and get capital moving”, said Emma

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    Investor Group on Climate Change
  • Investor groups collaborate for Australian launch of new action framework on sustainable real estate

    Today a unique coalition of global investor and property groups will launch the  Sustainable Real Estate Investment – Implementing the Paris Climate Agreement: An Action Framework in Australia for the first time. Five of the world’s largest investor networks and RICS have come together, supported by the Global Alliance for Building and Construction, to publish a concise, actionable framework for

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    Investor Group on Climate Change
  • Global investors launch guide to drive engagement on climate risk with the electric utilities sector

    A week after more than 170 countries signed the Paris Agreement and investors voted on a shareholder climate risk resolution at the AGM of US utility AES Corporation, a global network of more than 270 institutional investors (representing assets worth over €20 trillion) has published a guide setting out the threats facing the utilities sector and investor expectations for how

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    Investor Group on Climate Change
  • ALP climate change policy marks positive progress

    The Investor Group on Climate Change (IGCC) welcomes the release of Labor’s Climate Change Action Plan. This policy package includes many elements that investors are looking for, including long term policy signals, an integrated approach to carbon and energy policy and market based carbon pricing mechanisms. “If Australia is to meet the goals set out in the Paris Agreement signed

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    Investor Group on Climate Change
  • Global investor groups urge world leaders to sign and accede to the Paris Climate Agreement rapidly

    IGCC has joined global investor groups calling for world leaders to sign and accede to the Paris Climate Agreement rapidly. The letter is published on the Investor Platform on Climate Change here.

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    Investor Group on Climate Change
  • Investors welcome government decision to support clean energy investment

    The Investor Group on Climate Change (IGCC) welcomes reports of the Government’s decision to retain the Clean Energy Finance Corporation (CEFC) and Australian Renewable Energy Agency (ARENA) and to establish the Clean Energy Innovation Fund (CEIF). “The decision to retain and support Australia’s clean energy finance bodies is a positive one”, said Emma Herd, Chief Executive Officer of the Investor

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    Investor Group on Climate Change
  • Investors welcome senate inquiry into carbon risk disclosure

    The Investor Group on Climate Change (IGCC) welcomes the vote to establish the Senate Economics References Committee Inquiry into Carbon Risk Disclosure. “This is an important milestone in recognising the wide ranging economic implications of climate change for Australia”, said Emma Herd, Chief Executive Officer of the Investor Group on Climate Change (IGCC).

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    Investor Group on Climate Change
  • Investors welcome historic Paris Agreement

    The Investor Group on Climate Change (IGCC) welcomes the vote to establish the Senate Economics References Committee Inquiry into Carbon Risk Disclosure. “This is an important milestone in recognising the wide ranging economic implications of climate change for Australia”, said Emma Herd, Chief Executive Officer of the Investor Group on Climate Change (IGCC).  

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    Investor Group on Climate Change