Topic: Energy Encompassing fossil fuels, renewables, other sources and storage. Investor Sentiment Rallies on Australia’s Climate Policies 25 March 2024 New Data from Firms Managing $37 Trillion AustraliaClimate Solutions & TechEnergyEnergy Transition Working GroupGovernance & DisclosurePolicy & AdvocacyPolicy & Advocacy Working Group Media Brief: Policy Results From IGCC’s Survey of Institutional Investors Briefing | Erwin Jackson & Marwa Curran | 25 March 2024 Responses from 63 institutional investors, representing more than A$37 trillion AUM globally and invested on behalf of 15 million beneficiaries in Australia.Download AustraliaClimate Solutions & TechDecarbonising the EconomyEnergyPolicy & AdvocacyPolicy & Advocacy Working Group IGCC Members Are Custodians of 14.8 Million Australians’ Investments: 2023 Annual Report 8 February 2024 The Investor Group on Climate Change has released its Annual Report for 2023, showing its work with members to mitigate climate risk and leverage the opportunities of the global transition to net zero. AustraliaClimate Action 100+Corporate EngagementCorporate Engagement Working GroupDecarbonising the EconomyEnergyEnergy Transition Working GroupGovernance & DisclosureInvestor Agenda and ICAPsInvestor PracticeInvestor Practice Working GroupJust TransitionMiningNet Zero Asset Managers Initiative (NZAM)New ZealandParis-Aligned Asset Owners Initiative (PAAO)Physical Risk, Adaptation & ResiliencePolicy & AdvocacyPolicy & Advocacy Working GroupPrivate: Physical Risk & Resilience IGCC Annual Report 2023: The Year in Review Report | Investor Group on Climate Change | 8 February 2024 The Investor Group on Climate Change has released its Annual Report for 2023, showing its work with members to mitigate climate risk and leverage the opportunities of the global transition to net zero.Download AustraliaClimate Action 100+Corporate EngagementCorporate Engagement Working GroupDecarbonising the EconomyEnergyEnergy Transition Working GroupGovernance & DisclosureInvestor Agenda and ICAPsInvestor PracticeInvestor Practice Working GroupJust TransitionMiningNet Zero Asset Managers Initiative (NZAM)New ZealandParis-Aligned Asset Owners Initiative (PAAO)Physical Risk, Adaptation & ResiliencePolicy & AdvocacyPolicy & Advocacy Working GroupPrivate: Physical Risk & Resilience Investor Response to First COP Agreement on Transition From Fossil Fuels 14 December 2023 The final outcome from COP28 was released on the 13th of December. Decarbonising the EconomyEnergyJust TransitionPolicy & AdvocacyPolicy & Advocacy Working Group Joint Statement: Australia’s Superpower Opportunity 27 November 2023 The Federal Government is currently considering major decisions on a renewable superpower strategy. Our organisations agree that the global transition to net zero emissions can provide substantial and broadly shared economic and jobs opportunities for Australia, while preventing the worst impacts of climate change. AustraliaDecarbonising the EconomyEnergyPolicy & Advocacy Energy Markets and An Expansion of the Capacity Investment Scheme 22 November 2023 The Australian Government recently announced an expansion of the Capacity Investment Scheme, which is intended to underwrite new renewable energy generation and storage. The expansion brings the total size to an offer of 32GW capacity. AustraliaEnergyPolicy & AdvocacyPolicy & Advocacy Working Group Submission: Strategic phase out of fossil fuels for future-proofed green industries 21 November 2023 To maintain and attract capital for Australia’s transition to net zero emissions, actions in different sectors must add up to and be consistent with the Government’s stated policy objective of limiting climate change damages above 1.5oC. The Future Gas Strategy should be aligned with this objective and be embedded within a credible set of sector decarbonisation plans. AustraliaEnergyEnergy Transition Working GroupJust TransitionPolicy & Advocacy Submission: Market drivers to reward renewable electricity 2 November 2023 IGCCs submission to the Federal Government’s consultation on an Australia’s Renewable Energy Guarantee of Origin (REGO) scheme focuses on providing investment certainty for the creation of renewable energy certificates beyond 2030. With the decarbonisation of the electricity sector over the next 10-15 years central to Australia achieving net-zero emissions by 2050, the evolution of renewable energy certificates is essential to aligning demand with supply and creating the incentive structures for renewable energy growth in Australia. AustraliaClimate Solutions & TechDecarbonising the EconomyEnergyEnergy Transition Working GroupPolicy & AdvocacyPolicy & Advocacy Working Group Companies’ Climate Ambition Contrasted By Lack Of Detailed Action Plans 18 October 2023 Climate Action 100+, the world’s largest investor engagement initiative on climate change, has released the latest round of company assessments against its newly updated Net Zero Company Benchmark, drawing on distinct analytical methodologies and datasets from public and self-disclosed data from companies. Buildings & InfrasctructureClimate Action 100+Corporate EngagementCorporate Engagement Working GroupDecarbonising the EconomyEnergyGovernance & DisclosureJust TransitionManufacturingMiningTransport