Topic: Energy
Encompassing fossil fuels, renewables, other sources and storage.
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.
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.
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.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.
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.
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.
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.
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.
Climate Action 100+ Summary Presentation of Global Company Assessments
Briefing | Climate Action 100+ | 18 October 2023
The Climate Action 100+ Net Zero Company Benchmark evaluates the performance of some of the world’s largest corporate greenhouse gas emitters on their net zero transition, and against the initiative’s three high-level goals: emissions reduction, governance, and disclosure.