Topic: Governance & Disclosure

Founding Partners of the Investor Agenda publish updated Investor Climate Action Plans Expectation Ladder

11 July 2023

The seven founding partners of the Investor Agenda have released an updated ICAPs Expectations Ladder, designed for all investors, regardless of where they are on their climate transition. The ICAPs Expectation Ladder has been updated to remain aligned to the latest approaches, existing frameworks, and ICAPs Guidance. It also explicitly incorporates deforestation actions for the first time.

Member Briefing: The 2023 Update to the Investor Climate Action Plan Expectations Ladder

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Submission: Climate Change Authority – Setting, tracking and achieving Australia’s emissions reduction targets – Issues Paper

Submission | Erwin Jackson | June 2023

IGCC’s submission covers four main topics:
  • National and sector pathways and goals should be 1.5°C aligned.
  • Currently, the physical impacts of climate change are significantly under-priced in financial markets.
  • Australia can be a world leader in resilience
  • Australia needs quality climate modelling and scenarios covering both transition and physical risks.

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Government’s Plan for Climate Reporting Will Help Investors Fund Climate Solutions

27 June 2023

The Australian government has released their proposal for new mandatory climate reporting. The proposed rules will help Australian companies remain attractive in global capital markets while providing investors, regulators, and stakeholders with a comprehensive understanding of the economy's climate risks and opportunities.

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.

The State of Net Zero Investment in Australia

7 March 2023

A new survey of institutional investors managing $2.1 trillion in Australia shows encouraging progress towards net zero by 2050. However, acceleration is needed to hit 2030 decarbonisation milestones, and to protect beneficiary returns from physical climate damage and disruption.

The State of Net Zero Investment in Australia 2022

Report | Investor Group on Climate Change | 3 March 2023

A survey of institutional investors managing $2.1 trillion in Australia. It shows encouraging progress towards net zero by 2050, but with acceleration needed to hit 2030 decarbonisation milestones, and to protect beneficiary returns from physical climate risks. The sample is investors managing approximately 60% of total local AUM. There were

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Submission: Climate reporting regime should cover large private companies from day one

20 February 2023

The Investor Group on Climate Change's submission to Treasury's consultation concerns the coverage of the regime, scope 3 emissions, timing, and a focus on physical risk.

New Legal Advice: Climate Reporting Standards Keep Focus on Financial Impacts

6 February 2023

A new legal opinion shows that when companies publish their plans it’s valuable and appropriate for those statements to have a reasonable basis. That level of clarity must be protected, because it is a crucial part of giving investors confidence so they can allocate capital in support of credible and robust business strategies

The State of Net Zero Investment in Aotearoa New Zealand 2022

Report | Aotearoa New Zealand Investor Coalition for Net Zero | January 2023

Results from a survey of wealth managers, asset owners, and fund managers.
We received a total of 50 responses, covering in aggregate $331bn in assets, out of New Zealand’s estimated $365bn total.

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