Topic: Investor Group on Climate Change
2 May 2021
2 May 2021 In response to the announcement by the Victorian Government that it will pursue a 45-50 per cent emissions reduction from 2005 levels by 2030, Director of Policy at the Investor Group on Climate Change, Erwin Jackson, said:
“Victoria’s 2030 emissions reduction goal is consistent with those established by many of Australia’s developed nation counterparts and trading partners in the G20, including the US, Japan, Canada and the European Union.
29 April 2021
Chief Executive Officer of the Investor Group on Climate Change (IGCC), Emma Herd, will step down after six years in the role marked by a rapid acceleration in climate action from Australian and New Zealand institutional investors.
Ms Herd joined IGCC in 2015 following fifteen years in sustainable finance in the banking sector.
23 April 2021
23 April 2021 Australia and New Zealand risk falling behind in the global race to attract private capital investment in net zero emissions industries and infrastructure after President Biden committed the United States to reduce its greenhouse gas emissions by 50-52 per cent from 2005 levels by 2030.
Analysis by the Investor Group on Climate Change (IGCC) shows the new US target is now one of the strongest emissions reduction commitments amid the G20, only slightly behind what has been adopted by the United Kingdom and European Union (EU) nations.
22 April 2021
}”In response to the
release of the Australian Prudential Regulation Authority’s (APRA) draft Prudential Practice Guide on Climate Change Financial Risk, Chief Executive Officer of the Investor Group on Climate Change (IGCC), Emma Herd, said:
“This is critical work from APRA that will go a long way to consolidating the accelerating action across the financial sector to address the systemic financial risks created by climate change.
21 April 2021
- Ahead of Earth Day and Leaders Summit on Climate, initiative announces it now includes BlackRock, Vanguard, and State Street Global Advisors
- Asset managers promise to work with clients to reach net zero emissions by 2050 or sooner and set 2030 emissions reduction targets
More of the world’s largest asset managers announced today that they are joining the Net Zero Asset Managers initiative, a clear sign that the global movement for a net-zero emissions economy is growing stronger and more determined.
29 March 2021
- 43 new investor signatories to Net Zero Asset Managers initiative will work in collaboration with clients to achieve 2030 emissions reduction targets and reach net zero by 2050 or sooner.
- The Net Zero Asset Managers initiative now has a total 73 signatories representing $US32 trillion in assets under management (AUM), 36 per cent of the global total.
22 March 2021
- Benchmark defines key indicators of success for business alignment with a net zero emissions future and goals of the Paris Agreement
- Detailed assessments show companies are increasingly making ambitious climate commitments, but now need to deliver
- Benchmark sets clear engagement priorities for $54 trillion investor-led initiative to drive faster corporate climate action
Climate Action 100+, the world’s largest investor engagement initiative on climate change, has released its first-ever benchmark evaluating the corporate ambition and action of the world’s largest greenhouse gas emitters and other companies with significant opportunity to drive the net zero transition.
25 January 2021
The Investor Group on Climate Change (IGCC) welcomes the Australian Government’s announcement it will join the international Coalition for Climate Resilient Investment (CCRI) and refresh the National Climate Resilience and Adaptation Strategy.
The CCRI is a finance sector-led initiative bringing together over 75 institutional investors, banks, insurers, rating agencies and governments, representing over US$10 trillion in assets, to address climate resilience challenges.
17 December 2020
Almost half the focus companies of Climate Action 100+ – the world’s largest ever investor engagement initiative on climate change – have now established commitments to reach net-zero emissions by 2050 or sooner, its latest progress report reveals.
The Climate Action 100+ 2020 Progress Report also outlines the significant growth and evolution of Climate Action 100+.
11 December 2020
- 30 founding investor signatories to Net Zero Asset Managers initiative will work in collaboration with clients to achieve target-based net zero goal by 2050 or sooner
- Other asset managers encouraged to join initiative, to demonstrate sector leadership and commitment to sustainable future
Asset managers representing over US$9 trillion of assets under management (AUM) today announced the launch of the Net Zero Asset Managers initiative.