Topic: Investor Group on Climate Change
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.
1 December 2020
- Initiative grows 142% in signatories to include 545 institutional investors with $52 trillion in assets under management working to ensure the world’s largest corporate emitters act on the climate crisis
- SSGA becomes the third ‘top twenty’ asset manager to join the initiative in 2020, following BlackRock and Invesco
State Street Global Advisors (SSGA), the world’s third largest asset manager with nearly USD $3.2 trillion in assets under management (AUM),
announced today it will join Climate Action 100+, the world’s largest investor engagement initiative on climate change.
24 November 2020
Australia’s financial services sector has come together in an unprecedented coalition to promote a transformation of the country’s financial system to prioritise prosperity for all, meet 21st century sustainability challenges, and position Australia more competitively within international markets.
The Australian Sustainable Finance Initiative (ASFI) – comprising 80 organisations across major banks, insurers, super funds, civil society, and stakeholders – has today released its Roadmap that sets out a bold plan to align Australia’s financial system to support a thriving Australian society, a healthy environment and a strong and prosperous economy.
18 November 2020
Climate Action 100+, a global initiative involving over 500 signatories responsible for more than USD47 trillion assets under management, has expanded the focus list of companies it is engaging with to deliver Paris Agreement-aligned emissions cuts, implement strong climate governance frameworks and improve climate-related disclosures.
The changes to the Climate Action 100+ focus list follows a periodic review by the initiative to ensure the companies engaged remain relevant to confronting the global climate change crisis.