Topic: Investor Group on Climate Change

Investors: Zero Carbon Bill a step towards a prosperous resilient economy

8 May 2019

New Zealand’s Zero Carbon Bill is a step towards a prosperous zero carbon economy the Investor Group on Climate Change said today. “Climate change represents a systemic risk to the financial system and economy,” Emma Herd, CEO of the Investor Group on Climate Change said. “The Zero Carbon Bill is a crucial step towards establishing a robust road map for New Zealand to unlock investment in the zero carbon economy.”

Unlocking economic opportunities means moving past scare campaigns | Erwin Jackson, Director, Policy, IGCC

7 May 2019

Unlocking economic opportunities means moving past scare campaigns | Erwin Jackson, Director, Policy, IGCC This article first appeared in The Guardian 07 May 2019. The current election campaign discussions on climate change fails to address the real challenges that face the nation. The super partisan nature of the debate and the focus on mythical costs of action risks significantly harming our prosperity and resulting in another decade of squandered economic opportunity.

Investors: Labor’s climate change action plan provides foundation of investable climate policy

1 April 2019

The Climate Change Action Plan announced today by Labor would be a critical first step to managing the substantial financial risks of climate change and unlocking billions of dollars of new investment, the Investor Group on Climate Change (IGCC) said today. “If implemented, the ALP’s climate policy would provide a credible foundation to manage the risks of climate change and deliver capital towards a resilient and prosperous economy,” said Emma Herd, Chief Executive Officer, IGCC.

Investors set out policy priorities to limit systemic climate risks

27 March 2019

Aligning policies to achieve net zero emissions, managing the energy sector transition and building resilience to growing climate change impacts must be top priorities for Australia and New Zealand governments, the Investor Group on Climate Change (IGCC) said today. IGCC represents institutional investors with total funds under management of over $2 trillion and its members cover over 7.5 million superannuation holders in Australia and New Zealand.

Global investors welcome climate change report from Rio Tinto

27 February 2019

Today’s release of Rio Tinto’s report Our Approach to Climate Change is another important outcome from the global investor engagement project Climate Action 100+. This is the first report Rio Tinto have released on the impacts of climate change following the recommendations of the Taskforce on Climate-related Financial Disclosure (TCFD). Rio Tinto acknowledge that, as the first fossil fuel-free mining company, they are actively positioning for a low carbon future.

Investors: More of the same will not address climate risk

25 February 2019

In response to the government’s climate policy announcement, institutional investors today warned that more of the same will not address growing climate and transition risk to the Australian economy. “The government’s policy announcement today largely represents a business as usual announcement,” said Emma Herd, CEO of the Investor Group on Climate Change.

Global investors working with companies to achieve Paris goals

20 February 2019

[fusion_dropcap color=”” boxed=”yes” boxed_radius=”50%” class=”” id=””]T[/fusion_dropcap]oday’s decision by Glencore demonstrates how investors are working with companies through the Climate Action 100+ to put in place practical strategies to achieve the goals of the Paris Agreement. This announcement follows similar announcements by Shell, BP and Maersk, who have worked with investors through the Climate Action 100+ to agree to sensible roadmaps for action.

Investor Group on Climate Change announces new Chair and Deputy Chair

13 December 2018

The Investor Group on Climate Change (IGCC) is pleased to announce the appointment of Stephen Dunne, Board Director and Chairman of the Investment Committee at Cbus Super Fund, as Chair of the IGCC Management Committee, and Helga Birgden, Global Business Leader, Responsible Investment at Mercer Investments, as Deputy Chair. The IGCC was established in 2005 and today has around 70 members, including Australian and New Zealand institutional investors managing over $2 trillion in assets under management, focused on the investment implications of climate change.

Investors call on world leaders to address climate change ‘ambition gap’

10 December 2018

Record breaking number of global investors call on governments to accelerate action on climate change KATOWICE, POLAND, 10 DECEMBER – Global investors today called on governments around the world to step up action to address climate change. 415 investors, with $32 trillion in assets-under-management, are behind the call-to-action as signatories of the 2018 Global Investor Statement to Governments on Climate Change1.