Topic: Investor Group on Climate Change

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.

Investors welcome the New Zealand Green Investment Finance fund

5 December 2018

Investors with more than $2 trillion in assets under management welcome today’s launch of the New Zealand Green Investment Finance fund by the Prime Minister Jacinda Ardern and Climate Change Minister James Shaw as a welcome step to achieve net zero emissions. “Unlocking investment requires robust, investment-grade policies to reduce emissions in line with the objectives of the Paris Agreement and achieving net zero emissions,” Emma Herd, CEO of the Investor Group on Climate Change said.

Investors: risks and rewards in ALP energy policy

22 November 2018

The ALP’s energy policy announcements today present significant risks and rewards to achieving net zero emissions, say investors with more than $2 trillion in assets under management. “Unlocking investment in the electricity sector requires robust, investment-grade policies to reduce emissions in line with the objectives of the Paris Agreement,” Emma Herd, CEO of the Investor Group on Climate Change said.

Joint Statement: Addressing all parts of the energy trilemma is essential

25 October 2018

Ahead of the Council of Australian Governments Energy Council meeting this week, IGCC has joined a broad coalition of industry, environmental and civil society groups in calling for emissions reductions policy to be addressed as a key part of the “energy trilemma”. The statement notes that “investors will only view policy as durable if it effectively addresses all parts of the trilemma, including meeting emissions reduction commitments”.

ASIC finds Australian companies not adequately disclosing climate change risks

20 September 2018

The Investor Group on Climate Change (IGCC) welcomes a new report released today by ASIC on the state of corporate reporting on climate change and calls on Australian companies to lift their game to meet investor needs. Report 593 Climate risk disclosure by Australia’s listed companies (REP 593) sets out ASIC’s high-level findings and recommendations for listed companies following an ASIC review of disclosure practices in the market.

Nearly 400 investors with US$32 trillion in assets step up action on climate change

13 September 2018

Partner organisations launch first-of-its-kind global agenda, to demonstrate and accelerate investor-led action critical to achieving goals of the Paris Agreement SAN FRANCISCO, 12 SEPTEMBER 2018 / (13 SEPTEMBER 2018 AEST)– The Investor Agenda launched today in San Francisco will support investors in accelerating and scaling-up the actions that are critical to tackling climate change and achieving the goals of the Paris Agreement.

Investor Survey: Strong demand for green investment, yet policy uncertainty remains key barrier

28 August 2018

Investor appetite for low carbon and green investment opportunities is strong but regulatory uncertainty threatens future growth, according to a new survey of institutional investors released today by the Investor Group on Climate Change (IGCC). Set out in a new report – Scaling Up – institutional investors have provided new insights into how they are approaching low carbon and green investment opportunities and where they are active by market and asset class.

Integration of energy and climate change policy critical for investment certainty

20 August 2018

Investors with more than $2 trillion in assets under management have expressed dismay at the sidelining of emissions reduction policy in Australia. “Today’s decision to shelve the implementation of emissions reduction targets under the National Energy Guarantee has serious repercussions for investment in the energy sector in Australia”, said Emma Herd, Chief Executive Officer of the Investor Group on Climate Change (IGCC).

Investors call for ambition shortfall to be addressed in the National Energy Guarantee

7 August 2018

Investors with over $2 trillion in assets under management are calling for outstanding flaws in the design of the National Energy Guarantee to be addressed in order to establish much needed investment certainty. Ahead of the meeting of the COAG Energy Council on 10 August, the Investor Group on Climate Change has outlined three key outstanding issues that should be addressed before focus shifts towards the implementation of the National Energy Guarantee.