Topic: Investor Group on Climate Change
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.
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).
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.
24 July 2018
IGCC has today joined with the Responsible Investment Association Australasia (RIAA), the Principles for Responsible Investment (PRI), the UN Environment’s Principles for Sustainable Insurance, and the UN Environment Programme Finance Initiative (UNEP FI) – collectively representing over 300 institutions with $10 trillion in assets – to sign a joint statement that commits to starting the development of Sustainable Finance Roadmaps for Australia and New Zealand.
23 July 2018
The Investor Group on Climate Change (IGCC) is today launching a new guide for investors on climate risk tools and resources and managing for resilience.
The guide –
Investing in Resilience: Tools and Frameworks for Managing Physical Risk – provides a snapshot of emerging tools and resources to help investors assess and manage physical climate risk, at both the portfolio and the asset level.
3 July 2018
More influential investors including AllianceBernstein, Mitsubishi UFJ Trust and Banking Corporation, USD $43 billion UK pension pool Boarders to Coast Pension Partnership, and USD $64 billion Australian pension fund UniSuper sign on to initiative.
3 July 2018: Investor signatories to Climate Action 100+ have scaled up engagement with systematically important greenhouse gas emitters, while expanding their focus list of companies, adding 61 companies (Known as the + list) that have significant opportunities to drive the clean energy transition and help achieve the goals of the Paris Agreement.
4 June 2018
QUEBEC, 4 JUNE 2018 – As leaders gather in Canada for the 2018 G7 Summit, 288 institutional investors with $26 trillion in assets under management urged governments to step up their ambition and action to achieve the goals of the Paris Agreement, support investment in the low-carbon transition, and improve climate-related financial disclosures.
20 April 2018
Unless the emissions reduction target is increased under the National Energy Guarantee, the policy risks failing to address investment uncertainty.
“Investors, energy companies and business groups have all acknowledged that the level of ambition under the National Energy Guarantee can and should be increased”, said Emma Herd, Chief Executive Officer of the Investor Group on Climate Change.
18 April 2018
With the COAG Energy Council meeting later this week to consider the National Energy Guarantee, our organisations call for further progress to be made towards designing a workable solution which addresses emissions reduction, reliability, and affordability across our energy system.
Australian industry and households alike require competitively priced energy. Reliable supply is critical to our economy and society.
8 March 2018
The Investor Group on Climate Change (IGCC) notes the release of the Australian Government response to the
Senate Economics Reference Committee report: Carbon risk: a burning issue.
In its response to the Inquiry’s final report, the Federal Government has confirmed that there are no legislative barriers to the full adoption of the recommendations of the Financial Stability Board Task Force on Climate-related Financial Disclosures (TCFD) in corporate reporting.