Topic: Investor Group on Climate Change
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.
28 February 2018
Investor briefing: The National Energy Guarantee | Emma Herd, CEO, IGCC
On February 15, the Energy Security Board released a Consultation Paper for input on the development of the National Energy Guarantee (NEG).
It builds on the high-level proposal released in October 2017, setting out a framework to apply an emissions obligation and a reliability obligation to energy retailors.
19 December 2017
It’s all about money as global investors drive low-carbon transition
This article was first published on Renew Economy on 14 December 2017. If the previous decade has seen the climate change space occupied by activists, scientists, denialists, and fossil fuel companies, a coordinated push from investors for derisked portfolios, is setting the stage for a very different 2018 and beyond.
19 December 2017
Investors were looking for a plan for the future in the 2017 Climate Change Policy Review to manage climate-related financial risk and unlock new investment. But they didn’t get it.
Commenting on the Review, Investor Group on Climate Change Chief Executive Officer Emma Herd stated: “The 2017 Climate Change Policy Review doesn’t deliver the long term market signal that investors are looking for.