Topic: Investor Group on Climate Change
20 September 2021
• Paris Aligned Asset Owners group grows to 40 investors with combined assets under management of USD 2.35 trillion
• New joiners to the initiative include HESTA – the first Australian signatory – as well as number of Danish pension funds, Railpen, Tesco Pension Investment and Elo Mutual Pension Insurance Company
• Investors commit to achieving net zero portfolio emissions by 2050 or sooner, engaging with this target in mind, and increasing investments in climate solutions
• Signatories join at the start of Climate Week NYC 2021, boosting membership of the Race to Zero campaign
12 new asset owners have joined the 28 existing signatories to the Paris Aligned Investment Initiative Net Zero Asset Owner Commitment, bringing the total signatories to the initiatives to 40 asset owners, collectively responsible for more than USD 2.36 trillion in assets.
14 September 2021
14 September 2021 In the run-up to the most consequential United Nations climate change conference in years, and on the heels of another urgent warning from the world’s leading scientists, a record number of 587 investors with US$46 trillion in assets under management are urging governments to rapidly implement five priority policy actions that will allow them to invest the trillions needed to respond to the climate crisis.
18 August 2021
18 August 2021 IGGC’s recent investor survey provides insights into how Australian and New Zealand investors are responding to climate risk and net zero investment opportunities, representing collective views of Australian and New Zealand investors with funds representing over AU$3.1 trillion total assets under management globally. Surveyed in June 2021, investors include superannuation funds, asset managers and sovereign wealth funds.
26 July 2021
26 July 2021 A new report from the Investor Group on Climate Change (IGCC) released today highlights the important role of investors in a just transition to net zero emissions for Australian communities and workers.
Empowering Communities: how investors can support an equitable transition to net zero details the opportunities and challenges for investors in helping ensure a just transition for those communities that are currently economically-tied to fossil fuel industries.
6 July 2021
- Nero Asset Managers initiative grows to 128 investors managing $43 trillion – all committed to net zero goal
- Momentum galvanised, contributing to ‘net zero tipping point’ as approaching half of all assets across global asset management sector are now part of initiative
- Signatories to work with clients to reach net zero emissions by 2050 or sooner and set 2030 interim targets
41 leading asset managers, representing AUD$9 trillion in assets, are today joining the Net Zero Asset Managers initiative.
1 July 2021
The Investor Group on Climate Change (IGCC) board has today announced the appointment of Rebecca Mikula-Wright as Chief Executive Officer of the organisation.
Ms Mikula-Wright steps into the role with over 20 years’ experience in climate change, sustainability and investment banking in Hong Kong, Europe and Australia.
She has been the Executive Director of the Asia Investor Group on Climate Change (AIGCC) for almost five years and will continue to lead the AIGCC, managing both organisations who share a governance structure.
29 June 2021
29 June 2021 A plan for Australia to adopt a mandatory financial disclosure for climate change risks over the next four years has been released by major investor networks to help cut red tape for business and protect national economic stability.
The roadmap details the actions Australian financial regulators and the Federal Government can take to build on existing work and further ensure there is clear and consistent reporting from companies, investors, banks and insurers that will produce investable disclosure and ensure financial markets can properly price and act on the physical and transitional risks of climate change.
11 June 2021
457 investors managing more than US$41 trillion in assets have released a new joint statement to all world governments urging a global race-to-the-top on climate policy and warning that laggards will miss out on trillions of dollars in investment if they aim too low and move too slow. This represents the largest collective assets under management to sign on to a global investor statement to governments on climate change since the first statement in 2009.
9 June 2021
In response to the final recommendations of the New Zealand Climate Change Commission, Investor Group on Climate Change (IGCC) Director of Policy, Erwin Jackson, said:
“The Commission’s final report provides an important set of recommendations to accelerate New Zealand’s transition to net zero emissions that can help drive investment in clean industries and infrastructure.
20 May 2021
Investors called on to lay out comprehensive Investor Climate Action Plans (ICAPs) in line with reaching the goal of a global net-zero emissions economy by 2050 or sooner
The founding partners of The Investor Agenda released today a new tool to enable institutional investors to step up action to tackle the climate crisis and accelerate the transition to a net-zero economy.