The Investor Group on Climate Change (IGCC) is a collaboration of Australian and New Zealand investors focusing on the impact that climate change has on the financial value of investments.
The IGCC representsinstitutional investors, with total funds under management of around $2 trillion, and others in the investment community interested in the impact of climate change on investments. The IGCC aims to encourage government policies and investment practices that address the risks and opportunities of climate change, for the ultimate benefit of superannuants and unit holders. We aim to:
Raise awareness of the potential impacts, both positive and negative, resulting from climate change to the investment industry, corporate, government and community sectors;
Encourage best practice approaches to facilitate the inclusion of the impacts of climate change in investment analysis by the investment industry; and
Provide information to assist the investment industry to understand and incorporate climate change into the investment decision.
We collaborate with similar investor organisations on climate change in Europe (the Institutional Investors Group on Climate Change), North America (Ceres) and Asia (Asia Investor Group on Climate Change) through the Global Investor Coalition on Climate Change.
An efficient transition to a sustainable low carbon economy.
We recognise that climate change will impact our investments, that there is an economic transition underway and it is accelerating. We support a response that is founded in a science-based assessment of the carbon constraints required to avoid dangerous climate change. We acknowledge that investors are key agents in facilitating an efficient transition.
IGCC will help investors in facilitating this transition, recognising that as stewards of capital we have a positive role to play in managing long term risks and ensuring sustainable returns.