Policy & Advocacy Working Group This collaborative group coordinates on government engagement and maintains oversight on the role of companies and industry associations in delivering constructive climate policy outcomes. Meetings are held every two months, with occasional ad-hoc briefings and discussions as needed. When drafting submissions or developing major research publications we consult with ad-hoc sub groups. Chair Francesca Muskovic Executive Director, Policy About Francesca Contact Bethany Richards Policy Junior Analyst About Bethany… Email Bethany Working Group Policy and Engagement Priorities We provide information to the working group on the current state of play of policy at a state, national, and international level. We welcome contributions from members who bring their expertise and perspectives to shape submissions and joint statements. These help form the policy to help accelerate Australia’s path to net-zero emissions. 2035 Emissions Target The target will be the biggest climate policy decision this term. It will be set by ambition for sector-by-sector policies. Consultation process underway with the Climate Change Authority (CCA). Disclosures Building parliamentary support for reform on climate disclosures and climate risk reporting. Current consultation process underway with Treasury Read our submission to the consultation process Sector Pathways Developing sector pathways, policies and goals to support investment in climate solutions across the economy. National Net Zero Authority Recently legislated following IGCC campaign, which included submission, peak bodies statement, national ad campaign, and significant direct engagement Includes $400 million to support investment in clean energy in regions IGCC will continue to engage while the Authority is set up and starts to operate. National Physical Risk Assessment Creation of policy briefs and thought leadership on climate divestment in high physical risk regions and sectors Current development of second assessment in line with 2024 National Adaptation Plan Latest Relevant News, Resources, and Events. Submission to XRB: Current disclosure timeframes position Aotearoa New Zealand as a destination for international capital Submission | Lisa Caripis | September 2025 Investors are increasingly looking for markets where climate-related financial risks and opportunities are effectively managed. Markets with robust mandatory climate reporting rules are well place to attract climate-aware global capital. IGCC has recommended: No delay to Scope 3 and AFI disclosures. Investors need this information for investment decision-making and stewardship. Retaining the existing disclosure timeframes is in the interests of Aotearoa New Zealand’s investment credibility. Governance & DisclosureInvestor PracticeInvestor Practice Working GroupNew ZealandPolicy & AdvocacyPolicy & Advocacy Working Group Submission to XRB: Current disclosure timeframes position Aotearoa New Zealand as a destination for international capital 29 September 2025 IGCC responded to the External Reporting Board (XRB) proposals to delay by a further two years disclosure and assurance of Scope 3 greenhouse gas (GHG) emissions and disclosure of anticipated financial impacts (AFI). Governance & DisclosureInvestor PracticeInvestor Practice Working GroupNew ZealandPolicy & AdvocacyPolicy & Advocacy Working Group What do the Australian Government’s 2035 Climate Targets Mean for Investors? 25 September 2025 Australia’s 2035 climate target (62–70%) comes with an NDC, Net Zero Plan and sector roadmaps. IGCC’s policy team breaks down the implications for portfolios — from efficiency and electrification to methane, heavy vehicles, land sinks and clean exports — plus why the Safeguard Mechanism review in 2026–27 will set the pace. AustraliaPolicy & AdvocacyPolicy & Advocacy Working Group Submission: What investors need from Treasury’s transition planning guidance 25 September 2025 IGCC supports Treasury’s development of transition planning guidance. Investors will use the guidance to inform their own transition planning and to scrutinise company transition plans, informing investment strategies. AustraliaCorporate EngagementCorporate Engagement Working GroupGovernance & DisclosureInvestor PracticeInvestor Practice Working GroupPolicy & AdvocacyPolicy & Advocacy Working Group Submission: Good governance for an evolving electricity system – NEM Review 23 September 2025 Investors support the dual intentions of the NEM Review, which is to propose solutions to challenges that hinder investment in the National Electricity Market (NEM), and to deliver electricity system services more efficiently. AustraliaEnergyEnergy Transition Working GroupPolicy & AdvocacyPolicy & Advocacy Working Group