Corporate Engagement
We support institutional investors engaging with heavy emitters in the Australian economy, aiming for a level of ambition that aligns with a 1.5° pathway.
- maximise long-term, risk-adjusted value,
- reach their portfolio climate targets,
- improve the climate risk profile of their portfolio, and
- reduce and mitigate systemic climate risk in the broader economy.
Most of our corporate engagement work is linked to the global Climate Action 100+ initiative, and includes company, thematic and sector level decarbonisation engagement across the Australian economy.
Supporting Investors on Engagement
Coordination of the Corporate Engagement Working Group
The all-member Corporate Engagement Working Group focuses on current and emerging climate stewardship objectives and challenges. Sub-working groups are convened on an as-needs basis to address specific sector or thematic barriers to progress
Leading the Implementation of the Climate Action 100+ Initiative
As a founding partner of this global initiative, we facilitate investor engagement with 14 ASX-listed companies on climate related risks and opportunities.
Developing Thought Leadership, Analysis & Guidance
On climate risks and opportunities across key sectors and themes (including climate governance, capital alignment, disclosure and target setting).
Capacity Building on Engagement
Through member briefings, knowledge sharing and master classes on climate related active stewardship challenges, engagement and corporate transition plans.
Connecting IGCC Members and Local Signatories to Global Climate Action 100+ Projects
Representing IGCC members and local signatories on global Climate Action initiatives, projects and working groups, and facilitating cross-border engagement initiatives.
Providing Updates on Global Trends in Stewardship and Engagement
Highlighting relevant shareholder resolutions, and global research and initiatives focused on relevant key sectors and themes.
Climate Action 100+
We are a founding partner of Climate Action 100+ and facilitate its implementation in Australasia.
Climate Action 100+ is the world’s largest investor-led initiative to ensure the world’s largest corporate greenhouse gas emitters take necessary action on climate change.
US$68t
80%+
75%
Net Zero Company Benchmark 2.0
Climate Action100+ assesses companies against the Net Zero Company Benchmark, which was produced in close consultation with investors and has been updated to ensure that it continues to effectively support investors’ engagements.
Recent enhancements embed a stronger focus on emissions reductions, alignment with 1.5°C pathways and the robustness of transition plans.
Australasian Region Focus Companies
Climate Action 100+ focuses on the biggest public company emitters. In Australasia this includes companies in the Cement, electric utilities, diversified mining, steel, chemicals, oil & gas, airlines, other industrials, consumer goods & services sectors.
Adbri Limited
AGL Energy
BHP Group
Bluescope Steel
Boral
Dyno Nobel (formerly Incitec Pivot Limited)
Orica
Origin Energy
Qantas Airways
Rio Tinto
Santos
South32
Wesfarmers
Woodside Petroleum
Woolworths Group
Key Developments for Phase Two
The initiative’s new phase, launched in June 2023,
- updates its core goals,
- improves and expands the ways investors can participate,
- enhances the investor engagement model, and
- updates the list of focus companies to reflect changes like mergers and acquisitions.
The new phase, running until 2030, shifts the focus from corporate climate-related disclosure to the implementation of climate transition plans. It intends to inspire a global scale-up in active ownership.
Latest Corporate Engagement News, Resources, and Events.
Submission: Safeguard Mechanism reforms for industrial transformations
Submission | Bethany Richards, Francesca Muskovic | 14 October 2026
The Safeguard Mechanism (SGM) works well in delivering abatement while keeping compliance costs low, but it does little to support or incentivise on-site abatement and the transition to resilient and competitive low-carbon industries. The review of the SGM presents an opportunity to accelerate Australia’s energy transition, strengthen energy resilience and support industrial competitiveness and development.
Submission: Safeguard Mechanism reforms for industrial transformations
14 October 2026
IGCC proposes reforms that will improve the Safeguard's ability to support on-site emissions reductions and create a productive, futureproofed industrial base that can serve the Australian economy to Net Zero and beyond, addressing transition barriers that inhibit companies from deploying near-term abatement technologies, and demonstrating efficiencies that can be gained by introducing more nuance into the scheme.Roman Davas-Fahey
As Analyst, Corporate Engagement, Roman supports the coordination of collaborative and systemic investor engagement initiatives that drive company-level decarbonisation outcomes. Roman’s experience spans extractives governance, anti-corruption, climate governance, and sustainable agri-food systems. He holds a Master of Environment from the University of Melbourne, specialising in sustainable business, environmental policy, and governance.
Expanding the Investible Market for Adaptation
Guide | Fergus Pitt | 19 August 2026
How institutional investors can create value by prioritising climate resilience.
Safeguard Mechanism Reforms: How to Futureproof Industry
17 August 2026
New modelling by EY shows the lowest-cost, most-efficient settings for the Safeguard Mechanism to guide Australia's industrial base to long term success.