Investor Practice
- integrate climate risk and opportunities in their investment processes, and
- manage their portfolios in line with net zero.
Through working groups, resources, and masterclasses we provide a forum to share experiences, and access to international experts, peer learning, and the latest technical guidance.
Our approach and tools mainly draw on the Net Zero Investment Framework (NZIF) – a globally recognised and widely used methodology by and for investors who have made a net zero commitment .
The team works with IGCC members on implementing net zero commitments and translating those into leading climate-related practices.
For Members
We bring a collaborative approach, supporting Australian and New Zealand investors to accelerate climate progress through;
- enhanced climate change policies;
- implementing an Investor Climate Action Plan (ICAP); and
- commencing or expanding climate in line with emerging global standards.
One to One Engagement
To identify opportunities with our members for further upskilling, development, and progress.
Signatory Support
Preparation and pre-work to become a signatory of NZAM or PAAO.
Masterclasses
Open masterclasses for all members, leading deep-dives on the most pressing climate-finance topics.
Thought Leadership
And roundtables on topical issues with member-led discussions.
Steps Along the Net Zero Journey
Starting
- Join working groups
- Self-assess using the ICAP’s expectation ladder
- Develop an action plan
Implementing
- Participate in working groups and masterclasses
- Contribute to IGCC’s policy advocacy
- Track progress in the yearly survey
- Set public net-zero targets
Leading
- Propose and lead IGCC member-led activities
- Contribute to thought leadership
- Move into higher tiers of the ICAPs ladder
- Join a net zero alliance
For the full journey for members, including details on investor transition plans, frameworks, methodologies, and alliances, download our full guide:
Working Groups
Where we share information, build capacity, and work on collaborative projects with members.
Investor Practice
Chair: Claire Molinari & Guneet Rana
Develops investor solutions for facilitating Australia and New Zealand’s transition to a net zero economy, and tracking global progress.
Climate Solutions Subworking Group
Chairs: Mike Harut (Munro Partners), Allison van Lint (Cbus)
Fosters practical discussions among investors to enhance investment in climate solutions. The group supports members to improve understanding and practices related to climate investment, facilitating knowledge-sharing within the investor community
Real Assets Subworking Group
Chairs: Rick Walters (Aware Super) and Tim Gretch (QIC)
The group aims to enhance investors’ understanding and capabilities regarding decarbonisation efforts and the management of physical climate risks associated with real assets (real estate and infrastructure). This group focuses on applying and contributing to the development of specific frameworks and guidance, namely the Net Zero Investment Framework (NZIF 2.0) and the Physical Climate Risk Assessment Methodology (PCRAM).
Annual State of Net Zero Survey
Our annual State of Net Zero Survey identifies how Australian and New Zealand institutional investors are acting on climate risk and opportunities. It also sheds light on the barriers and challenges that are preventing faster progress.
The Australian 2026 report:
- 55 institutional investors
- managing $3.5 trillion in Australia
- both IGCC members and non-members
The New Zealand 2025 sample:
- 27 Respondents
- managing A$263 billion in New Zealand (more than half the total AUM in New Zealand)
- both IGCC members and non-members
Each year investors are making more progress, but we know that acceleration is crucial for meeting climate goals, and serving their beneficiaries.
The good news is that there are now excellent tools and collaborative initiatives that investors can and must use to move faster than ever before.
Helping investors set and reach 2030 milestones is core to IGCC’s work, as is building resilience to the physical risks from climate change.
Rebecca Mikula-Wright
Chief Executive Officer
Asia Investor Group on Climate Change (AIGCC). Investor Group on Climate Change (IGCC)
Global Climate Investment Initiatives
The Investor Group on Climate Change is the exclusive secretariat in Oceania for the Net Zero Asset Managers (NZAM) initiative and Paris Aligned Asset Owners (PAAO) initiative, the two leading global investor-led efforts to bring about a net zero future.
With more than 350 investors committed globally, the two initiatives catalyse financial flows to support decarbonisation and investment in climate solutions.
Under the initiative asset managers and owners;
- set interim targets to progressively reduce emissions to net zero by 2050 and align assets with a 1.5°C pathway;
- develop and implement climate action plans;
- undertake stewardship such as engaging with investee companies and other assets;
- engage with policy makers; and
- report annually on their strategy and progress.
The initiatives are partners to the UN Climate Champion’s Race to Zero campaign and alliances of the Glasgow Finance Alliance for Net Zero (GFANZ).
Net Zero Asset Managers (NZAM)
The Net Zero Asset Managers initiative includes 301 investors representing more than US$59 trillion in AUM.
Signatories commit to supporting investing aligned with net zero emissions by 2050 or sooner, in line with global efforts to limit warming to 1.5°.
Paris Aligned Asset Owners (PAAO)
The Paris Aligned Asset Owners initiative includes 56 asset owners with more than US$3.3 trillion in AUM.
Signatories commit to transitioning their investments to achieve net zero portfolio emissions by 2050 or sooner, drawing on the Net Zero Investment Framework to set targets, and publishing a climate action plan.
Australian and New Zealand NZAM and PAAO signatories:
17
5
$427bn
The Net Zero Investment Framework
The IGCC investor practice team provides guidance on implementing the Net Zero Investment Framework (NZIF) – the leading methodology used by investors globally to set public targets and devise a net zero strategy.
The framework was developed with extensive investor input and accommodates a variety of markets and regulatory settings. The framework is a recognised methodology under the global net zero alliances and includes bespoke asset class supplements.
Key Contact
Contact Lisa Caripis for information: Email [email protected].
Latest Investor Practice News, Resources, and Events.
Expanding the Investible Market for Adaptation
Guide | Fergus Pitt | 19 August 2026
How institutional investors can create value by prioritising climate resilience.
State of Net Zero Investment 2026
Report | Investor Group on Climate Change | 18 June 2026
The market’s most insightful report on how institutional investors are looking at climate risks and opportunities.
State of Net Zero Investment 2026 Now Available
18 June 2026
New data from 55 investors locally managing A$3.5 trillion
New guide supports defensible physical climate risk assessments for infrastructure
18 May 2026
Resilient Infrastructure: Physical Climate Risk Assessments for Defensible Decision‑Making provides practical guidance for investors, companies and service providers to assess physical climate risks in a way that supports defensible decision-making and real-world resilience outcomes.Resilient Infrastructure: Physical Climate Risk Assessments for Defensible Decision‑Making
Guide | Timothy Grech and Kate Simmonds | 15 May 2026
Practical guidance for investors, companies and service providers supporting defensible decision-making and real-world resilience outcomes.The guide defines what a defensible physical climate risk assessment looks like in practice and sets out a clear, consistent approach to improve transparency, comparability, and technical rigour.