Topic: Investor Group on Climate Change
20 April 2018
Unless the emissions reduction target is increased under the National Energy Guarantee, the policy risks failing to address investment uncertainty.
“Investors, energy companies and business groups have all acknowledged that the level of ambition under the National Energy Guarantee can and should be increased”, said Emma Herd, Chief Executive Officer of the Investor Group on Climate Change.
18 April 2018
With the COAG Energy Council meeting later this week to consider the National Energy Guarantee, our organisations call for further progress to be made towards designing a workable solution which addresses emissions reduction, reliability, and affordability across our energy system.
Australian industry and households alike require competitively priced energy. Reliable supply is critical to our economy and society.
8 March 2018
The Investor Group on Climate Change (IGCC) notes the release of the Australian Government response to the
Senate Economics Reference Committee report: Carbon risk: a burning issue.
In its response to the Inquiry’s final report, the Federal Government has confirmed that there are no legislative barriers to the full adoption of the recommendations of the Financial Stability Board Task Force on Climate-related Financial Disclosures (TCFD) in corporate reporting.
28 February 2018
Investor briefing: The National Energy Guarantee | Emma Herd, CEO, IGCC
On February 15, the Energy Security Board released a Consultation Paper for input on the development of the National Energy Guarantee (NEG).
It builds on the high-level proposal released in October 2017, setting out a framework to apply an emissions obligation and a reliability obligation to energy retailors.
19 December 2017
It’s all about money as global investors drive low-carbon transition
This article was first published on Renew Economy on 14 December 2017. If the previous decade has seen the climate change space occupied by activists, scientists, denialists, and fossil fuel companies, a coordinated push from investors for derisked portfolios, is setting the stage for a very different 2018 and beyond.
19 December 2017
Investors were looking for a plan for the future in the 2017 Climate Change Policy Review to manage climate-related financial risk and unlock new investment. But they didn’t get it.
Commenting on the Review, Investor Group on Climate Change Chief Executive Officer Emma Herd stated: “The 2017 Climate Change Policy Review doesn’t deliver the long term market signal that investors are looking for.
12 December 2017
Australia and New Zealand’s biggest institutional investors have joined more than 225 global investors with over US$26 trillion in assets under management to engage the world’s largest emitting companies to act on climate change.
Climate Action 100+ launched today by five investor organisations in Paris at the One Planet Summit hosted by President Macron, is a new five-year project harnessing the weight and influence of global investors to engage the world’s largest greenhouse gas emitting companies on climate action.
21 November 2017
Representatives of Australia’s businesses, communities, environment, the energy industry, and workers are calling on the Commonwealth and States to work together in good faith and a spirit of compromise to make further development of the National Energy Guarantee (the Guarantee) their top priority.
Australia is suffering unsustainably high electricity prices and rising emissions, and our reliability and cost challenges will worsen if the retirement of aging generators is not managed well.
13 November 2017
Bonn, November 13, 2017. The US government may have announced plans to pull out of the Paris Agreement but this has not derailed climate progress around the globe as investors, governments and other stakeholders look to ramp up their climate commitments at COP23.
According to a new survey published in September by financial market researchers East & Partners on behalf of HSBC, institutional investors are gearing up to plough increasing amounts of cash into the low carbon transition, with two-thirds saying they plan to increase their level of investment in climate mitigation efforts.
1 November 2017
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