Topic: Investor Group on Climate Change

We All Have A Stake In Moving Forward With The Finkel Review

7 June 2017

The energy industry, its customers and other stakeholders agree: the imminent Finkel Review deserves full and fair consideration before governments take decisions that will have major implications for the security, reliability and affordability of Australia’s electricity system. Our organisations believe that the worst outcome for energy consumers and suppliers alike would be the absence of any credible and enduring energy and climate policy in Australia.

PARIS AGREEMENT REMAINS IN AUSTRALIA’S INTEREST – Australian Climate Roundtable

2 June 2017

The Australian Climate Roundtable today welcomed continued bipartisan commitment to the Paris Agreement. The Roundtable brings together representatives and advocates for a broad swathe of the community, including the Australian Aluminium Council, the Australian Conservation Foundation, the Australian Council of Social Service, the Australian Council of Trade Unions, the Australian Energy Council, the Australian Industry Group, the Business Council of Australia, the Investor Group on Climate Change, The Climate Institute and WWF-Australia.

Australian investors call for ongoing support for the Paris Agreement

2 June 2017

Investors are disappointed at the recent announcement by the Trump Administration to withdraw from the Paris Agreement, and call on the Government to stand by their commitment to tackling climate change. “The Paris Agreement is key to providing the long term policy signals that investors need to best tackle climate change.

Investor Climate Compass: Oil and Gas – Navigating Investor Engagement | GIC & CDP | May 2017

15 May 2017

The Investor Group on Climate Change (IGCC) is a collaboration of Australian and New Zealand institutional investors and advisors, managing over $1 trillion in assets under management and focusing on the impact that climate change has on the financial value of investments. IGCC aims to encourage government policies and investment practices that address the risks and opportunities of climate change.

New Investor Report: Oil & gas companies show progress on climate change, but laggards like ExxonMobil remain way behind

15 May 2017

In a new report, published today, global investors conclude that some of the largest global oil and gas companies such as Statoil, Eni and Total are well ahead of others like ExxonMobil when it comes to climate change management and disclosure. Investor Climate Compass: Oil and Gas – Navigating Investor Engagement is a joint report from the four investor networks that make up the Global Investor Coalition on Climate Change (GICand CDP.

Over 280 global investors (managing more than $17 trillion in assets) urge G7 to stand by Paris Agreement and drive its swift implementation

8 May 2017

282 long‐term institutional investors representing more than USD $17 trillion in assets have written to G7 heads of state urging governments to stand by their commitments to the Paris Agreement at their upcoming Summit in Taormina, Italy on May 26‐7. [/fusion_text][fusion_checklist icon=”” iconcolor=”” circle=”” circlecolor=”” size=”” divider=”” divider_color=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=””][fusion_li_item icon=””] Reiterate their support for and commitment to implement the Paris Agreement, including the delivery of their own Nationally Determined Contributions in full.

Transparency in transition: A guide to investor disclosure on climate change | IGCC & AIGCC | Apr 2017

12 April 2017

The Investor Group on Climate Change (IGCC) is a collaboration of Australian and New Zealand institutional investors and advisors, managing over $1 trillion in assets under management and focusing on the impact that climate change has on the financial value of investments. IGCC aims to encourage government policies and investment practices that address the risks and opportunities of climate change.

Asian and Australian investors launch major new guide on climate change disclosure

12 April 2017

Investor groups from Australia and Asia have come together to release a major new guide on climate change disclosure for institutional investors, the first to be released following the publication of the draft recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD). Developed by the Investor Group on Climate Change (IGCC – Australia/New Zealand) and the Asia Investor Group on Climate Change (AIGCC – Asia) Transparency in Transition: A Guide to Investor Disclosure on Climate Change is an essential building block to support investors and stakeholders in safely steering the global economy through a period of rapid and far-reaching transition, by better understanding the financial implications.

2017 Climate Change Policy Review an opportunity to address investment uncertainty

24 March 2017

The Investor Group on Climate Change (IGCC) welcomes the release of the 2017 Climate Policy Review Discussion Paper, as an important new opportunity to agree on a productive way forward. “After more than a decade of policy uncertainty, investors are hungry for a national climate change policy framework which delivers a degree of investment confidence”, said Emma Herd, Chief Executive Officer of the Investor Group on Climate Change.

We can climate-proof Australia, but we have to start now

21 March 2017

We can climate-proof Australia, but we have to start now Talk to any investor these days about climate and energy policy, and the level of frustration is evident. Current policy paralysis has stalled investment in additional renewable energy generation that is needed to replace ageing infrastructure, with cost implications for all Australians.