The Investor Group on Climate Change (IGCC) is a collaboration of Australian and New Zealand investors focusing on the impact that climate change has on the financial value of investments.
The IGCC represents institutional investors, with total funds under management of around $2 trillion, and others in the investment community interested in the impact of climate change on investments. The IGCC aims to encourage government policies and investment practices that address the risks and opportunities of climate change. They aim to:
- Raise awareness of the potential impacts, both positive and negative, resulting from climate change to the investment industry, corporate, government and community sectors;
- Encourage best practice approaches to facilitate the inclusion of the impacts of climate change in investment analysis by the investment industry; and
- Provide information to assist the investment industry to understand and incorporate climate change into the investment decision.
IGCC collaborate with similar investor organisations on climate change in Europe (the Institutional Investors Group on Climate Change), North America (Ceres) and Asia (Asia Investor Group on Climate Change) through the Global Investor Coalition on Climate Change.