Download Adapting to climate change - Australian Industry Group

Survey
yes no Was this document useful for you?
   Thank you for your participation!

* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project

Document related concepts

Climatic Research Unit documents wikipedia , lookup

ExxonMobil climate change controversy wikipedia , lookup

Climate resilience wikipedia , lookup

Climate sensitivity wikipedia , lookup

Politics of global warming wikipedia , lookup

Climate change denial wikipedia , lookup

Economics of global warming wikipedia , lookup

Climate change adaptation wikipedia , lookup

Citizens' Climate Lobby wikipedia , lookup

Climate change and agriculture wikipedia , lookup

Climate engineering wikipedia , lookup

Attribution of recent climate change wikipedia , lookup

Solar radiation management wikipedia , lookup

Climate change in the United States wikipedia , lookup

Carbon Pollution Reduction Scheme wikipedia , lookup

Scientific opinion on climate change wikipedia , lookup

Media coverage of global warming wikipedia , lookup

Climate change in Tuvalu wikipedia , lookup

Climate governance wikipedia , lookup

Public opinion on global warming wikipedia , lookup

Surveys of scientists' views on climate change wikipedia , lookup

Climate change, industry and society wikipedia , lookup

Effects of global warming on humans wikipedia , lookup

Climate change and poverty wikipedia , lookup

IPCC Fourth Assessment Report wikipedia , lookup

Transcript
Adapting to Climate Change Risk
Financial Risk: Superannuation
Suzanne Findlay
15 November 2007
1
Adapting to climate change
• As an organisation
– Our members
• As an investor
– UNPRI
– Direct and indirect investments
2
Organisation and members
• Melbourne office rated 4.5 stars
– ISPT as manager and investment
• Sustainability committee
– Australian Greenhouse Challenge Plus
• Less than 1% of fund in sustainable options
3
Investments
• We have signed the UN Principles for Responsible
Investing (UNPRI)
– Environmental Social Governance (ESG) issues
• Equity managers
– Consideration of ESG
– Companies not held by any managers
– Engagement by Advisors (ACSI)
• Direct investments
– CSIRO Infrastructure climate change report
– Pacific Hydro, bio diesel, ethanol
4
Under UNPRI, we will
1. incorporate ESG issues into investment analysis
and decision-making processes
2. be active owners and incorporate ESG issues
into our ownership policies and practices
3. seek appropriate disclosure on ESG issues by
the entities in which we invest
4. promote acceptance and implementation of the
Principles within the investment industry
5. work together to enhance our effectiveness in
implementing the Principles
6. each report on our activities and progress
towards implementing the Principles
5