EG has signed a statement of commitment with the Investor Group on Climate Change (IGCC) to support their mission which recognises investors as key agents in facilitating the transition toward a climate-resilient, carbon zero economy by 2050.
IGCC is a collaboration of Australian and New Zealand investors focusing on the impact that climate change has on the financial value of investments.
Leading EG’s support in this important collaboration is our new Head of ESG, Ian Lieblich. Ian has previously served on the IGCC’s Policy & Advocacy Working Group, UNEPFI’s TCFD and Real Estate Working Groups, PCA’s Sustainability Committee, ANREV’s Sustainability Committee, and the City of Sydney’s Better Buildings Partnership. He has also been recently appointed to serve on the inaugural Real Estate Advisory Committee with the United Nations Principles for Responsible Investment (PRI).
“I’m excited about the present and future opportunities at EG to improve outcomes not only within the built environment, but more broadly for our investors as we collaborate to tackle climate change, the greatest challenge of our time.”
“Becoming a member of the IGCC allows us to work with some of Australia’s largest investors along the pathway to a climate-resilient, carbon zero economy.”
Collaborating with the IGCC will allow EG to develop and adopt best practice in disclosing climate risk and opportunities, in line with the recommendations of the Taskforce on Climate Related Financial Disclosure. EG expects to author its first Climate Risk Report in 2022.
EG recognises the importance of taking action on climate change and incorporating Environmental, Social and Governance (ESG) throughout the life cycle of the investment management process. To learn more, visit the responsible investing page on our website.