The annual State of Net Zero report is Australia’s most credible and comprehensive analysis of institutional investors’ net zero investment practices. This year’s edition is based on survey responses from 63 firms managing AUD$5 trillion on behalf of Australian beneficaries. Approximately 87% of survey respondents are IGCC members.

The report is organised around the elements of the international best-practice Investor Climate Action Plan framework; Investment, Corporate Engagement, Policy Advocacy, Disclosure, and Governance. The IGCC has also included a chapter focusing on physical risk, given the need for rapid investor action in this area.

Key findings:

• Australian investors remain committed to climate action despite global and local headwinds.
• Investors are increasingly measuring financed emissions, even in traditionally challenging asset classes.
• Investors’ readiness for mandatory climate disclosures is mixed.