The Investor Group on Climate Change (IGCC) has been producing the annual State of Net Zero Investment report since 2018. It serves as a benchmark for evaluating the progress and practices of institutional investors in Australia and New Zealand regarding climate change and net-zero goals.

The report is based on survey responses from various firms, including superannuation funds, sovereign wealth funds, and asset managers, collectively managing trillions of dollars in assets. The survey questions are designed to align with the recommendations of the Net Zero Investment Framework (NZIF) and the Investor Climate Action Plans (ICAPs) Expectations Ladder.

The report’s purpose is to provide a comprehensive analysis of the investment landscape, highlighting trends, challenges, and opportunities in climate-aligned investing. It also serves as a valuable resource for policymakers, researchers, and other stakeholders interested in understanding the role of institutional investors in the transition to a net-zero economy.

Finance professionals can use this report to benchmark their own organisation’s climate-related investment practices against industry peers. It can also help them identify emerging trends and best practices in climate-aligned investing, informing their investment strategies and decision-making processes.