Insurance Australia Group Limited (IAG)

2009 performance

September 2009

IAG's 2009 sustainability performance is available in HTML format.

2009 performance

2008 performance

October 2008

IAG's 2008 sustainability performance is available in HTML format.

2008 performance

Climate change solutions for Australia 2008

18 March 2008

The Australian Climate Group (ACG) was co founded by IAG and WWF-Australia in 2004 to make a case for urgent action in response to climate change. The ACG reconvened in 2008 to call for urgent action on emissions to minimise the risk of dangerous shifts in climate. The ACG released a report on 18 March 2008, which provides recommendations for Federal Government policy to address climate change.

The ACG's key recommendations to the Australian Federal Government are to adopt measures to:

stabilise national emissions by 2010 through both domestic measures and the purchase of international emissions reduction permits;
establish an emissions target for 2020 consistent with that of other developed countries (such as the European Union);
ensure that the emission trading scheme is designed such that the Australian Government is not burdened by failure of participants to comply with it; and
ensure that the national emission trading scheme is flexible enough to respond to new information quickly.

Climate change solutions for Australia 2008 (1MB .pdf)

Media release (44kb .pdf)

Climate change solutions for Australia 2004 (inaugural report) (1.01MB .pdf)

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Sustainability report 2007

November 2007

IAG's 2007 sustainability report is available in an online, interactive HTML format and in PDF format.

IAG sustainability report 2007—Full

IAG sustainability report 2007—Concise (2.19MB .pdf)

Sustainability report 2007
for IAG's New Zealand operation

November 2007

The 2007 sustainability report for IAG's New Zealand operation is available in an online, interactive format HTML and in PDF format.

IAG sustainability report 2007—New Zealand

IAG sustainability report 2007—New Zealand (1.35MB .pdf)

Insuring for sustainability—
Why and how the leaders are doing it

May 2007

United Nations Environmental Programme Finance Initiative (UNEP FI) Insurance Working Group has released its first major publication 'Insuring for sustainability—Why and how the leaders are doing it'. The report discusses why sustainability matters in insurance, identifies the key sustainability issues for the industry and outlines approaches being adopted by the world's leading insurers.

Insuring for sustainability (3.25MB .pdf)

Business for poverty relief—
A business case for business action

April 2007

IAG is a founding member of Business for Millenium Development, a forum of corporations including IBM, Visy, Grey Global Group, KPMG, The Fifth Estate and World Vision Australia.

Business for poverty relief (899kb .pdf)

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Sustainability report 2006

November 2006

IAG's 2006 sustainability report is available in an online, interactive format HTML and in PDF format.

IAG sustainability report 2006—Full

IAG sustainability report 2006—Concise (608kb .pdf)

Sustainability report 2006
for IAG's New Zealand operation

November 2006

IAG sustainability report 2006—New Zealand (1.35MB .pdf)

Sustainability compact

3 July 2006

By signing the sustainability compact with the New South Wales Department of Environment and Conservation, IAG agreed to incorporate sustainable thinking into all business decisions and in turn the Government will provide IAG with greater access to resources and expertise that will help make our operations, supply chain and facilities even more environmentally sustainable.

Sustainability compact (471kb .pdf)

Myopia: Short-termism as a barrier to corporate sustainability

28 June 2006

Presented by Michael Hawker at a Green Capital Breakfast. The challenge for everyone in business is how to monetise what sustainability is in today's terms. The biggest problem is that people talk about long-term changes but they cannot put a financial value on them today. We have to be able to monetise future costs in today's terms.

Myopia: Short-termism as a barrier to corporate sustainability (40kb .pdf)

The business case for early action

6 April 2006

With broad consensus that climate change is real and that Australia needs to act to reduce greenhouse gas emissions, the Australian Business Roundtable on Climate Change has released a report which shows significant reductions in greenhouse gas emissions can be achieved at an affordable cost to the Australian economy.

The business case for early action (878kb .pdf)

IAG submission to the Stern review on the economics of climate change and development

2 February 2006

IAG considers that the seriousness of the threat of climate change warrants further action at the local, national and international level. Climate change is a global issue and it must therefore be addressed globally—national governments, communities and business must work together to deliver policy, markets and community action to achieve deep cuts in GHG emissions.

IAG submission to the Stern review (105kb .pdf)

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