Responsible climate action for a healthy economy

We want to see a national commitment of:
  • At least a 45% reduction in emissions by 2030
  • A net zero 2050 goal in line with the Paris Agreement

Who's in?

21
Participants
$919
Billion under management
5.2
Million Australian beneficiaries and members
34
Actions and counting

Who’s Involved

Foundational Supporters

Participants

As a participating signatory,
you can commit towards any or all of these actions:

Integrating
Paris-aligned emissions reduction goals into your organisation’s investment policy or business strategy
Collaboration
between investors, clients and companies to deliver absolute emission reductions
Investing
in line with the goals of the Paris Agreement

Get involved

1. Sign up
with our simple form
2. Commit
to one or more actions
3. Join the league
and show your commitment to responsible climate action

Latest actions

Carbon Positive by 2025

We’re not just investing in property; we’re building better and more sustainable futures for our Investors, customers and communities. At ISPT, we recognise our duty…

Climate Neutral Business

New Forests will be climate neutral across our business operations for FY21 by purchasing carbon offsets from high quality projects in 2022.

Reducing emissions

New Forests will report the full carbon emissions and removals (Scopes 1-3) inventory for our corporate operations and investment portfolio. We will also publish a…

Investment Manager Engagement on Emissions Reduction

In FY22, HESTA will engage with its external investment managers in all relevant asset classes to advocate for actions that support management of transition risks…

QIC Global Infrastructures sets Net Zero Emissions target by 2040

In November 2021, QIC Global Infrastructure formalised its net zero emissions commitment for the two pooled funds it manages on behalf of its clients, representing…

Carbon neutral across our business operations

Pendal aims to be carbon neutral across our business operations and to achieve Climate Active Certification – this includes developing and implementing a program to…

Climate Action 100+ engagement

Regnan, a wholly owned subsidiary of Pendal Group, also continues to support the involvement of its clients in CA100+ as well as running a number…

Corporate Engagement program on Climate Change

Pendal actively engages with portfolio companies both directly and in collaboration with other industry actors. This action builds on Pendal’s existing commitment to Climate Action…

Develop a Group-level Net Zero ambition and decarbonisation strategy

Develop a Group-level Net Zero ambition and decarbonisation strategy that aligns our FUM with the objectives of the Paris Agreement. This strategy will be part…

Reducing carbon intensity of the assets we invest in

We are committed to reducing the carbon intensity of the assets we invest in by 50% by 2030 vs a 2019 baseline.

Engaging with highest financed emitters

We are committed to voting and engaging with our investee companies to drive change and transition our real assets. We will engage with our highest…

Providing net zero solutions

We are committed to increasing the proportion of assets flowing into our net zero directed investing solutions. Around 30% of our AUM is currently expected…

Seeking real world emissions reduction

IFM’s Climate Change Strategy underpins our commitment to net zero by 2050. We are currently working on a number of initiatives including making enhancements to…

Continuing to Implement TelstraSuper's Climate Change Action Plan

In March 2021, TelstraSuper released its Five-Pillar Climate Change Plan, which includes 25 actions to be taken across our portfolios and operations. As part of…

Science alignment and coverage of targets

In conducting U Ethical’s equity portfolio climate target analysis for 2021, we noticed a poor “effective coverage ratio” among Australian listed companies. In our view,…

VFMC Climate Change Position Statement

VFMC believes the impacts and effects of climate change are systemic in nature and pose widespread risks to human and societal wellbeing, ecological health and…

Increasing capital allocated to climate solutions

Aware Super commits to investing at least $100m in green bonds

Corporate engagement on climate change

Aware Super commits to engaging directly with at least 5 ASX listed companies to improve their climate strategies and commitments to net zero (this could…

Commitment to carbon neutral business operations

Aware Super commits to achieving Climate Active Certification, a voluntary standard administered by the Federal Government, in its own operations. As part of this certification,…

Manage portfolio to Net Zero emissions by 2050

AustralianSuper has made a Board approved commitment to achieve Net Zero carbon emissions in its investment portfolio by 2050. The Fund is implementing a comprehensive Net…

Net zero by 2040 for our private sector investments

Australian Ethical Investment has strengthened its climate targets, with a 2040 net zero target for our private sector investments. We use our investment capital and…

Renewable electricity

In FY23, 30% (or more) of our base building power for all assets under our financial control will be from renewable electricity sources.

Unlisted Decarbonisation Plans

UniSuper will work with its unlisted property and infrastructure investments to put in place Paris aligned decarbonisation strategies for each investment. This commitment will apply…

Scenario Analysis

A narrative scenario analysis will be performed, outlining what a 1.5, 2, and 3-degree future could look like for our investment portfolio and our members,…

Subject to approval by Active Super’s Board, setting an interim target by 2030.

In July 2021, Active Super completed an Emissions Policy which sets a long term target of net zero emissions by at least 2050. This requires…

2028 Net Zero Carbon Target

In February 2021, Stockland announced its plan to accelerate its net zero carbon commitment to 2028 – two years earlier than previously committed – and…

Thermal Coal Phase-out

Allianz is removing thermal coal from proprietary investment and underwriting portfolios. In 2021, we ceased insuring or investing in infrastructure facilities that derive more than…

$20 billion of new Certified Responsible Investment products by 2030 that have zero fossil fuel industry investment

Teachers Mutual Bank Ltd is the only Australian bank with all of its retail deposits, mortgages and wholesale funding certified as responsible investment by the…

Climate Change Action Plan

In March 2021, TelstraSuper released our Five-Pillar Climate Change Plan, which includes 25 actions to be taken across our portfolios and operations. As part of…

Active ownership and engagement with top 10 holdings contributing to carbon exposure.

U Ethical commits to prioritising further engagement with the top 10 portfolio holdings that contribute to the carbon footprint of the Australian Equities Trust –…

Carbon Neutral Pathway: Better Futures Today

We’re not just investing in property; we’re building better and more sustainable futures for our Investors, customers and communities. At ISPT, we recognise our duty…

Climate Change Roadmap: Beyond 2020

In August 2020, Cbus released a new Climate Change Position Statement and a new Climate Change Roadmap: Beyond 2020.  In doing so we have set…

1.5°C-aligned real assets

Our vision is to live in a world warmed by no more than 1.5ºC and to be responsible for creating measured social value on the…

Have investments of more than $1 billion in renewable energy projects by the end of 2022

As a large investor of capital, AustralianSuper can lower carbon intensity by investing into lower emissions companies, such as those in the renewable energy sector.…

2030 portfolio-wide carbon reduction target

HESTA has committed to reducing the absolute carbon emissions in its investment portfolio by 33% by 2030 and to be net zero by 2050 in…

2028 net zero emissions target across QIC’s core retail properties

Queensland Investment Corporation (QIC) Global Real Estate will achieve net zero carbon emissions for core Australian retail assets by 2028. Our proactive and data-driven approach…

Pathway to 2030 Science Based Target

Through our company engagement program, Active Super requested Woolworths define the pathway to meet a Science Based Target commitment to reduce greenhouse gas emissions by…

Climate neutral business

New Forests aims to be climate neutral across our business operations. The company is currently measuring its business and investment greenhouse gas emissions and will…

Designing new opportunities to finance the transition

Pollination has partnered with HSBC Global Asset Management with the ambition to create the world’s largest dedicated natural capital asset management company. The joint venture intends…

2030 Paris-aligned emissions targets across Aware Super’s equity portfolios

Targeting a minimum 30% reduction in emissions in Aware Super’s listed equities portfolio by 2023, which will also incorporate the introduction of a new low-carbon…

Climate Action 100+ engagement

Pendal Group joined Climate Action 100+ (CA100+) in 2018 and is part of the investor groups engaging Santos to reduce emissions across their value chain,…

Net zero portfolio emissions by 2050

Australian Ethical has set a target of net zero emissions by 2050 for our investments. We have committed to set nearer term reduction targets as…

Climate Action 100+ company engagement with Qantas and BlueScope Steel

VMFC joined the Climate Action 100+ initiative in April 2020 and is now part of the investor groups actively engaging with Qantas and BlueScope Steel…

Reducing carbon in equity portfolios

AustralianSuper integrates climate change in its investment policy, process and disclosures and is working to consistently reduce the carbon exposure in its equities portfolios: Climate…

FAIRR Sustainable Proteins collaborative engagement

FAIRR is a global network of investors addressing ESG issues in protein supply chains. ASI is actively involved in collaborative engagements with FAIRR, including with…

Annual ESG reviews across all asset classes

Active Super assesses and monitors ESG risk across our entire portfolio in all asset classes via annual reviews. We assess ESG integration and correlation with…

Portfolio decarbonisation strategy

UniSuper has set portfolio targets to encourage the rapid decarbonising of our economy in line with the aims of the Paris agreement. These include: Net…

Collaborative engagement

Aware Super commits to be an ongoing participant in the Climate Action 100+ initiative, and a lead investor engaging with Santos, Origin and AGL.  We…

Integrating climate change into our investments

ASI has put in place a comprehensive, global approach to integrating climate change considerations into investment decisions, including in our Australian portfolios. This includes: Governance…

Climate Action 100+ company engagement with Qantas and Boral

The Queensland Investment Corporation joined the Climate Action 100+ initiative in June 2020 and we commit to be an ongoing participant. We are a support…

Collaboration to advance forestry as a climate solution

New Forests believes that corporate and investment in greenhouse gas (GHG) accounting frameworks do not accurately capture the role of carbon removals by forests and…

Comprehensive climate change engagement

AustralianSuper has identified the most emissions intensive companies in its portfolio and developed an engagement strategy seeking low carbon transition: AustralianSuper is a founder, global…

Carbon emissions and ESG risk reporting

Active Super (LGS) reports weighted average carbon intensity (expressed in tons CO2e /$M revenue as recommended by TCFD) and carbon emission figures for both the…

Partner of the Australian Industry Energy Transitions Initiative

AustralianSuper is a partner of the Australian Industry Energy Transitions Initiative (ETI) to work directly with some of Australia’s largest companies in hard-to-abate sectors to…

Demonstrate investable pathways to shift the forestry sector from an emissions source to an emissions sink

New Forests aims to work with clients to embed forestry investment into net zero commitments and will strive to report the climate impact of its…

Climate change engagement plan

HESTA has identified its 12 most emissions intensive ASX holdings based on analysis of its carbon footprint (being AGL, ORG, WPL, STO, BLD, S32, BSL,…

100% carbon neutrality

As part of our Carbon Neutral Pathway, ISPT has committed to future generations by taking immediate action on climate change with a 100 per cent…

Renewables, clean technology and transition technology investment

Invest up to $AUD150 million in renewables, clean technology and transition technologies across Aware Super’s Infrastructure and Private Equity portfolios in FY2021. Aware Super will…

Setting emissions reduction targets for individual assets in IFM’s Australian infrastructure portfolio

During FY2019, IFM Investors worked closely with its major Australian infrastructure assets and co-owners to establish emissions reduction targets and pathways through to 2030. IFM…