Investing in line with the goals of the Paris Agreement
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 include committing to TCFD aligned reporting; setting targets that are Paris aligned)
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, our commitments include:
- entering a licence agreement confirming our commitment to achieve carbon neutrality
- calculating the greenhouse gas (GHG) emissions generated by Aware Super operations
- developing and implementing an emissions reduction strategy
- offsetting any emissions by buying carbon offsets from activities or projects that remove, reduce or prevent the GHG emissions from being released into the environment
- arranging for independent validation of the carbon neutrality claim
- achieving carbon neutrality
- publishing a summary of our carbon neutral claim
- maintaining the licence agreement for ongoing certification
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 index.
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 will report on our progress for each company engagement plan – noting that all three have different 2020/2021 key priorities – through Climate Action100+.
Investing in line with the goals of the Paris Agreement
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 monitor how much capital is invested in renewables, clean technology and transition technologies across its infrastructure and private equity portfolios for the financial year ended 30 June 2021.
Stockland is one of the largest diversified property groups in Australia – owning, developing and managing a large portfolio of retail town centres, workplace and…
The Allianz Insurance Group is one of the world’s largest insurers with a proud 130 year history, providing support to over 100 million customers across…
TelstraSuper is Australia’s largest corporate, profit-to-member superannuation fund with more than $23 billion of funds under management on behalf over 85,000 members.
With $125 billion in funds under management, over one million members and 1,400 employees, we’re one of Australia’s largest industry funds providing superannuation, advice and…
Lendlease Funds Management
Lendlease’s Funds Management (LLFM) business manages $US36 billion in assets under management (AUM) comprised of property assets held across unlisted funds and separate mandates in…
Pendal Group is an independent, global active investment management with approximately $100 billion in assets under management.
Cbus manages over $54 billion on behalf of 770,000 members. Cbus is the leading super fund for building and construction in Australia. Our members build…
Teachers Mutual Bank Limited
Teachers Mutual Bank Limited is a globally recognised ethical company with profit for purpose as the business model and philosophy. One of Australia’s largest mutual…
Pollination is a global climate change advisory and investment firm, accelerating the transition to a net zero, climate resilient future.
UniSuper is the super fund dedicated to people working in Australia’s higher education and research sector. With more than 450,000 members and $80 billion in…
New Forests is a global sustainable forestry asset manager headquartered in Australia, with offices in New Zealand, Singapore and the United States. We are committed…
AustralianSuper manages $182 billion of members’ retirement savings on behalf of 2.3 million members from more than 330,000 businesses. One in 10 working Australians are…
Victorian Funds Management Corporation
Established under the Victorian Funds Management Corporation (VFMC) Act 1994, VFMC is a public agency that provides investment and fund management services to 29 Victorian…
U Ethical Investors
U Ethical is an investment manager with a difference. We believe in creating a better world by investing with purpose—today and into the future. Our…
For over 25 years our properties have been meaningful places for the retailers, companies, government departments and communities that use them. We generate returns for…
With over 85,000 members and more than $11 billion in funds under management, Active Super is the fund of choice for ethical and sustainable investments.
HESTA is the industry superannuation fund dedicated to Australia’s health and community services sector. More than half of those working in the sector nationally invest…
Australian Ethical invests $7 billion ethically for over 60,000 super members and investors. Guided by the principles of the Australian Ethical Charter, Australian Ethical invests,…
abrdn (formerly Aberdeen Standard Investments) is dedicated to helping investors around the world reach their desired investment goals and broaden their financial horizons. We seek…
IFM Investors was established in 1994, for the purpose of protecting and growing the retirement savings of our investors’ beneficiaries, who are millions of pension…
Queensland Investment Corporation
The Queensland Investment Corporation (QIC) is an investment manager specialising in alternatives offering infrastructure, real estate, private capital, liquid strategies and multi-asset investments. Collectively, QIC…