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, comparing an orderly and disorderly transition. This work will ensure our investment team has a solid understanding of the various risks and opportunities that exist under different futures and will feed into our decarbonisation strategy and our measurement of risk and opportunity within the portfolio. This work will be crucial in ensuring we are able to move towards meeting our 2030 emission reduction target, and our ultimate net zero 2050 goal.
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 new commitments targeting an ambitious 45% reduction in absolute portfolio emissions by 2030 and a commitment to net zero greenhouse gas emissions by 2050.
Cbus is a large investor in the global economy and can help direct the pathway towards a net zero emissions economy. We can do this by planning for and managing the impacts of the climate transition and to realise investment opportunities to protect and enhance our members investments. Our actions also have a flow on benefit to society and the broader economy in which our members work and retire.
Our new two-year roadmap to 2022 will continue to see climate pathways developed across sectors and asset classes, acknowledging the economy will decarbonise at different rates. We will develop a stranded assets framework, building on the Low Carbon Transition Score we have applied to our quantitative strategies, enabling us to reduce exposure or remove high risk climate holdings from our portfolio.
Latest Signatories
Stockland
Stockland is one of the largest diversified property groups in Australia – owning, developing and managing a large portfolio of retail town centres, workplace and…
Allianz
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
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.
Aware Super
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
Pendal Group is an independent, global active investment management with approximately $100 billion in assets under management.
Cbus
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
Pollination is a global climate change advisory and investment firm, accelerating the transition to a net zero, climate resilient future.
UniSuper
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
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
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…
ISPT
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…
Active Super
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
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
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
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
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…