Monday, August 26, 2019

Industry super forces 2030 emissions target on key infrastructure assets

Some of Australia's top infrastructure companies have agreed to cut their carbon emissions by up to 100 percent by 2030 as industry superannuation weighs in on climate change risks.

IFM investors, which manages more than $140 billion for industry super funds, has convinced companies it owns or co-owns to increase their use of electric cars, LED lighting and rooftop solar systems. 

Companies cutting back on their emissions include giant energy network Ausgrid, Melbourne Airport, Brisbane Airport and NSW Ports. 

IFM's director of responsible investments Chris Newton speaks with ABC's Peter Ryan.

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