The AU$12 billion IFM Australian Infrastructure Fund, managed by IFM Investors, is working to reduce carbon emissions at some of Australia’s leading ports, airports and electricity infrastructure. IFM Investors is a leading global infrastructure manger which has Australia’s largest portfolio of high-quality infrastructure assets including, Ausgrid, Brisbane Airport, Melbourne Airport, Sydney’s Port Botany and the Port of Brisbane. CEFC committed AU$150 million towards the fund to help achieve meaningful carbon efficiencies in its Australian infrastructure portfolio.
The CEFC estimates that just a five per cent improvement across the assets in the portfolio would abate almost 69,000 tonnes of CO2-e annually. This is equivalent to removing 14,775 cars from the road each year, or providing electricity to 7,450 homes a year. IFM Investors, owned by 27 of Australia’s industry superannuation funds, invests on behalf of six million Australian workers and approximately 15 million pension fund members globally.