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Home News Superannuation

LGS certified as carbon neutral

The fund measures emissions, reduces them where possible, offsets emissions and publicly reports their results.

by Jassmyn Goh
July 9, 2020
in News, Superannuation
Reading Time: 1 min read
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Local Government Super (LGS) has been certified as carbon neutral through Climate Active which includes all employees, its Sydney head office, and its seven regional offices.

LGS said it measured emissions, reduced them where possible, offset emissions and publicly reported on the results.

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The fund’s head of responsible investment, Moya Yip, said LGS supported a number of carbon offset products.

These included a re-forestation project in New South Wales, the Rimba Raya biodiversity reserve project in Indonesia, and a wind power project in Rajasthan, India.

“These projects reflect our local and global outlook and they generate environmental, social and economic co-benefits,” Yip said.

“The carbon offset projects align with the United Nations Sustainable Development Goals and the values of our membership base.

“The projects deliver community benefits in the form of employment opportunities for the local population, especially for women in enterprise. They also raise living standards through clean water and solar energy as well as introducing innovations into local agriculture.”

 

Tags: Carbon EmissionsDecarbonisationLgsLocal Government Super

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