We’re on track for a carbon-neutral portfolio by 2030

We’ve made exciting progress towards our goal for a carbon-neutral portfolio by 2030.

Last year we announced an ambitious target: a carbon-neutral portfolio by 2030. The climate warnings are clear, and we can’t ignore them — it’s time for drastic action. As well as the environmental impact, inaction on climate means economic systems will face major disruption. We need to make a paradigm shift in our economic models to protect our members’ retirement savings.

We are delighted to announce that our work over the last 12 months has confirmed that a carbon-neutral investment portfolio by 2030 is achievable. We’ve also set an interim target: by 2025, we aim to reduce carbon in our portfolio by 35%. By using the collective capital of committed NGS members, we will support companies building sustainable, lower carbon businesses, while aiming to improve on current average long-term investment returns to secure the retirement of our members.

As we continue towards our target, we maintain our core purpose to act in the best financial interests of our members. As an Industry SuperFund, this duty is paramount and is considered and reflected in all the work we do.

Since making our announcement just over 12 months ago, we’ve hit the ground running and have made exciting progress towards our goal. We’ve recently released a comprehensive member update to let you know what we’ve done so far and what this work tells us.

We’re proud of the work we’re doing in this space — our carbon-neutral by 2030 target is yet to be matched by any other super fund. We hope that our ambition and achievements encourage others to take greater steps towards a brighter future for us all.

You can get up to date with our progress and find out what we’ve achieved so far at ngssuper.com.au/cnupdate

If you’d like to chat with our team, you can call our Helpline on 1300 133 177 Monday to Friday, 8am–8pm (AEST/AEDT).