Morrison & Co targets decarbonisation as investment strategy
Driving clean energy standards across social and economic infrastructure
Morrison & Co Growth Infrastructure Fund is focused on growth infrastructure and investments using a sustainability approach, acquiring and managing a range of essential assets where there is potential for significant improvement in energy use.
Scope 1 and 2 emissions by 2030
With our fundamental belief in decarbonisation as an investment strategy, we see the CEFC as an ideal partner for this fund. Morrison & Co has been investing in renewable energy for over 20 years and we are convinced that applying the decarbonisation and energy efficiency lens to a broader set of infrastructure assets will generate better long-term investment outcomes. We are excited to be working with the CEFC to lead the infrastructure sector in this new direction.Paul NewfieldHead of Australia and NZ, Morrison & Co
The CEFC is investing $150 million in the Morrison & Co Growth Infrastructure Fund, which focuses on decarbonisation as a key investment strategy.
The CEFC investment focuses on Australian assets within the fund.
The challenge of infrastructure decarbonisation
Australia’s infrastructure sector, which delivers a range of critical services across the economy, also plays a role in producing some 70 per cent of our national greenhouse gas emissions, according to analysis from Climateworks Centre.
Efficient, rapid and wide-scale decarbonisation of the infrastructure sector requires active collaboration between asset owners and infrastructure users, together with industry bodies.
Targeting essential assets and net zero outcomes
Morrison & Co is applying its decarbonisation and energy efficiency lens to a broad set of infrastructure assets through its Growth Infrastructure Fund to generate better long-term investment outcomes. These essential assets range from hospitals and healthcare clinics to data centres, carbon farming, retirement and aged care accommodation, student housing and renewable energy.
Morrison & Co Growth Infrastructure Fund is targeting net zero for Scope 1 and 2 emissions by 2030, using private capital to play a role in the spearheading emissions reduction and energy efficiency to generate better long-term investment outcomes.
Read our Insight
Australian infrastructure in the race to net zero
How can infrastructure funds support Australia’s net zero ambitions? The CEFC is working with some of Australia’s leading funds to decarbonise substantial infrastructure portfolios, influencing the clean energy standards of a range of major social, economic, transport and electricity infrastructure assets.Read more