Strategy 1: Deliver value
Carbon management strategy
Through our carbon management activities we aim to increase awareness and effect behavioural change among all of our stakeholders - and ongoing education of our employees and members is an important part of this. Ultimately, our aim is to ensure that we, and the companies we invest in, are reducing carbon emissions to be best placed for the future that we all share.

Australia's economic landscape is changing, with a price on carbon set to be introduced as early as 2010. This major reform echoes emerging overseas trends and will affect company profitability in all industry sectors. Super funds like VicSuper Fund, with money invested across all sectors, are not immune to the impacts of climate change.
In recognition of this, we continued our action in this area during 2007/08, developing a draft carbon management strategy for the investments in VicSuper Fund and releasing the VicSuper Carbon Count report to highlight the importance for business of disclosing carbon emissions.
Morevoer, we have calculated carbon emissions to report on member's benefit statements and will do so again in 2008/09. Understanding and communicating the carbon footprint of our investments is a key milestone on our way to building a sustainable super fund. It will also help us to continue addressing the investment risks and opportunities that climate change and other sustainability challenges present to VicSuper Fund assets.
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