Australian Retirement Trust (ART) commits to invest at least $2 billion in impact investments by 2030, starting with a nearly $1 billion stake in the Macquarie Green Energy and Climate Opportunities Fund.

Information on the Target

The Australian Retirement Trust (ART) is committed to significantly enhancing its impact investment strategies, with a goal of deploying at least $2 billion by the year 2030. This investment is aimed at acquiring assets that not only offer returns for its members but also foster social and environmental benefits in key areas prioritized by ART.

As part of this ambitious impact investing initiative, ART's inaugural major investment is nearly $1 billion into the Macquarie Green Energy and Climate Opportunities Fund (MGECO). This fund encompasses both Australian and international assets, including notable projects such as Aula Energy, which operates active renewable initiatives in various Australian states, including the Boulder Creek Wind Farm located near Rockhampton.

Industry Overview in Australia

The renewable energy sector in Australia has seen dramatic growth over the past few years, fueled by both government support and increasing public awareness of climate change issues. With abundant natural resources and a strong policy push towards renewable