Understanding Australian Infrastructure Carbon Reduction Initiative 2 Understanding Australian Infrastructure Carbon Red | Page 7

Ian Learmonth, CEFC CEO, said: “These infrastructure assets will operate for generations, with the
targeted emissions reductions having the potential to make a material impact on cutting Australia’s
carbon footprint.
We congratulate IFM Investors and the asset managers for their leadership in lowering emissions and
ensuring their businesses are making an important contribution to Australia’s abatement task.”
The emission cuts will be achieved by an assortment of initiatives, including LED lighting, smart
management systems and energy efficient office spaces. But of course, rooftop and large scale solar will
do much of the heavy lifting, especially considering the sheer quantity of land and roof-space these assets
hold. And, moreover, the assets will actually be financially rewarded for their solar uptake in the energy
savings on such large facilities.
“This comprehensive program of activity sets an important example for other major infrastructure owners
and managers in Australia,” said Learmonth, “cutting carbon emissions can deliver a long-term dividend
to the environment and in most cases an improved financial performance.”
IFM Investors’ head of Australian Infrastructure Michael Hanna seconded the notion and added that this
initiative “represents a genuine commitment and start to aligning our assets to the Paris Agreement, and
it makes perfect business sense by reducing costs, mitigating future business risks and contributing to
outcomes that our customers value.”