Listed equity: Allocation to specific mandate to invest in companies generating at least 50% of revenues or deploying at least 50% of capital to the environmental sector (renewable energy, water treatments, waste and resource management, efficiency).
Fixed income - SSA: Allocation to Green or Climate Bonds issued by Supranational Agencies such as the IFC and European Investment Bank.
Private equity: Two mandates in a well-diversified 'clean technology' private equity 'fund-of-fund' investing in early stage and growth technologies in the area of environmental, resource and low carbon products and services.
Property: We purchase 100% GreenPower for all base building electricity requirements across our portfolio. We have also installed solar panel arrays at 4 of our properties, with plans to expand this where feasible.
Infrastructure: A small component of our infrastructure assets is invested in wind farms and hydro-electricity.
Hedge funds: LGS has allocated investment to a fund that invests in the Australian electricity wholesale market and related derivatives including renewable energy certificates and/or any other environmental related markets. The purpose of the fund is to increase our knowledge of the electricity markets and act as a form of hedge against rising power prices which may occur due to extreme weather events.