La Trobe Financial, certified as Carbon Neutral by Climate Active for the 3rd year running

Chris Andrews

Australia’s premier alternative asset manager, La Trobe Financial, proudly announces the re-certification of its carbon neutral status by Climate Active, a renowned certification program endorsed by the Australian government.

This achievement reaffirms La Trobe Financial’s commitment to sustainability and positions the company as a force for good in the financial services industry.

Commenting on the firm’s carbon status, La Trobe Financial’s CEO, Mr Chris Andrews, expressed his pride in the re-certification, stating, “We are very proud to announce that we have, for the third consecutive year, had our carbon neutral status certified by Climate Active. As Australia’s premier alternative asset manager with in excess of $20 billion in AUM, this is an important achievement for the business of which I am immensely proud.”

La Trobe Financial’s commitment to sustainability extends beyond achieving carbon neutrality. Under the leadership of Andrews, the firm has set itself the goal to become 100% carbon zero by 2030. This strategic move demonstrates the company’s dedication to mitigating climate change and reducing its environmental impact.

Speaking of the transition, Lilian Chin, Director Client Partnerships & ESG at La Trobe Financial stated “By transitioning to 100% renewable energy from the grid, we expect to reduce our annual carbon footprint by a significant 18%. Additionally, by proactively adopting renewable energy sources starting in 2024, we have made significant progress in minimising our Scope 2 carbon emissions”.

Climate Active’s certification program is recognised globally for its stringent standards and comprehensive assessment process. La Trobe Financial’s re-certification underscores the company’s ongoing efforts to measure, reduce, and offset its carbon emissions. By participating in this program, La Trobe Financial demonstrates its commitment to transparency and accountability in addressing climate change.