The Local Government Superannuation Scheme (LGSS) has stepped up its green energy initiative, implementing 100 per cent green energy to nine of its properties.
"We are declaring our position as part of the debate on climate change. Therefore, we are taking positive actions to reduce our greenhouse gas emissions to a carbon neutral stance across all our activities," LGSS chair Brian Harris said.
In February, the superannuation fund announced that it would require all tenants to sign a new lease agreement committing them to using renewable energy.
"In the longer term we hope to see a co-operative environment being developed with all our tenants to participate in sustainable initiatives and further the substantial advances we have already made," Harris said.
Green energy will be supplied through existing electricity suppliers and the purchase of renewable energy certificates from Energy Australia, Climate Friendly and AGL. The clean energy policies will come into effect from July 1.
LGSS's $500 million portfolio includes office buildings in North Sydney, St Leonards, Sydney's central business district and Macquarie Park. Additional properties are located at industrial states at Frenchs Forest and Macquarie Park as well as shopping centres in Wagga Wagga and Leichhardt..
