Engineering company Lincolne Scott has added Al Gore's sustainable fund to the investment options of its corporate superannuation fund.
According to Lincolne Scott managing director Che´ Wall, the decision to include the former US vice president's fund stems from concerns held by the company's staff and management about the lack of a sustainable investment option for members' superannuation funds.
"A sustainable investment option for our superannuation fund was a logical next step, essentially a chance to put our money where our mouths are," Wall said.
The announcement follows a retail distribution agreement between the former US vice president's company Generation and Colonial First State (CFS).
In May CFS agreed to add the Generation Global Sustainability Fund on an exclusive basisto its FirstChoice platform.
"We listened to the demand from clients such as Lincolne Scott and the result is an exciting investment opportunity not only for members of Lincolne Scott's superannuation fund, but for thousands of other investors in Colonial's First Choice platform," CFS chief executive Brian Bissaker said.
Generation was co-founded by Gore and former chief of Goldman Sachs Asset Management David Blood.
Macquarie Private Wealth was the financial adviser to the Lincolne Scott Corporate Superannuation Fund.
Lincolne Scott specialises in developing green buildings. The company's operations are climate neutral and its staff participate in a scheme that offsets their own personal greenhouse gas emissions.
