Members of Low Carbon Australia's Carbon Neutral Program have been praised for avoiding more than 1 million tonnes of greenhouse gas pollution.

 

Parliamentary Secretary for Climate Change and Energy Efficiency Mark Dreyfus acknowledged the milestone at the Sydney Market Outlook - the property industry's event which brings together 500 representatives of Australia's largest commercial building owners and occupiers.

 

 

Companies including CBRE, ANZ, QANTAS, Virgin, National Australia Bank and Sensis have voluntarily joined the Carbon Neutral Program, which provides recognition of their efforts to reduce and offset their carbon pollution.

 

Low Carbon Australia provides financial solutions to Australian business, government and the wider community to encourage action on energy efficiency, cost-effective carbon reductions, and accreditation for carbon neutral products and organisations.

Since commencing operations, Low Carbon Australia has contracted investments in excess of $35 million, generating a flow of new financing and markets which has made available more than $115 million in new finance for energy efficiency and uptake of low carbon technologies in the marketplace.

Low Carbon Australia has financed a range of individual energy efficiency projects, and significant investment partnerships with National Australia Bank & Eureka Funds Management, Alleasing, Origin, Macquarie Bank, FlexiGroup, Melbourne City Council and City of Sydney.

More information about Low Carbon Australia is at www.lowcarbonaustralia.com.au