Climate change
| Sector | Climate change |
| Sub-sector | Agriculture |
| Locations | Australia |
In order to meet this climate commitment, Australia’s farmland managers have an opportunity to support the transition to a low-carbon economy through the implementation of large-scale, emissions reduction and carbon capture initiatives across the natural landscapes they manage.3
Furthermore, farmland managers that embrace best-in-class management practices aimed at enhancing carbon sequestration, biodiversity and conversation, stand to benefit not only from more productive, sustainable and resilient farming systems but also the potential to access alternative revenue streams in the future from emerging environmental markets.
Among these initiatives, five projects are currently registered under the Australian Carbon Credit Unit (ACCU) Scheme. This includes three projects designed to increase soil organic carbon sequestration through the introduction of a range of sustainable management practices such as the introduction of multi-species crops, perennial grasses and legumes to pasture bases.
The use of alternative fertilisers, autonomous machinery, cover cropping, remote soil carbon measurement and the transition to renewable energy sources have also contributed to decarbonisation efforts across MAM’s farmland portfolio. These initiatives directly address key emissions sources and production inputs in agricultural operations, including fertiliser and diesel usage, as well as inputs that directly impact enteric methane emissions from livestock.
MAM’s portfolio companies have also introduced projects that aim to protect and promote natural capital, including conservation and environmental tree planting projects designed to increase carbon capture and storage, protect sensitive environmental areas and provide critical habitat for native flora and fauna.
Outcome
Key initiatives include the planting of 285,000 native trees and shrub seedlings in the last three years across its farmland portfolios, which is expected to enhance the biodiversity, productivity and resilience of these assets.4
Mixed native species are carefully selected to ensure compatibility with local environmental conditions and existing vegetation, whilst planting sites include non-arable land, unsuitable for agricultural production. Utilising these non-arable areas for environmental planting projects ensure that the highest and best land-use for these low-production areas is realised. Importantly, these planting areas also provide biodiversity benefits by providing new habitat and wildlife corridors for native fauna.
of experience in managing farmland
hectares of live carbon, biodiversity and conservation projects registered by operating companies4
trees and shrub seedlings planted4
As a platform, we are encouraged by the enthusiasm and commitment within our operating businesses in turning net zero business plans into real action. Evidence of this is the accelerated development of emissions reduction plans and adoption of specific initiatives across our platform - demonstrating the importance of knowledge sharing in mobilising collective action within and across industries.”
Colin Rigg
Head of Agriculture, ANZ
Macquarie Asset Management
At Macquarie Asset Management, we view sustainability as part of our fiduciary duty to protect and grow our clients’ assets. This focus also helps us generate positive outcomes for our investee companies and the communities they serve. Our latest Sustainability Report outlines the progress we have made over the past financial year.
