La Trobe Financial today announced, in recognition of its ongoing commitment to making a positive impact on the community and having achieved carbon neutrality for 2021, that it has received Climate Active certification for its Australian business operations.

Climate Active seeks to empower Australians to take climate action, providing a unique Australian-government backed program that enables all levels of the Australian community to work together to do their bit to drive climate action. Climate Active provides certification to those businesses who are proving themselves as Australia’s climate leaders to their clients, customers and shareholders, and is only awarded to those organisations who have achieved carbon neutrality.

La Trobe Financial achieved carbon neutrality in 2021, working closely with independent advisers Carbon Neutral to measure its emissions activities, and offsetting its carbon footprint through investments made in high integrity Gold and VERRA Standard projects specifically designed to reduce or absorb greenhouse gas emissions equal to what was produced throughout the year.

Commenting on the business having received Climate Active certification, La Trobe Financial’s CEO, Mr Chris Andrews, said “We are very proud to receive Climate Active certification for our Australian business operations and to be recognised as a climate leader to our customers and key stakeholders. With a seven-decade corporate history, we recognise our responsibility as a generational business and the ongoing importance of ESG and carbon neutrality to our staff, our customers, our community and the ongoing health of the planet. We chose to go carbon neutral to show our commitment to improving the community, the environment and building a better future.”

Caterina Nesci, La Trobe Financial’s Director of ESG & International Partnerships commented “We have a commitment to reducing our carbon footprint every year moving forward, and have been working closely with Carbon Neutral across the last two years. We have now implemented our formal Carbon Reduction Plan with a view to being net-zero by 2030, and are already seeing the fruits of the process already implemented: reduced travel, sustainable procurement practices, reduced waste and landfill, and a transition towards paperless offices. Every aspect of the business and staff are truly committed to playing their part in this important work.”

La Trobe Financial will be making further announcements in the next few months regarding its ESG commitments, so watch this space.

About La Trobe Financial

Established in 1952 and with over $14 billion of assets under management, La Trobe Financial is one of Australia’s oldest credit asset managers, specialising in credit investment solutions and real estate finance. La Trobe Financial has been a proven and trusted investment partner for institutional and retail investors for seven decades, operating Australia’s largest retail Credit Fund with c.$8 billion in assets under management and c. 82,000 retail investors. La Trobe Financial has 5,800 distribution points across its two divisional arms – Wealth products are distributed through 1,400 advice practices and real estate credit finance is distributed through 3,200 brokers. La Trobe Financial employs over 400 staff over 4 offices.

La Trobe Financial is regulated by the Australian Securities & Investments Commission (ASIC) and holds the requisite regulatory AFSL and ACL to operate the Credit Fund, place RMBS issuances, and provide credit services.

La Trobe Financial Services Pty Limited ACN 006 479 527 Australian Credit Licence 392385. La Trobe Financial Asset Management Limited ACN 007 332 363 Australian Financial Services Licence 222213 Australian Credit Licence 222213 is the responsible entity of the La Trobe Australian Credit Fund ARSN 088 178 321.

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