ICG recognises that corporate social responsibility is a key driver in managing the potential risks on an asset and can materially impact the long-term value of our infrastructure investments.
We are committed to managing our investments in a sustainable way, to ensure long-term success for our business, our clients and the communities we operate in.
ICG is a signatory to the Principles for Responsible Investment (PRI), representing a highly recognised commitment to the importance of Environmental, Social and Governance (ESG) issues in its business model.
ICG also commenced reporting to and participation in the Global ESG Benchmark for Real Assets (GRESB), an investor-driven organisation that assesses the sustainability performance of real assets and offers investors ESG scorecards, benchmark reports and portfolio analysis tools.
For the list of signatories visit the PRI website
Please click here to view ICG’s ESG Policy
ESG Initiatives by Asset
Construction was completed in November 2014, including the shaping of an aquatic and terrestrial habitat in seven individual stages and planting of 60,000 native wetland plant species.
Captive-bred frogs are currently being introduced into the habitat with the aim of establishing a sustainable population of Green and Golden Bell Frogs in an area of the National Park where the species were previously known to exist.
Working with scientists from the University of Newcastle, NCIG is responsible for the management of this area of the National Park to maintain the sustainable frog population.
ICG engaged DNV GL Business Assurance Pty Ltd (DNV GL) to create a HHWF specific Green Bond Framework which can be used to demonstrate that HHWF is meeting the Green Bond Principles and provide an independent second party opinion as to whether the bond meets the criteria established in the framework. DNV GL have confirmed that the Notes are aligned with the Green Bond Principles and have approved the certification of the HHWF Green Bond.
In 2014, Flinders Logistics, a subsidiary of Flinders Ports, received the Australian Shipping & Maritime Industry Award for Environmental Transport, a national award recognising its innovative solutions to environmental and health and safety risks. Flinders Ports also received an International Safety Award from the British Safety Council.
There is also a Heritage Agreement in place that provides the Nyoongar people with funding assistance of $25,000 per annum for up to 10 years for the establishment of a community office to pursue cultural and land related activities.
The Bald Hills Wind Farm Community Fund (BHWFCF) was established by the Bald Hills Wind Farm Pty Ltd (BHWF) in March 2015 to provide funding for projects of social, economic or environmental benefit to the Tarwin Lower, Venus Bay, and Walkerville districts in South Gippsland.
The BHWFCF has allocated approximately $25,000 per year to community projects and is committed to do so for each year that the wind farm is in operation. Local organisations can apply for project grants and must demonstrate that their community project provides an overall benefit to the district and wider community.
During the 2017 financial year the BHWFCF committee granted funds to 13 community organisation recipients.