Why is Rest investing for a lower-carbon future?
Climate change could lead to serious economic and social problems for the planet and the people (like our Rest members) who live on it. At Rest, we believe in supporting actions for a more sustainable future and that responsible investment adds value to our investment decision-making process and improves our members’ retirement outcomes. This includes managing risks presented by climate change as well as the opportunities, and the transition to a more sustainable, lower-carbon global economy.
In our investment update on market megatrends, we talk about how the global economy is driven by advanced technology and the rise of data, connectivity and AI. Rapid advances in digitalisation will increase the need for data centres to store the enormous amount of information. Building the digital infrastructure that the economy demands in a more sustainable way (for example, by powering data centres with renewable energy, as is proposed for Supernode) is one way to contribute to this transition.
Quinbrook is well positioned in the transition to a lower-carbon global economy through its strategy of developing new renewable infrastructure supply, storage and grid stability projects.