Incentivising infrastructure projects and assets to deliver on the SDGs through the Infrastructure Sustainability (IS) rating scheme.
Project implemented: July 1 2018
To measure the infrastructure sector’s contribution to sustainable development and recognise and reward leaders.
Infrastructure is one of Australia’s largest employers and is responsible for half of the country’s greenhouse gas emissions, the opportunity this industry can have on delivering Australia’s commitment to the SDGs is significant. V2.0 of the IS rating tool is mandated by almost all transport agencies and provides the framework for those projects to achieving the Sustainable Development Goals.
Mapped the exisiting IS rating tool against global sustainability frameworks including the SDGs and identifying gaps.
Engaged with infrastructure sector to develop the tool and align with SDGs.
Culture of sustainability within the infrastructure industry has increased as evidenced by improved average rating scores and sustainable outcomes.
Across Australia and New Zealand $98.87Billion worth of Infrastructure projects are engaged in the Infrastructure Sustainability rating scheme which provides a framework for projects to deliver more sustainable outcomes. Collectively, rated projects have avoided 18.7m tonnes of C02-e and 167.5million KL of water.
Launched in July, 2018, Version 2.o of the IS rating scheme has been developed in alignment with the SDGs broadening the scope of sustainability to increase our impact. Under the scheme, infrastructure projects will be rewarded on how they deliver against the 17 SDGs and a quadruple bottom line.