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The Sustainable Australia Fund is Australia’s leading provider of finance for businesses to upgrade their buildings to achieve savings through energy efficiencies, as well as addressing climate change.
In 2002 the City of Melbourne showed tremendous vision and leadership in creating the Sustainable Melbourne Fund, to invest in increasing the sustainability of the city’s buildings.
This led to the creation of an entirely new form of finance: Environmental Upgrade Finance.
The unique terms of this finance were specially designed to overcome many of the barriers to environmental upgrades, including business cashflow and the split incentive between landlords and tenants.
The idea spread quickly, with New South Wales and South Australia later passing the enabling legislation to join the program.
In 2019 the Sustainable Melbourne Fund was renamed the Sustainable Australia Fund, and significantly recapitalised and expanded nationally with a loan facility in excess of $200m.
The Sustainable Australia Fund is a for-purpose company, determined to unlock business cashflow and an economy shifting towards sustainability.
“We wish Sustainable Australia Fund every success in unlocking environmental upgrade finance across NSW and South Australia. This finance mechanism is truly a win-win: both for businesses and the environment.”
Created out of local government, the Sustainable Australia Fund now partners with more than 40 local governments across the country to deliver savings and sustainability to our clients.
Our loan facility is backed by Bank Australia, Australia’s first customer owner bank who work every day to create mutual prosperity in the form of positive economic, personal, social, environmental and cultural impact.
On the ground, we work with a network of local installation partners, who are helping Australian businesses realise their dream of generating their own energy.
We are led by an outstanding team of passionate advocates for Australian business. Every day our team work to find solutions to the challenges businesses face in becoming sustainable. Each is a leader in their field with a track record of success.
Scott Bocskay is a widely celebrated as a leader and visionary in sustainable finance. He joined the City of Melbourne in 2007 as the Australian Country Director for the Clinton Climate Initiative. Three years later, Scott took over as CEO of the Sustainable Melbourne Fund, having played a pivotal role in developing our unique form of finance with state and local governments. Scott has a wealth of previous experience as a senior executive consultant providing strategic and commercial advisory services to a range of clients.
Taryn joined SAF in 2019 as the business expanded nationally out of the City of Melbourne. Her role oversees the financial management of organisation and our investment fund, risk analysis and management, reporting, compliance and performance. Taryn has held senior finance roles across Australia and UK, with a particular focus on sustainable finance. She is a Chartered Accountant with the Institute of Chartered Accountants in Australia and member of the CFA Institute.
Mark Woodall is Chairman of the Sustainable Australia Fund. He has been a leader in the development and financing of renewable energy and clean technologies for nearly 25 years. He founded and led two specialist investment banking firms focused on the low carbon economy, and been the adviser, investor or principal in over 100 cleantech transactions with total capital deployed of over US $5 billion. Mark has an MBA (Dean’s List) from Cranfield University and was an officer in the British Army. He currently also serves as the Chairman of GreenSync Pty Ltd and is an Advisory Board Member to Elliot Green Power and Kilara Capital.
Robert is a senior partner with the international law firm, Ashurst. His practice involves energy and resources, environment and government (including governance and probity) matters. He is currently the Practice Head of the firm’s environmental law practice and is the Practice Head of the firm’s South East Asian Utilities and Resources Practice (gas, electricity, water, renewables and waste).
Ben is Principal and Managing Director of Kilara Capital, an investment origination and funds management business. Kilara’s vision is to transform food, land management and energy production systems to ensure that they are resilient, regenerative and ecologically responsible. Ben has circa 20 years of experience across corporate advisory, legal advisory, commercial transactions and deal structuring in a variety of industry sectors. Ben currently sits on the Board of Environment Victoria as well as Pacific Biotechnologies Limited. From 2016-2018, Ben was General Counsel at Impact Investment Group. IIG is Australia’s leading impact funds management business, with assets under management across renewable infrastructure, commercial property and venture capital.
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