About Us

The Sustainable Melbourne Fund was established by the City of Melbourne in 2002 as a revolving loan fund to invest in delivering triple bottom line outcomes. The establishment at the time demonstrated the City of Melbourne’s leadership in pursuing its eco-city vision.

In 2019 the Fund was recapitalised and scaled, supported by Bank Australia, to drive environmental upgrades at a national scale. As a result, the Sustainable Melbourne Fund was renamed the Sustainable Australia Fund.

Our purpose

The Sustainable Australia Fund is Australia’s leading provider of Environmental Upgrade Finance. We provide up to 100% of the capital needed by businesses wanting to upgrade their energy infrastructure and unlock efficiencies and environmental outcomes.

We believe that every dollar we invest will improve our customers’ cash flow while making the world a better place.

Meet our team

Sustainable Australia Fund is led by a highly competent executive team and an experienced board with a depth of relevant knowledge.


Our Board

Mark Woodall – Chairman

Mark Woodall 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: Impax Capital (1994) and Climate Change Capital (2002). He has 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 on the Chairman of GreenSync Pty Ltd and is an Advisory Board Member to Elliot Green Power and Kilara Capital. 

Robert JamiesonIndependent Director

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).

Anna Skarbek – Independent Director

Anna has led ClimateWorks Australia since its inception in 2009, guiding the organisation’s work in analysing emissions reduction opportunities and partnering with business and government in unblocking barriers to their implementation. Anna is an experienced Investment banker, policy adviser and qualified lawyer. Before ClimateWorks she was working in London’s carbon markets as Vice President of Advisory with Climate Change Capital.

Ben Krasnostein – Independent Director

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’s 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.

Our Leadership Team

Scott Bocskay – CEO and Managing Director

Scott has been CEO of Sustainable Australia Fund since 2010. He has more than 15 years of professional, management and leadership experience. Scott was the inaugural Australian Country Director of the Clinton Climate Initiative (CCI) where he made a significant contribution the establishment of Environmental Upgrade Finance in Australia.

Scott has a wealth of previous experience as a senior executive consultant providing strategic and commercial advisory services to a range of clients.

Erica Rao – Financial Controller

Erica manages the financial operations of the business. She has extensive accounting and financial experience in energy, telecommunications and professional services. In her past roles, she has put high standard financial policies and procedure in place, monitoring business KPIs, providing sound advice to management for improving company profit and cash flows. She contributed greatly to the successful sales of two companies she worked for. Erica worked as an engineer in China before coming to Australia pursuing a career in accounting. She holds a double degree in Engineering and Arts. She also holds a Master’s degree in Professional Accounting and is a Certified Practising Accountant.

Shay Singh – Executive Manager, Better Building Finance

Shay is the Executive Manager of the Better Building Finance brand, responsible for managing Environmental Upgrade Finance for Councils. Shay has worked with the business since 2010, leading a variety of projects including the official finance mechanism under the City of Melbourne’s 1200 Buildings program for environmental upgrades to non-residential buildings.

James Wark – Business Development Manager

James is responsible for building awareness and sales for Environmental Upgrade Finance. With a strong commercial and business banking background, James spent ten years working in account management, sales and strategy at senior management across a range of sectors within the Westpac Group, including manufacturing, resources, education, not-for-profit and professional services. Key to his role is ensuring that the environmental upgrade agreements (EUA) deliver superior financial outcomes for clients compared to other traditional loan products. James holds a Bachelor of Business and a Masters of Environmental Management. He is also a member of the Environment Management Institute of Australia and New Zealand.