Our Climate Policy

The science is clear that human-induced climate change is real. Minderoo Foundation accepts the scientific assessment of the Intergovernmental Panel on Climate Change (IPCC).

In the same spirit, Minderoo Foundation supports:

  1. The UN Framework Convention on Climate Change, the ultimate objective of which is to stabilise atmospheric greenhouse gas concentrations at a level that would prevent dangerous anthropogenic (human induced) interference with the climate system.
  2. The Paris Agreement, through which most governments of the world have committed to action that limits global temperature rises to well below 2 C relative to pre-industrial levels, and to pursue efforts to limit the temperature increase to 1.5 C above pre-industrial levels.

The IPCC has identified 2020-2030 as the critical decade for action on greenhouse gas emissions. According to the World Meteorological Organization, the average global temperature has already risen by over 1 C since the pre-industrial era. This one degree difference has resulted in three coral bleaching events on the Great Barrier Reef in five years, underscoring the need to limit temperature rises to no more than 1.5 degrees. The scale and severity of bushfires in Australia over the summer of 2019-2020 was a clear example of how increased weather volatility due to climate change is already contributing to the intensity and scale of natural disasters.

The time to act is now. Collectively, we must act with all speed and determination to reduce emissions and create pathways to achieve a net-zero emissions global economy. Climate change is already exacerbating environmental degradation and as a society, we must also adapt to protect human health and threatened ecosystems through environmental conservation measures, including effective plastic waste management. We must act immediately if we are to effectively adapt to the impacts of climate change and to achieve net-zero emissions well before 2050. If we do not act, we risk leaving enormous challenges, and terrestrial and marine ecosystem-wide destruction to our next generation. Minderoo Foundation accepts this call to action.

Minderoo Foundation has commenced an assessment to estimate the emissions from its philanthropic and investment activities, initiatives and operations. This will provide critical data upon which Minderoo Foundation can implement a range of actions including the development of science-based emissions reduction targets and emissions avoidance and mitigation projects.

Minderoo Foundation’s philanthropic work already has a strong environmental focus. This work supports efforts to adapt to the already changed natural environment, through programs of work on resilience, marine research, preventing over-fishing and addressing plastics in our oceans. Minderoo Foundation’s Wildfire and Disaster Resilience Program is driving a new model for global leadership in climate-induced disaster resilience, reducing societal, environmental and economic harm and positioning Australia as the emerging global leader in fire and flood resilience by 2030. Minderoo Foundation is also supporting research to examine the environmental impacts of frontier technologies such as artificial intelligence.

Minderoo Foundation’s investments are subject to a rigorous screening process, to ensure all investments “operate in accordance with our values and meet stringent best-of-class criteria for managing … environmental, social and governance (ESG) risks and opportunities”. Particular attention is taken not to invest in companies or activities that operate in contravention to our philanthropic and broader values.