Responsible Investing
CBIC's dedication to integrating responsible investing principles into its investment decisions is rooted in our determination to create positive environmental and social outcomes for the communities we invest in and serve.
Our commitment to environmental, social, and governance (ESG) targets is the driving force behind our investment strategy, and we strive to set clear, measurable standards for sustainability within our organisation and portfolio.
A Letter From The Lord Mayor
Brisbane is a city that’s growing and thriving, with a clear focus on creating more lifestyle, leisure and community opportunities for every resident.
The City of Brisbane Investment Corporation (CBIC) plays a vital role in
helping us deliver this vision, by ensuring strong financial returns which are reinvested directly back into projects that
make our communities even better.
Since its establishment in 2008, CBIC has grown from an innovative idea into one of our most effective tools for delivering new parks, playgrounds and public spaces.
What began with seed funding of $135 million has now grown to $380.4 million in investments, with $217.1 million returned to Council in dividends.
This is a remarkable achievement and one that continues to create lasting value for the people of Brisbane.
This year, CBIC has once again outperformed expectations, providing an impressive $15 million dividend to Council.
This funding has already helped deliver the Urban BMX Pump Track, Spring Hill Common and more than 16,000 new plants at Victoria Park to enhance our world-class outdoor lifestyle.
It also supported the Wynnum, Manly and Lota foreshores 20-year master plan consultation and enabled the opening of the new award -winning Archerfield Wetlands District Park – both significant steps in delivering more places to relax in our suburbs while protecting our environment for generations to come.
As Brisbane grows and gears up to host the 2032 Olympic and Paralympic Games, CBIC’s strong performance ensures we can continue to invest in the lifestyle and leisure amenities that make us the Lifestyle Capital of Australia.
I want to thank the CBIC Board, management and staff for their hard work and dedication to making Brisbane even better. Their efforts are not just delivering strong financial outcomes, they’re building a lasting legacy for the 1.3 million residents who proudly call Brisbane home.
The Right Honourable, The Lord Mayor of Brisbane
Adrian Schrinner
We are guided by sustainable and ethical approaches to environmental, social, and governance issues.
At CBIC, we endeavour to serve the community through sustainable, ethical, and socially responsible approaches. As a government backed investor, we make investment decisions which deliver long-term sustainable returns based on transparent and responsible investment and governance frameworks.
CBIC is carbon neutral, achieved through Brisbane City Council’s carbon neutral certification and continual monitoring of our portfolio ensures CBIC’s investments are sustainable, and result in minimal environmental impact.
Environmental
- Dividends from CBIC invested in Brisbane City Council’s Green Future Fund, creating greenspaces for Brisbane
- Expand and enhance Brisbane’s parks, sporting fields, and public recreation spaces
- Increase and maintain NABERS energy and water ratings across properties
- Modernise lighting and air-conditioning systems across older properties
Governance
- Risk mitigation and management
- Finance, Audit and Risk Committee (assists the Board to create a culture of accountability and integrity)
- ESG reporting
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People, Performance and Culture Committee (ensures the Board is fulfilling its statutory, corporate governance, and oversight responsibilities)
Social