VicSuper announces the release of The Future Economy Group Report

Infographic from future economy reportSustainability is VicSuper's central operating principle. We consider economic, social and environmental factors in our operations and our investment decisions. As part of this commitment to sustainability we are proud to be a founding member of The Future Economy Group which is a new coalition of businesses and environmental leaders. This Group has joined forces to research and advocate the importance of innovation and natural capital to Victoria’s economy.

We sponsored detailed research undertaken by the Nous Group, which is outlined in the report “The Future Economy Project: The economic impact of diminishing natural capital in Victoria”. This report includes the Future Economy Plan which is a roadmap to modernise Victoria’s economy. The Future Economy Plan provides a series of powerful ideas for change, and urges the government of Victoria to take action now to convert the state economy from ‘business-as-usual’ to one that can meet the challenges of the 21st-century.

We believe a strong and vibrant economy is fundamental to Victoria’s future and the well-being of all Victorians. We also understand that a strong economy depends on a healthy environment. This is something we intuitively know, but until now little economic research has been undertaken to understand the relationship between Victoria’s economy and the state of our natural environment.

The Group’s research shows that nature and economy are inextricably linked and it quantifies the impact on the Victorian economy and jobs if our environment continues to decline. It shows that we can grow the economy and jobs by modernising Victoria’s economy into one that is built on innovation and values nature.

Transforming our economy and improving the quality of natural assets will create big economic benefits for Victoria.

  • Victoria could create 225,000 jobs and increase the value added from eight key industry sectors to the economy by 22 percent (or $36 billion) by 2028.
  • We would see the economy outperform current trend projections and become more resilient to future economic shocks.

In contrast, unless more is done to protect and restore Victoria’s natural capital Victoria could lose half a million jobs and $78 billion dollars in economic output.

The report outlines six ‘powerful ideas’ that business, governments and the community can adopt to ensure Victoria is better placed to resist potential economic downturns and manage our natural capital in ways that will create more jobs and long term economic activity.

For more information on The Future Economy Group or to download the report “The Future Economy Project: The economic impact of diminishing natural capital in Victoria”, visit The Future Economy Group’s website

Infographic from future economy reportSustainability is VicSuper's central operating principle. We consider economic, social and environmental factors in our operations and our investment decisions. As part of this commitment to sustainability we are proud to be a founding member of The Future Economy Group which is a new coalition of businesses and environmental leaders. This Group has joined forces to research and advocate the importance of innovation and natural capital to Victoria’s economy.

We sponsored detailed research undertaken by the Nous Group, which is outlined in the report “The Future Economy Project: The economic impact of diminishing natural capital in Victoria”. This report includes the Future Economy Plan which is a roadmap to modernise Victoria’s economy. The Future Economy Plan provides a series of powerful ideas for change, and urges the government of Victoria to take action now to convert the state economy from ‘business-as-usual’ to one that can meet the challenges of the 21st-century.

We believe a strong and vibrant economy is fundamental to Victoria’s future and the well-being of all Victorians. We also understand that a strong economy depends on a healthy environment. This is something we intuitively know, but until now little economic research has been undertaken to understand the relationship between Victoria’s economy and the state of our natural environment.

The Group’s research shows that nature and economy are inextricably linked and it quantifies the impact on the Victorian economy and jobs if our environment continues to decline. It shows that we can grow the economy and jobs by modernising Victoria’s economy into one that is built on innovation and values nature.

Transforming our economy and improving the quality of natural assets will create big economic benefits for Victoria.

  • Victoria could create 225,000 jobs and increase the value added from eight key industry sectors to the economy by 22 percent (or $36 billion) by 2028.
  • We would see the economy outperform current trend projections and become more resilient to future economic shocks.

In contrast, unless more is done to protect and restore Victoria’s natural capital Victoria could lose half a million jobs and $78 billion dollars in economic output.

The report outlines six ‘powerful ideas’ that business, governments and the community can adopt to ensure Victoria is better placed to resist potential economic downturns and manage our natural capital in ways that will create more jobs and long term economic activity.

For more information on The Future Economy Group or to download the report “The Future Economy Project: The economic impact of diminishing natural capital in Victoria”, visit The Future Economy Group’s website