Conscious Investment Management (CIM) has released its fifth annual Impact Report, outlining how its investments and corporate operations are driving social and environmental impact across Australia.
This year’s report includes a focus on investing in social and affordable housing under the Housing Australia Future Fund program – where CIM hope to create some 2,000 new social and affordable housing outcomes; a new biodiversity investment where CIM expects to plant over 900,000 native trees and shrubs; as well as powerful tenant stories, interviews and lessons learned over the year.
CIM collaborates with experienced, mission-aligned partners, the majority of which are not-for-profits, with deep expertise in their sectors. It makes investments where the impact outcome is not incidental, but is the key driver of financial return.
“We believe true impact investing requires additionality: capital should shift outcomes beyond what would have occurred otherwise.
“Rather than replace concessional or philanthropic capital, we aim to prove that impact investments can compete in portfolios on risk and return, helping to shift capital markets toward outcomes-based investing.”
Here, CIO Matthew Tominic summarises the report’s highlights from the 2024/25 year:
Social and affordable housing
Over the past year, CIM has been focused on investments that scale Australian social and affordable housing through the Housing Australia Future Fund (HAFF). It reached final close on the Conscious Investment Management Social Housing Fund 2 in June 2025, with $181M of commitments to the fund and its co-investment vehicles. These commitments could finance over 1,500 new social and affordable dwellings that are expected to provide housing to ~2,000 residents.
Following financial year end, CIM announced a partnership with leading community housing provider St George Community Housing (SGCH).
Biodiverse Carbon Farming
CIM made its first biodiverse environmental planting investment alongside Greening Australia in early 2024, where ground preparation is well underway, ready for the planting of around 140,000 native trees and shrubs in the near term.
CIM’s second investment alongside Greening Australia, in January 2025, involves the planting of ~900,000 native trees and shrubs on the 3,313-hectare property in South Australia over 2026/27.
Distributed Rooftop Solar
The CIM Impact Fund partnered with Energy Bay to invest in solar assets in 2020, as part of its commitment to accelerating Australia’s transition to clean energy. A key impact of the investment was its contribution to energy affordability and resilience for commercial property users.
CIM exited the majority of this investment in mid-2025, with the acquirer of the portfolio sharing a long-term vision for scaling renewable infrastructure. This is in accordance with CIM’s responsible exit process and reflects its ongoing strategy of catalysing early growth in impact-aligned sectors.
Specialist Disability Accommodation
CIM has been investing in the Specialist Disability Accommodation (“SDA”) sector since February 2020, partnering with Liverty Housing to deliver high-quality, long-term accommodation in underserved areas of SDA. A July 2025 Tenant Satisfaction Survey found that 84% of respondents tenanting CIM financed dwellings were either “Satisfied” or “Very Satisfied” with their housing overall – an increase on previous years.
The full Impact Report can be accessed here: https://www.consciousinvest.com.au/app/uploads/2025/09/CIM-Impact-Report-2025.pdf
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