The Yarra Yarra Biodiversity Project by Carbon Neutral won the Banksia Natural Capital Award, sponsored by NAB, at the 28th annual Banksia Sustainability Awards.

Over the past eight years, Carbon Neutral has established innovative large-scale biodiverse reforestation projects extending across 11,700 hectares of the Western Australian wheat belt, in the process creating Australia’s largest revegetation project based on carbon capture and biodiversity. The project's aim is to remove existing carbon from the atmosphere today and to recreate a healthy and functioning landscape, restored after decades of habitat loss and degradation. The reforestation is in one of only 35 Global Biodiversity Hotspots and works to achieve the vision of climate security and sustainable development for all.

The judges commented, “The Yarra Yarra Biodiversity Corridor is a great carbon offsetting model with impressive vision and scale. Carbon Neutral understands the value of natural capital and the role they are playing in managing and investing in Australia’s natural capital. They are involved in research and stakeholder engagement and their partnership with the Austral Fisheries is a great testimonial for the overall impact this project can have.”

The Yarra Yarra Biodiversity Project is a unique project – both in scale and as the first Australian project to be certified under the internal Gold Standard Foundation.  

From a small scale initial biodiverse planting in 2008 the project has expanded into a 11,700 hectare restoration of uneconomic and partly degraded farmland. It aims to create a connected, biodiverse landscape across the mid-West wheatbelt region, offsetting carbon emissions, and support the conservation of ecological communities of native flora and fauna.

Carbon Neutral CEO, Ray Wilson, said effective greenhouse gas emission reduction will require large scale reforestation across Australia if we are to achieve the targets set out in our current International commitments.

“Trees remove CO2 from the atmosphere. We’re demonstrating that carbon habitat farming can generate new and diverse revenue streams for Australian farmers with carbon credits being sold to local and international buyers.   

This is a new industry for rural Australia, and we’re honoured that our project was recognised under the Banksia Award for its environmental and socio-economic benefits.   

We intend to continue working with our farming communities, and our Indigenous partners to improve the landscape and reduce carbon emissions in 2017 and beyond; and invite industry, business and government partners to invest in good corporate citizenship through our projects.”

This year, winners of the Banksia Sustainability Awards ranged from individuals, SMBs, government, academia and collaborative efforts through to large corporations. Whilst the winners were diverse, there was a common thread across many of the entries revealing a growing determination to do more for oceans, The Great Barrier Reef and to secure sustainable food sources into the future.

2016 Banksia Sustainability Awards All Category Winners


The Banksia Gold Award

  • John West: Committed to a sustainable seafood future

The Environment and Energy Minister’s Awards for a Cleaner Environment:

Sponsored by the Australian Government0Department of Environment and Energy


Banksia Natural Capital Award sponsored by NAB

  • The Yarra Yarra Biodiversity Corridor by Carbon Neutral in partnership Auscarbon


Science and Research

  • FeralScan by the Invasive Animals Cooperative Research Centre


Community Environmental Leadership

  • Dr Tony Parkes


The Banksia International Award sponsored by Qantas Future Planet Program

  • Professor Ove HoeghRGuldberg, Australia


Banksia Communication for Change Award

  • John West: Committed to a sustainable seafood future


Banksia Food for Sustainable Thought Award sponsored by Closed Loop

  • Natural Evolution


Banksia Indigenous Leadership for Sustainability Award

  • AshOil


Banksia Large Business Sustainability Leadership Award sponsored by NSW Office of the Environment and Heritage

  • Kathmandu


Banksia Leadership in the Circular Economy Award sponsored by Cleanaway

  • TIC Group


Banksia Mindful Movement Award sponsored by RACV

  • Sendle


Banksia Small to Medium Business Sustainability Leadership Award sponsored by Australia Post

  • The Farmer's Place


Banksia Smart Award sponsored by Mirvac

  • Infratech Industries Pty Ltd


Banksia Sustainable Cities Award sponsored by City of Melbourne

  • The 202020 Vision


Banksia Sustainable & Resilient Communities Award sponsored by IAG

  • The Manymak Energy Efficiency Project Consortium





Contact Us

About Banksia Foundation

The Banksia Foundation is a well-established not-profit organisation in Australia, dedicated to working with industry and community to create an array of platforms to focus attention on sustainable development. The Banksia Foundation was founded in 1989 in Melbourne by a diverse group of 44 Australians, who shared a common goal; to support and recognise members of the community for their positive contribution to the environment.

Today, Banksia is a strong and expanding brand and its Awards program, the Banksia Sustainability Awards, is regarded as the most prestigious and longest running sustainability awards in Australia.

For further information see

Contact:   Graz van Egmond

Tel:           +61 3 9684 4667


About Carbon Neutral

Carbon Neutral is a carbon solutions provider and Australia's major biodiverse reforestation offset developer. We help organisations across Australia, and beyond, minimise their impact on the environment by working with them to measure, reduce and offset greenhouse gas emissions. Carbon Neutral has to date planted over 22 million trees and shrubs on properties located in the Wheatbelt region of Western Australia, which will remove over 1.3 million tonnes of carbon from the atmosphere. 

For further information see

Contact:  Georgiana Rogers, Carbon Neutral

Tel:       +61 (0)8 9200 4424


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