We have committed to set a science-based emissions reduction target.
We have made an ambitious commitment to sustainability, energy efficiency, and green building, to coincide with Buildings Day at COP21 in Paris 2015. Measurable environmental sustainability commitments are a vital part of what Growthpoint does in its office
portfolio.A total of 25 Green Building Councils from around the world unveiled national commitments to transform the sustainability of their buildings to reduce greenhouse gas emissions and ensure the building and construction industry plays its part in limiting global warming to 2 degrees. Our commitment supports this.
Sustainability is at the core of our business imperatives at Growthpoint. This includes environmental, social and economic sustainability. Green buildings form a major part of our strategy, and resource efficiency is a priority for all our property assets. In this way, we create places where businesses, communities and our world can thrive. As part of our commitment, we are going to increase the percentage of renewable energy our buildings consume.
While it has been our goal to only develop office buildings that will achieve at least a 4-Star Green Star SA rating from the GBCSA for some time now, we are also focused on the green performance of our significant portfolio of standing office buildings.
By 2020, all of our office investments will be above the Energy and Water Performance Rating Tool benchmark, and all of our long-term office investments will achieve at least a 4-Star Green Star SA GBCSA Existing Building Performance certification.
Buildings currently account for around one-third of global emissions. But a green building is one of the most cost-effective solutions to climate change, which generates significant environmental, economic and social benefits.
Our carbon footprint includes all properties owned and managed by Growthpoint, where we have operational control. Our targets were revised with our FY15 carbon footprint as the new base year. Our current intensity per square meter is 0.16tCO2e and we aim to reduce this by 5% over the next five years
All office buildings are to be below an internally set benchmark of 200kWh/m2 per annum by 2020.
All new office developments to achieve a minimum 4 Star Green Star rating.
All office buildings are to be below an internally set benchmark of 0.88kl/m2 per annum by 2020.
We have set a waste target of zero organic waste to
landfill by 2022 for our entire portfolio.