Growing commitment to net zero carbon buildings
12 June 2019
A major superannuation fund has today joined
the ranks of 50 entities globally, including 11 from Australia, in
becoming signatories to the
World Green Building Council's global Net
Zero Carbon
Buildings Commitment.
The
Green Building Council of Australia (GBCA) welcomed a pledge by
Local Government Super to achieve net zero operating carbon
emissions
across its portfolio by 2030, as well as advocating for all buildings to
be net zero by 2050.
GBCA Head of Market Transformation Jorge Chapa said signatory
organisations were leading the way in ambitious action to reduce carbon
emissions.
“These organisations are showing outstanding leadership in their
commitments to decarbonise their portfolios,” he said.
“It is tremendous to see such a significant number of responses coming
from Australia to the challenge the World Green Building Council has
set.
“Together with existing signatories, Local Government Super is seizing
the opportunity our built
environment offers to dramatically lower carbon emissions.
“Their commitment also demonstrates the clear value they see in future
proofing their portfolios by taking early action to be more resilient
and responding to the changing demands of investors when it comes to
assessing climate risk.
“The World Green Building Council’s Advancing Net Zero Status Report
2019 released today shows that globally nearly 390
buildings have now
been certified as net zero carbon by participating green building
council schemes since 2017.
“This is a transformational achievement and one we are proud to be
contributing towards, in partnership with industry, through our Carbon
Positive Roadmap.
“As the WorldGBC has highlighted, the buildings sector globally must
fully decarbonise if we are to limit global warming in line with the
Paris Agreement.”
Local Government Super’s Head of Property, Scott Armstrong, said, “Local
Government Super is committed to a responsible and sustainable
investment strategy and this includes taking decisive action on the very
real risk of climate change.
“By systematically reducing the
environmental impact of our direct
property portfolio, we’re aiming to benefit the community and the
environment by minimising our emissions, and at the same time, earning
long-term sustainable investment returns for our members.”
Local Government Super joins
Dexus,
Cbus Property and
Nightingale
Apartments,
AMP Capital Wholesale Office Portfolio,
Cundall,
Frasers
Property Australia,
GPT Wholesale Office Fund,
Integral Group,
Stockland
- Retirement Living & Logistics, the Sydney Opera House and the
City of
Sydney among the full list of signatories to the WorldGBC Commitment
launched in September last year.
The growing momentum for decarbonisation across Australia’s property
sector is also supported by the ongoing efforts of the GBCA’s National
Strategic Partners: Frasers Property,
Lendlease and Stockland together
with those of GBCA’s Carbon Positive Partners: Integral Group, Dexus,
Liberty Group,
Commonwealth Bank, Interface and the GPT Group.
Advancing Net Zero Status Report 2019: https://www.worldgbc.org/advancing-net-zero-status-report-2019
--ENDS--
Source: Green Building Council of Australia - www.gbca.org.au
Contact: N/A
External Links: N/A
Recent news by: Green Building Council of Australia