A year since the company reached net positive in its scope 1 and 2 carbon emissions,
The announcement came as
'Scope 3 emissions are those we cannot control but can influence - things like embodied carbon in the materials we buy, emissions from waste disposal, and the energy used by our tenants and residential customers.
'We will be working to reduce our carbon emissions utilising our internal design and construction capabilities and in house sustainability expertise, in partnership with our suppliers and customers, and then we intend to invest in high-quality, nature-based, Australian offsets for any remaining emissions from FY30.
'With buildings accounting for around 60% of carbon emissions in cities, and the impacts of climate change already at our door, the pressure is on property leaders to step up and tackle this challenge.
'We're working on a range of actions we know will significantly reduce our footprint, including building all electric, exploring ways to source 100% renewable energy for our residential customers, partnering with commercial customers to influence their fuel choices, using innovative design and construction techniques and sourcing lower carbon materials.
'We're already putting this into practice - for example, at our recently completed
'The places we create can shape lives by making people feel safe, happy and connected. As an end-to-end developer,
'This complements our targets to achieve net positive water and zero waste to landfill by 2030.
'We are mindful that as well as making these commitments, we will stay focused on transparently laying out our plans to reach those goals, getting action underway, and opening ourselves to the scrutiny of important ways to verify our progress.
'We commit to two new potential methods of external verification, including the Science Based Targets initiative (SBTi) to monitor our progress on emissions reduction, and pursuing certification as a force for good
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