- Impacts of climate change (extreme weather events, El Niño).
- Transition to lower emission technologies in existing assets.
- Increasing energy prices.
- Reputational risks related to climate change.
- Meeting sustainability targets and commitments.
Centuria Capital Group
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Centuria Capital Group disclosed greenhouse gas emissions of 27.3K tCO2e. By scope: Scope 1: 24.9K tCO2e; Scope 2: 2.3K tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
27.3K tCO2e
2023
Water Usage
651.6K kL
2023
Waste
7.0K tons
2023
Energy Use
3.5K MWh
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 24.9K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 2.3K tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Targeting zero Scope 2 emissions by 2035 (100% renewable electricity) for the Group and by 2028 for Centuria Industrial REIT and Centuria Office REIT.
- Focusing on eliminating gas and diesel in operations where practicable by 2035.
- 5-star Green Star target for Centuria Industrial REIT and Centuria Office REIT development pipeline.
- Centuria Office REIT NABERS rating improved to 4.9 stars from 4.8 stars in FY22.
- Achieved 4.5-star NABERS rating for 82 Rodeo Road, Gregory Hills NSW.
- Platinum and Gold awards from the Waterwise Development Program for water-efficient buildings in Western Australia.
- Centuria Industrial REIT doubled the area of assets expected to achieve 5-star Green Star ratings.
- 1.3MW solar carport operational at Broome Boulevard Shopping Centre (~44% of electricity needs).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Complete solar feasibility assessment for all assets.
- Integrate ESG themes into investment approach for ASX:COF and ASX:CIP.
- Pilot NABERS ratings for select assets.
- Begin procuring renewable electricity through LGCs.
📅 Medium-term
- CIP and COF powered by 100% renewable electricity by 2028.
- Mandate minimum Green Star certification for new developments.
- Incorporate electrification costs as part of asset upgrades.
🔭 Long-term
- Zero Scope 2 emissions by 2035.
- Elimination of gas and diesel in operations where practicable by 2035.
🌱 ESG Focus Areas
Climate ChangeGreen BuildingsEnergy and EmissionsWaste and WaterValued Stakeholders (Customers, Investors, Employees, Community)Responsible Business Practices (Corporate Governance, Cybersecurity, Modern Slavery, ESG Integration into Investment)Health and Wellbeing