- Lower trading profits impacted financial result
- Near-term headwinds to funds under management
- Higher average cost of debt
- Office assets saw the highest valuation declines in the Australian real estate market during the year
- Employee engagement score of 61% impacted by AMP Capital acquisition integration
- Challenges to achieving gender equity
Dexus Funds Management Limited
Greenhouse gas emissions & sustainability report data
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.
Renewable Energy
100%
of total energy
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2020-07 to 2021-06 | 2.1K |
| 2019-07 to 2020-06 | 164.0K tCO2e/year (FY20) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Maintained net zero across scope 1 and 2 (and operational scope 3) emissions across managed portfolio
- 100% of electricity sourced from renewable sources in FY24 across the platform’s managed portfolio
- Reduction in energy intensity across the platform’s managed office portfolio by 10% since 2019
- Reduction in water intensity across the platform’s managed office portfolio by 23.2% since 2019
- Waterfront Brisbane diverted circa 98% or 29,300 tonnes of deconstruction waste from landfill through recovery and recycling
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce energy intensity by 10% across the platform-managed office portfolio by FY25 against a FY19 baseline
- Reduce water intensity by 10% across the platform-managed office portfolio by FY25 against a FY19 baseline
- Achieve a 4 star NABERS Waste average rating across the platform office portfolio by FY25
📅 Medium-term
- Achieve gender balance (40:40:20) in senior management and executive roles by FY25
🔭 Long-term
- Net zero emissions by 2050
🌱 ESG Focus Areas
Customer ProsperityClimate ActionEnhancing Communities