The GPT Group comprising GPT RE Limited (ACN 107 426 504; AFSL 286511), as responsible entity of the General Property Trust, and GPT Management Holdings Limited (ACN 113 510 188)

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2020

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% (renewable electricity)
of total energy

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
202235.2K tCO2-e
202147.5K tCO2e
202067.0K t CO2-e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • All GPT managed assets to be Climate Active Carbon Neutral certified by end of 2024
  • Complete biodiversity management plans for all GPT owned and managed assets by 2026

📅 Medium-term

  • Co-owner operationally controlled assets to achieve net zero by 2030
  • Invest in biodiversity protection and restoration projects with a cumulative footprint greater than that of GPT owned and operationally controlled assets by 2030
  • Deliver water neutral operations for GPT owned and managed buildings by 2030

🔭 Long-term

  • Net zero emissions by 2050

🌱 ESG Focus Areas

Climate changeBiodiversityWaterResource managementGovernance

⚠️ Challenges & Risks +

  • Supply chain disruptions due to climate events
  • Increased compliance conditions and costs towards meeting strengthened flora and fauna regulations
  • Increased compliance conditions and costs towards meeting strengthened water regulations
  • Increasing operational and capital expenditure driven by supply chain constraints, services restrictions, and changes in market demand
  • Reduced footfall and tenancy driven from improved work from home capacity/conditions
  • High cost for infrastructure upgrades to meet tenant expectations for net zero buildings
  • Risks and opportunities arising from research and development that leads to new and alternative technologies

📋 Report Information

Reporting Period: 2023
Frameworks: TCFD, TNFD, ISSB IFRS S1 and S2
Assurance: KPMG (mentioned for TNFD pilot)