- Rising interest rates making capital more expensive and less accessible
- Water issues at some properties contributing to an overall increase in water consumption
- Understanding and managing climate-related risks (physical and transition risks)
GDI Property Group Limited (ACN 166 479 189) and GDI Property Trust (ARSN 166 598 161)
Greenhouse gas emissions & sustainability report data
In its 2022-07 to 2023-06 reporting, GDI Property Group Limited (ACN 166 479 189) and GDI Property Trust (ARSN 166 598 161) disclosed greenhouse gas emissions of 3.6K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 66 tCO2e/year; Scope 2: 3.6K tCO2e/year. 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
3.6K tCO2e/year (Scope 1 & 2)
2022-07 to 2023-06
Water Usage
68.5K m3/year
2022-07 to 2023-06
Waste
166.19 tons/year
2022-07 to 2023-06
Energy Use
5.5K MWh/year
2022-07 to 2023-06
📊 Emissions by Scope (2022-07 to 2023-06)
| 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). | 66 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 3.6K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022-07 to 2023-06 | 3.6K tCO2e/year (Scope 1 & 2) |
| 2021-07 to 2022-06 | 4.0K tCO2e/year (Scope 1 & 2) |
| 2020-07 to 2021-06 | 5.4K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced total energy consumption by 9%
- Reduced total Scope 1 and Scope 2 emissions by 12%
- Achieved NABERS 5 Star Energy Rating across most assets under operational control (5 Mill Street achieved 4.5 stars)
- WS2 building delivered an embodied carbon saving of approximately 80% compared to a traditional concrete building
- Westralia Square achieved a NABERS Indoor Environment Rating of 5.5 in FY23 (up from 4.5 in FY22)
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce total waste generated by 5% in FY24
- Improve total diversion from landfill by 3% in FY24
- Achieve inaugural NABERS Waste Ratings across the GDI property portfolio in FY24
📅 Medium-term
- Achieve NABERS Energy Portfolio Score of 5.0 stars in FY24
- Achieve NABERS Water Portfolio Score of 4.0 stars in FY24
🌱 ESG Focus Areas
Energy managementWaste management and recyclingUse of sustainable, renewable and/or recycled materialsGood environmental design for human healthGreenhouse gas emissionsWater and wastewater managementEconomic performanceNon-discriminationMarketing and communications complianceSocially responsible supply chainEmployment conditionsAnti-corruption