- Elevated interest rates and rising costs (construction, etc.)
- Higher finance costs due to higher interest rates
- Increased capital expenditure due to asset repositioning and upgrades
- Fewer primary and secondary trades of Bunnings Warehouses
- Slowed expansion of new retail space due to increased online shopping
- High construction costs and decreased consumer discretionary spending
- Increased inflation and higher funding and construction costs impacting property repositioning and upgrades
BWP Trust
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, BWP Trust disclosed greenhouse gas emissions of 396 tonnes CO2e (Scope 2). By scope: Scope 1: 0 tonnes CO2e; Scope 2: 396 tonnes CO2e. 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
396 tonnes CO2e (Scope 2)
2024
Water Usage
78% of properties have water tanks (decrease from prior year due to new acquisitions)
2024
Energy Use
1.3K MWh (solar production)
2024
📊 Emissions by Scope (2024)
| 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). | 0 tonnes CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 396 tonnes CO2e |
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 |
|---|---|
| 2024 | 396 tonnes CO2e (Scope 2) |
| 2023 | 49 tCO2e (Scope 2) |
| 2022 | 120.29 tCO2e/year |
| 2021 | 176.57 tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Net Scope 2 emissions position of zero tonnes CO2e for the year ended 30 June 2024 (achieved through green electricity usage and ACCU surrender)
- Solar power generation of 1,254 mWh, avoiding 794 tonnes of CO2e
- Replacement of eight ozone-depleting air conditioning units
- Installation of energy-efficient LED lights at six properties
🎯 Climate & Sustainability Targets
🔜 Short-term
- Progressing repurposing of ex-Bunnings properties
- Completing store upgrades
- Continued rollout of energy efficiency improvements
- Assessing and actioning opportunities to grow the portfolio
📅 Medium-term
- Completion of Dubbo Bunnings Warehouse expansion (mid-2025)
🌱 ESG Focus Areas
Emissions reductionEnergy efficiencyBiodiversityModern slaveryClimate change