- Increased frequency of extreme weather events
- Flood risk
- Long-term temperature increases
- Sea-level rise
- Water scarcity
- Stricter environmental regulations
- Carbon pricing mechanisms
- Advancements in green technologies
- Obsolescence of existing technologies
- Shifts in investor preferences
Starhill Global Real Estate Investment Trust (SGREIT)
Greenhouse gas emissions & sustainability report data
In its 2023-07 to 2024-06 reporting, Starhill Global Real Estate Investment Trust (SGREIT) disclosed greenhouse gas emissions of 3.6K tonnes CO2e. By scope: Scope 1: 240 tonnes CO2e; Scope 2: 3.3K tonnes CO2e; Scope 3: Information unavailable. 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 tonnes CO2e
2023-07 to 2024-06
Water Usage
99 ML
2023-07 to 2024-06
Waste
1.6K metric tonnes
2023-07 to 2024-06
Energy Use
39.2K GJ
2023-07 to 2024-06
📊 Emissions by Scope (2023-07 to 2024-06)
| 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). | 240 tonnes CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 3.3K tonnes CO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | Information unavailable |
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 |
|---|---|
| 2023-07 to 2024-06 | 3.6K tonnes CO2e |
| 2022-07 to 2023-06 | 3.7K tonnes CO2e |
| 2021-07 to 2022-06 | 3.2K tonnes CO2e |
| 2020-07 to 2021-06 | 6.0K tonnes CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Completed on-site solar panel installation at Myer Centre Adelaide (activated July 2024)
- Attained green certifications or equivalent for 63% of portfolio by NLA (ahead of target)
- Total GHG emissions decreased by 18.3% from 4,389 tonnes CO₂e to 3,587 tonnes CO₂e
- Total water withdrawal decreased by 8.5% from 108 megalitres to 99 megalitres
- Waste recycled increased from 173 metric tonnes to 250 metric tonnes
🎯 Climate & Sustainability Targets
🔜 Short-term
- Implement on-site renewable energy system in at least one asset by FY 2024/25
- Establish a food waste management system in Wisma Atria Property by second half of 2026
- Improve NABERS Energy rating for Myer Centre Adelaide (Retail) to at least 4 stars by FY 2025/26
- Attain GBI certification for Lot 10 Property by FY 2025/26
- Attain NABERS Water rating for Myer Centre Adelaide by FY 2024/25
📅 Medium-term
- Reduce landlord's energy consumption for assets with operational control by 10% by FY 2030/31 from base year FY 2021/22
- Achieve green certifications for at least 70% of portfolio by NLA by 2030
🌱 ESG Focus Areas
EnvironmentalSocialGovernance