Goodman hits carbon neutral goal ahead of 2025 target

Industrial property group Goodman has achieved carbon neutrality for its global operations, which is four years ahead of its 2025 target.

Certified by the Australian Government’s Climate Active program, Goodman’s carbon neutral result comes from reducing emissions from corporate activities and landlord controlled areas, and includes 100% Australian Carbon Credit Units (ACCUs).

All regions have played a part in reducing Goodman’s carbon footprint, with Europe and New Zealand already achieving net zero status for their operations.

“As providers of essential infrastructure, we realise the importance of our sustainability strategy and we’re proud that our global operations are carbon neutral,” said Greg Goodman, CEO, Goodman Group.

“Around the world, we have made progressive choices and changes in our strategy and operations to achieve this net zero status ahead of our 2025 target,” Goodman said.

Goodman has been progressively reducing its emissions through initiatives targeting energy efficiency and expansion of its rooftop solar installations.

In Australia, the group’s operations have transitioned to 100% GreenPower, which will dramatically reduce emissions in future years. Prior to this, Australia was responsible for about 60% of Goodman’s global emissions.

“Globally, the property sector has a huge and vital role to play in sustainability from the new estates we develop, through to the impact of assisting our customers across our portfolio achieve greener outcomes within their own businesses,” Goodman said.

In addition to achieving net-zero operations, Goodman is looking broadly at where it can support and influence long term sustainable solutions for its customers and investors.

The company’s global portfolio is primarily concentrated in urban infill locations, close to consumer groups, allowing customers faster speed to market and reduced transport related emissions.