Australia’s property industry tops the GRESB table

In 2018, for the eighth year running, the real estate sectors of Australia and New Zealand outperformed other regions in the GRESB table for ESG performance.

The Global Environmental, Social and Governance (ESG) Benchmark for Real Estate Assets (GRESB) is the world’s most trusted sustainability benchmark in property development.

GALLERY  

GRESB’s objective is to create a sustainable world – one where society can meet the needs of the present without compromising the ability of future generations to meet theirs. So how did we do?

The global average GRESB score is 68 and Australia and New Zealand greatly outperformed this with an average score of 76 (up from 73 in 2017).

Ken Morrison, the Property Council of Australia’s chief executive, stated that “at a time of political paralysis around energy policy, our industry is getting on with the job of delivering great results on ESG criteria. Australian sustainability know-how is world leading and creates value for investors, attracts tenants and lowers carbon emissions.”

Morrison added, “Australian companies continue to show leadership on energy efficiency, emissions reduction, inclusion and health and wellness –all increasingly critical ingredients in the global investment marketplace.” The aforementioned GRESB results showed that 60 per cent of Australian and New Zealand property companies promote tenant health and wellbeing via their buildings and services, which certainly is a positive trend.

For more information please visit GRESB

Images courtesy of the Property Council of Australia 






                 
Old meets new in Sydney's Paramount House Hotel

Paramount House Hotel in Sydney’s Surry Hills occupies a 3-storey 1930s brick warehouse, adjacent to the historic Paramount ...

Kodo Apartments breaks records in Adelaide

Rising 30 storeys into the sky, Kodo by Woods Bagot is the highest residential apartment building in Adelaide. It ...

Düsseldorf office building wrapped in greenery

Approximately 8 kilometres worth of hornbeam hedges will cover the facades of the Kö-Bogen II officeblock in Düsseldorf, ...

Architect-designed mega child-care opens in Singapore

Mega child care centres are being introduced across Singapore as part of the government’s efforts to increase education ...

Sculptural tower by Woods Bagot to change Sydney’s skyline

Standing at 55 stories (205 metres), Sydney’s first luxury hotel in more than 20 years has been given ...

  MORE  




© 2018 Universal Media Co. All Rights Reserved. Privacy Policy. Terms of Service. The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Universal Media Co.