Potential offtaker

GPT Group

www.gpt.com.au

Estimated electricity consumption

N/A

Countries of production presence

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GPT Group is a leading Australian property company that operates in the Multi Asset Class REIT sector. The company is committed to sustainability and has made significant strides in decarbonisation and renewable energy. GPT Group is headquartered in Sydney, Australia, and has a market capitalisation of over AUD 8 billion.

The company's portfolio includes a range of properties, including retail, office, and logistics assets. GPT Group has a strong track record of delivering high-quality properties that meet the needs of its tenants and the broader community. The company's focus on sustainability has been a key driver of its success, and it has implemented a range of initiatives to reduce its carbon footprint and promote renewable energy.

Decarbonisation is a key focus for GPT Group, and the company has set ambitious targets to reduce its carbon emissions. The company has committed to achieving net-zero carbon emissions by 2030, and it is well on its way to achieving this goal. GPT Group has implemented a range of measures to reduce its carbon footprint, including energy-efficient lighting and HVAC systems, green roofs, and the use of renewable energy.

One of the key initiatives that GPT Group has implemented to promote renewable energy is the use of corporate power purchase agreements (PPAs). A corporate PPA is a long-term agreement between a company and a renewable energy provider to purchase a specified amount of renewable energy at a fixed price. GPT Group has entered into several corporate PPAs, which have enabled the company to source a significant portion of its energy from renewable sources.

Corporate energy is another area of focus for GPT Group. The company has implemented a range of measures to improve the energy efficiency of its properties, including the installation of energy-efficient lighting and HVAC systems, the use of green roofs and walls, and the implementation of smart building technology. GPT Group has also invested in renewable energy projects, including solar and wind farms, which have enabled the company to generate its own renewable energy.

GPT Group's commitment to sustainability is reflected in its inclusion in the Dow Jones Sustainability Index (DJSI) for the past 14 years. The DJSI is a global benchmark that assesses the sustainability performance of companies across a range of environmental, social, and governance (ESG) criteria. GPT Group's inclusion in the DJSI is a testament to the company's commitment to sustainability and its efforts to reduce its environmental impact.

In addition to its focus on sustainability, GPT Group is also committed to creating value for its stakeholders. The company has a strong track record of delivering strong financial performance, and it has consistently outperformed its peers. GPT Group's focus on sustainability has been a key driver of its financial success, as it has enabled the company to reduce its operating costs and improve the value of its properties.

GPT Group's commitment to sustainability has also enabled the company to attract and retain top talent. The company has a strong culture of sustainability, and it has implemented a range of initiatives to promote sustainability among its employees. GPT Group has also implemented a range of initiatives to engage with its stakeholders, including its tenants, suppliers, and the broader community.

In conclusion, GPT Group is a leading Australian property company that operates in the Multi Asset Class REIT sector. The company is committed to sustainability and has made significant strides in decarbonisation and renewable energy. GPT Group's focus on sustainability has been a key driver of its success, and it has implemented a range of initiatives to reduce its carbon footprint and promote renewable energy. The company's inclusion in the Dow Jones Sustainability Index is a testament to its commitment to sustainability, and its focus on creating value for its stakeholders has enabled it to consistently outperform its peers.

✓ Declared Net Zero commitment