Goodman Property Trust is a New Zealand-based real estate investment trust (REIT) that operates in the multi-asset class sector. The company was founded in 1999 and is headquartered in Auckland, New Zealand. Goodman Property Trust has a portfolio of industrial and commercial properties across New Zealand, Australia, and Asia. The company's primary focus is on the development, ownership, and management of high-quality industrial and commercial properties.
Goodman Property Trust is committed to sustainability and decarbonisation. The company has set a target to reduce its carbon emissions by 30% by 2030. To achieve this target, Goodman Property Trust is implementing a range of initiatives, including energy efficiency measures, the use of renewable energy, and the adoption of sustainable building practices.
One of the key initiatives that Goodman Property Trust is implementing to reduce its carbon emissions is the use of renewable energy. The company has invested in a number of renewable energy projects, including solar panels and wind turbines. These projects are designed to generate clean energy that can be used to power the company's properties. By using renewable energy, Goodman Property Trust can reduce its reliance on fossil fuels and lower its carbon emissions.
Another initiative that Goodman Property Trust is implementing to reduce its carbon emissions 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. Under the agreement, the company agrees to purchase a certain amount of renewable energy from the provider over a set period of time. By using corporate PPAs, Goodman Property Trust can secure a reliable source of renewable energy and reduce its carbon emissions.
In addition to using renewable energy and corporate PPAs, Goodman Property Trust is also implementing energy efficiency measures. The company is investing in energy-efficient lighting, heating, and cooling systems, as well as building automation systems that can help to reduce energy consumption. By improving the energy efficiency of its properties, Goodman Property Trust can reduce its carbon emissions and lower its energy costs.
Goodman Property Trust is also committed to sustainable building practices. The company is designing and constructing buildings that are energy-efficient, water-efficient, and use sustainable materials. By using sustainable building practices, Goodman Property Trust can reduce the environmental impact of its properties and create healthier, more comfortable spaces for its tenants.
Overall, Goodman Property Trust is a leader in the multi-asset class REIT sector in New Zealand. The company is committed to sustainability and decarbonisation, and is implementing a range of initiatives to reduce its carbon emissions and improve the environmental performance of its properties. By using renewable energy, corporate PPAs, energy efficiency measures, and sustainable building practices, Goodman Property Trust is setting an example for other companies in the industry to follow.