Potential offtaker

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Which other companies from Australia are actively involved in decarbonization initiatives?
  • Panoramic Resources Limited
  • Ampol Limited
  • Shopping Centres Australasia Property Group
  • Zero Emissions Water
  • Lynas Rare Earths Limited
  • Horizon Oil Limited
  • Mirvac is a leading Australian property group that operates in the Multi Asset Class REIT sector. The company has been in the business for over 48 years and has a strong reputation for delivering high-quality, sustainable and innovative developments across residential, office, industrial, and retail sectors. Mirvac is committed to creating sustainable and resilient communities, and as part of this commitment, it has been actively pursuing decarbonisation initiatives, corporate energy strategies, corporate power purchase agreements (PPAs), and renewable energy solutions.

    Decarbonisation is a critical issue for the property sector, and Mirvac has been taking significant steps to reduce its carbon footprint. The company has set a target to achieve net-zero carbon emissions by 2030, and it has been working towards this goal through various initiatives. One of the key initiatives is to reduce the energy consumption of its buildings. Mirvac has been retrofitting its existing buildings with energy-efficient technologies, such as LED lighting, smart building management systems, and high-efficiency HVAC systems. The company has also been incorporating sustainable design principles in its new developments, such as passive solar design, green roofs, and rainwater harvesting systems.

    Corporate energy is another area where Mirvac has been making significant progress. The company has been investing in renewable energy sources, such as solar and wind, to power its buildings. Mirvac has installed over 5 MW of solar panels across its portfolio, which has resulted in a reduction of over 4,000 tonnes of CO2 emissions per year. The company has also been exploring other renewable energy sources, such as geothermal and biomass, to further reduce its carbon footprint.

    Corporate PPAs are another way in which Mirvac has been supporting the transition to renewable energy. A corporate PPA is a long-term agreement between a company and a renewable energy provider, where the company agrees to purchase a certain amount of renewable energy at a fixed price. Mirvac has signed several corporate PPAs with renewable energy providers, which has enabled the company to secure a reliable and cost-effective source of renewable energy for its buildings. The company has also been working with its tenants to encourage them to sign their own corporate PPAs, which has helped to increase the demand for renewable energy in the market.

    Renewable energy is a key focus area for Mirvac, and the company has been actively investing in renewable energy projects. Mirvac has invested in several large-scale solar and wind projects across Australia, which has helped to increase the supply of renewable energy in the market. The company has also been exploring new technologies, such as energy storage and hydrogen, to further support the transition to renewable energy.

    In conclusion, Mirvac is a leading Australian property group that operates in the Multi Asset Class REIT sector. The company has a strong reputation for delivering high-quality, sustainable and innovative developments across residential, office, industrial, and retail sectors. Mirvac is committed to creating sustainable and resilient communities, and as part of this commitment, it has been actively pursuing decarbonisation initiatives, corporate energy strategies, corporate PPAs, and renewable energy solutions. The company has set a target to achieve net-zero carbon emissions by 2030, and it has been taking significant steps to reduce its carbon footprint through various initiatives. Mirvac is a leader in the property sector when it comes to sustainability, and its efforts are helping to drive the transition to a low-carbon economy.

    ✓ Re100 member
    ✓ Declared Net Zero commitment
    Strategies for a Low-Carbon Rental and operating of own or leased real estate: Decarbonization Insights

    Which companies in the industry of Rental and operating of own or leased real estate have made significant pledges or efforts to address global warming?
  • Aldar Properties PJSC
  • Prologis
  • Swiss Prime Site AG
  • Wereldhave
  • UDR
  • Parque Arauco S.A