Goodman announces global carbon neutrality

Goodman Group has announced that its global operations have achieved carbon neutrality, four years ahead of its original 2025 target.

Goodman Group has announced that its global operations have achieved carbon neutrality, four years ahead of its original 2025 target. Certified by the Australian Government’s Climate Active program, Goodman’s carbon neutrality is said to be a result of reducing emissions from corporate activities and controlled areas, and includes 100% Australian Carbon Credit Units (ACCUs).

In Australia, all of Goodman’s operations have reportedly transitioned to 100% GreenPower which has and will vastly reduce Goodman’s emissions. Goodman stated that Australia was responsible for 60% of its global emissions prior to the change. According to the company, its operations in Europe and New Zealand have achieved net zero emissions.

Goodman stated it continues to reduce its environmental impact by redeveloping existing brownfield sites as well as through repurposing existing buildings, making better use of existing infrastructure, preserving greenfields and avoiding unnecessary waste construction waste. The company stated that its Goodman Logistics Centre Fullerton is a good example of its commitment to sustainability, with the building using 95% of materials recycled on site as part of a new construction project to allow the building to be carbon net zero.

Greg Goodman, CEO of Goodman Group, said, “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 stated its decision to invest in Australian Carbon Credit Units has enabled the business to support indigenous climate action projects in Australia’s Northern Territory. It states that the scheme delivers social and environmental outcomes through conserving habitats, protecting biodiversity and generating employment opportunities while supporting social and cultural traditions.

Source: Goodman