We also successfully transitioned our domestic equity investments to a low carbon portfolio – this means our equity investment portfolio is now low carbon.
Consolidating our Sydney offices to a single location and buying only carbon neutral paper were two of the key factors that helped us reduce our greenhouse gas emissions by 24.7% compared to last year.
Greenhouse gas emissions
Methodology and assumptions
The calculation methodologies and emission factors derived from the National Greenhouse Accounts (NGA) Factors in accordance with "Method 1" from the National Greenhouse and Energy Reporting (Measurement) Determination 2008 and the NGER (Measurement) Technical Guidelines for the relevant reporting period. Where factors are unavailable, best practice sources have been utilised as per National Carbon Offset Standard (NCOS).
Estimations based on NABERS ratings and size of tenancies (m2).
Waste and water data for corporate tenancies outside VIC modelled on actual values from 720 Bourke St headquarters. Retail waste modelled on default NABERS ratings.
Based on ~10% survey response (2018) with results scaled up to represent total workforce.