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Growthpoint Properties Australia (Growthpoint or the Group) is pleased to release its FY23 Sustainability Report. 

Growthpoint made important steps towards its 2025 net zero emissions target. This includes the successful implementation of an energy procurement strategy and near completion of solar installations at seven office assets. Importantly, our portfolio maintained an impressive average NABERS Energy rating of 5.2 stars. Our dedication to sustainability performance is underscored by our 2022 GRESB score, which increased by one point to 81/100. This achievement maintained our Sector Leader Status within the regional peer group of Diversified – Office/Industrial.

Maintaining strong tenant relationships and serving our tenants remains a key focus. Our engagement initiatives drove an increase in our tenant satisfaction score from 74/100 in FY22 to 77/100 in FY23 for our directly owned assets. We also elevated our portfolio average NABERS Indoor Environment rating from 4.2 stars in FY22 to 4.5 stars in FY23. 

Timothy Collyer, Managing Director of Growthpoint, said, “We are delighted to present Growthpoint’s eighth annual sustainability report, showcasing our achievements in FY23 and the progress we have made against the targets in our sustainability framework. FY23 was marked by significant accomplishments that supports our goal of creating value for Growthpoint and our stakeholders.”

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