Sustainability
Since we launched our Sustainability Strategy in FY21, we have taken the positive steps towards meeting our commitments.
Our Targets
Energy & Carbon
Achieve net zero carbon (scope 1 and 2 emissions) in our operations by FY30
Climate Risk
We believe in being transparent and climate prepared
Water & Waste
We believe in using and reusing all resources responsibly and efficiently
Essentially Local
Work together with The Smith Family to build strong, sustainable communities
Health & Wellbeing
Continually improve health and wellbeing of employees
Diversity & Inclusion
40:40:20 gender diversity target
Our Goals
Nature (Waste & Water)
We believe in using and reusing all resources responsibly and efficiently
Energy & Carbon
Achieve net zero carbon (scope 1 and 2 greenhouse gas emissions) in our operations by FY30
Diversity & Inclusion
40:40:20 gender diversity target
Water & Waste
We believe in using and reusing all resources responsibly and efficiently
Health & Wellbeing
Continually improve health and wellbeing of employees
Procurement
Have a positive impact on our supply chain
Transparency & Accountability
Dedicate sufficient resources to integrate ESG into the business and ensure employees and the Board are appropriately skilled to manage mandatory reporting requirements and evolving investor expectations
Our Targets
Nature (Waste & Water)
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Climate (Energy & Carbon)
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Essentially Local
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Procurement
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Transparency & Accountability
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Our Pathways
Expected to reach Net Zero (scope 1 & 2) target by FY30
Target to be achieved through operational decarbonisation, with no carbon credit purchased to date
FY16 to FY20
First Region Group Sustainability Strategy launched with 3 pillars
First solar PV project commenced at Griffin Plaza
2.4MW solar PV added through acquisitions
Commenced our first energy-efficient BMS project
FY21
0.2MW solar PV added to the portfolio
Launched our Sustainability Strategy with 6 pillars
Committed to Net Zero Scope 1 and Scope 2 GHG emissions by FY30
LED lighting project commenced
FY22
6.2MW solar PV generation capacity installed
100% LED lighting installed in all centres
FY23
5.3MW solar PV generation capacity installed
0.8MW solar PV added through acquisitions
Commenced new embedded network roll-outs
Investigated the feasibility of large scale onsite electricity storage
FY24
1.2MW solar PV generation installed
Continue embedded network roll-outs where solar PV is installed
Install LED lighting to new property acquisitions
Complete energy efficiency audit at Auburn Central
Reduced our consumption by 20% compared to FY19 on a like-for-like basis
FY25
5.6MW solar PV generation capacity
Continued embedded network roll-outs where solar PV is installed
Performed a review at our highest gas usage centres
FY26
25MW total onsite solar PV generation installed, in design or construction commenced
Continue replacing HVAC and other systems to eliminate ozone-depleting R22 refrigerant at the end of useful life
FY27 - FY28
Continue to assess gas usage to determine most commercial way to reduce Scope 1 GHG emissions
FY30
Reduction of gas usage through electrification
Net Zero Scope 1 and Scope 2 GHG emissions
FY30 - FY40
Eliminate all gas usage by FY40 by replacing plant at end-of-life with electric alternatives
Our Stories
Our Transparency
Region Group operates in a transparent manner, and are in the process of aligning with the Australian Sustainability Reporting Standards (ASRS).
We will continue to operate transparently as we act and report our sustainability targets, and will report under ASRS from FY27.
Essentially Local
Work together with The Smith Family to build strong, sustainable communities