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 in our operations by FY30

Climate Risk

We believe in being transparent
and climate prepared

Water and Waste

We believe in using and reusing all resources responsibly and efficiently

Leading Local

Work together with The Smith Family to build strong, sustainable communities

Health & Wellbeing

Health & Wellbeing Continually improve health and wellbeing of employees

Diversity & Inclusion

40:40:20 Gender Diversity Target

Our Pathways

Reaching net zero carbon emissions, scope 1 and 2, by FY30 is a major target that requires planning and commitment which includes being more energy efficient and increasing onsite renewable energy generation.

These goals are the next steps on our carbon reduction journey, which started back in FY16. The timeline below details our biggest positive actions so far, and the major steps developed as part of our new Sustainability Strategy to reach net zero by FY30.

FY16 to FY20

First SCP Sustainability Strategy launched with 3 pillars

First solar project commenced at Griffin Plaza 2.4MW solar added to the portfolio

Commenced our first energyefficient building management system project

FY21

Launched our Sustainability Strategy with 6 pillars

Committed to net zero by FY30

LED lighting project commenced

FY22

6.2MW solar generation capacity installed across 6 Western Australian centres

100% LED lighting installed in all centres

FY23

Install at least 5MW solar generation capacity

Commence new embedded network rollouts

Investigate the feasibility of largescale onsite energy storage by FY24

FY24

Install at least 6MW solar generation capacity

Continue embedded network rollouts where solar is installed

LED lighting to new property acquisitions

FY25

Install at least 5.4MW solar generation capacity

Continue replacing HVAC and other systems, to eliminate ozone-depleting R22 refrigerant at our centres by FY25

Reduce consumption across our centres through energy efficiency by 20% by FY26

Continue embedded network rollouts where solar is installed

FY26

25MW total onsite solar generation installed

FY30

Reach net zero carbon emissions (scope 1 and 2)

Read about our Sustainability strategy, approach, and commitments

View Report

Our Transparency

Region Group operates in a transparent manner, and for the first time, we are publicly making commitments to the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD).

We will continue to operate transparently as we act and report our sustainability targets. Our sustainability targets and data are externally verified by sustainability consultancy Cundall. See the verification statement of the FY22 Sustainability Report for more information.