Port maintains five stars rating

GEEELONGPORT has achieved a five-star GRESB rating for a third consecutive year, putting the business in the top 20 per cent globally for its commitment to sustainability.

Previously known as the Global Real Estate Sustainability Benchmark, the GRESB Infrastructure Asset Assessment is a robust assessment tool which assesses environmental, social and governance progress against its peers.

Among the key initiatives which contributed to GeelongPort’s 97 out of 100 GRESB score was reducing its Scope 2 emissions to zero by introducing a power purchase agreement (PPA) in partnership with Barwon Water and Barwon Health.

As a result of the PPA, GeelongPort was able to source 100 per cent renewable energy from a local wind farm.

Other key achievements include the completion of the GeelongPort Reflect Reconciliation Action Plan and the implementation of programs to improve diversity, equity and inclusion.

GeelongPort chief executive officer Brett Winter said consistent hard work from staff had contributed to the GRESB achievement.

“GeelongPort takes its Environmental, Social and Governance responsibility very seriously and have developed strategies, policies and frameworks to support our goal of becoming Australia’s most sustainable port.

“Our team works incredibly hard to ensure our business operates at a high standard when it comes to our ESG practices and I’m very proud of this third consecutive five-star GRESB rating.”

Out of all 681 GRESB reporting companies, this year’s score placed GeelongPort in the top 70 worldwide.

For more about GeelongPort head to geelongport.com.au/