Property carbon emissions tool released

Property carbon emissions tool released

The Climate Bonds Initiative has launched an emissions performance trajectories which investors can use to assess Australian commercial office buildings’ progress toward global climate change targets.

The performance trajectories are available for Sydney, Melbourne, Brisbane, Adelaide, Perth and Canberra, and were assembled from data provided by the government’s Commercial Business Disclosure Program, according to the Climate Bonds Initiative said.

Using the Commercial Business Disclosure Program data for the top 15 per cent of office buildings in their respective market, Climate Bonds Initiative determined the the rate by which these buildings would need to reduce their carbon emissions in order to reach the company's 2050 zero emissions target.

Climate Bonds Initiative chief executive Sean Kidney said the trajectories should “spur green property development in the commercial heart of Australia’s major cities” and assist in the reduction of carbon emissions.

“Bond issuers have a simplified process to evaluate building performance. Investors now have a transparent certification scheme that has continuous improvement in emissions performance of commercial buildings as its goal,” he said.

The Green Building Council of Australia's executive director of market transformation, Jorge Chapa, said the performance trajectories provide a “simple methodology” for building owners to demonstrate that they are acting on climate change.

“These emissions performance trajectories are an important step for our industry, as Australian building owners and investors need confidence that their investment decisions are in line with a pathway towards zero carbon,” he said.

Read more:

Former TCorp CEO joins OneVue

New asset manager launched

Cbus to boost in-house investment team

Regular crises are 'the norm': CFM

Low ‘neutral’ creating headaches for US Fed


Related Articles


Property carbon emissions tool released
investordaily image
ID logo
promoted stories


Tania Cummin

Equip Super appoints strategy and markets executive

Staff Reporter

Paul Harding-Davis

Premium China Funds Management names new CEO

Jessica Yun

Matthew Wallis

Synchron appoints new state manager

Staff Reporter


investordaily image

A correction, not a turning point

James Swanson

Martin Dropkin

Why bond covenants matter

Martin Dropkin

Maurizio Canton

Striking a balance between security and innovation

Maurizio Canton