Case Studies

GPT’s Energy Master Plan enabled the Group to effectively manage record high energy prices from 2022 to 2023 with both energy management and procurement processes being important contributors. These processes continue to evolve to manage what is forecast to be a turbulent period in energy markets.

To ensure that our assets are resilient to future climate change impacts, GPT completes and considers climate-related risk reviews when making major asset capital expenditure decisions. This includes lifecycle upgrades to plant and equipment at our assets, such as roof replacements.

GPT’s Sustainability Team works with our investors to reach an aligned understanding of climate-related risk levels of our assets.

Destructive storms struck Melbourne and the Victorian South Gippsland region in February 2024, causing significant damage.

GPT only uses carbon offsets to compensate for residual emissions that can’t be feasibly eliminated from its corporate operations, operating buildings and developments.

Developing an office building is a privilege that leaves a lasting legacy, one that must remain intact as our environment changes over time.

One of the most significant physical climate change risks to GPT assets is riverine flooding, however this is very limited as only a small percentage of assets are located within a riverine flood zone.

Upfront embodied carbon refers to the emissions from the construction processes and production of the materials that go into developing a building.

Traditionally, energy transaction is a simple linear relationship between a large coal-fired generator and the consumer. With advancements in technology, a new energy ecology is made up of a multitude of widely distributed interactions.