Local Government Super has joined 50 entities globally, including 11 from Australia, in becoming signatories to the World Green Building Council’s global Net Zero Carbon Buildings Commitment.
The superannuation fund has pledged to achieve net zero operating carbon emissions across its portfolio by 2030, as well as advocating for all buildings to be net zero by 2050.
GBCA Head of Market Transformation Jorge Chapa said signatory organisations were leading the way in ambitious action to reduce carbon emissions, showing outstanding leadership in their commitments to decarbonise their portfolios.
“It is tremendous to see such a significant number of responses coming from Australia to the challenge the World Green Building Council has set,” he said.
The World Green Building Council’s recently released Advancing Net Zero Status Report 2019 shows that globally nearly 390 buildings have now been certified as net zero carbon by participating green building council schemes since 2017.
“This is a transformational achievement and one we are proud to be contributing towards, in partnership with industry, through our Carbon Positive Roadmap.
“As the WorldGBC has highlighted, the buildings sector globally must fully decarbonise if we are to limit global warming in line with the Paris Agreement.”
Local Government Super joins Dexus, Cbus Property and Nightingale Apartments, AMP Capital Wholesale Office Portfolio, Cundall, Frasers Property Australia, GPT Wholesale Office Fund, Integral Group, Stockland – Retirement Living & Logistics, the Sydney Opera House and the City of Sydney among the full list of signatories to the WorldGBC Commitment launched in September last year.
The growing momentum for decarbonisation across Australia’s property sector is also supported by the ongoing efforts of the GBCA’s National Strategic Partners: Frasers Property, Lendlease and Stockland together with those of GBCA’s Carbon Positive Partners: Integral Group, Dexus, Liberty Group, Commonwealth Bank, Interface and the GPT Group.