Carbon emissions reduction, renewable energy, and its contribution to the community, have been some of the major priorities for Goodman Group outlined in the Group’s 2022 Sustainability report “Response Ability”, which was released today.

The report documents the actions taken and the significant progress the Group has made against its sustainability targets. It also references Goodman’s increased financial commitment to sustainability initiatives from $700 million to $820 million across the Group and Partnerships. This will fund Goodman’s sustainability initiatives to 2025.

Goodman’s focus is on both short-term programs that can be implemented and measured today, while establishing long-term strategies that will have an enduring impact on its business, its customers and stakeholders into the future.

“As providers of essential infrastructure for the digital economy, Goodman Group recognises the impact that our business has on the planet and communities that we operate in.” said Greg Goodman, CEO Goodman Group.

Through our location choices, sustainable building approach, and focus on relationships, we work to make a tangible difference today, and long into the future. We integrate sustainability throughout our business. It’s embedded in our values, our investment strategy and our key performance indicators for executive remuneration.”

Goodman’s FY22 sustainability highlights covered in the report include:

Targets for reducing Scope 1, 2 and 3 carbon emissions verified by the Science Based Targets initiative as being aligned to the Paris Agreement’s objective to keep global warming to below 1.5 degrees.
How we’re approaching embodied carbon in our developments and maintaining our carbon neutral operations status
The establishment of a Sustainable Financing Framework and the subsequent issue of US$500m Sustainability-linked Bond into the 144a/Reg S market
The progress of our solar installations and commitments. The Group now has 203MW of solar installations and commitments to date. This is more than halfway to our 400MW target of solar PV globally by 2025
The Goodman Foundation facilitated $11.6 million in charity contributions from the Foundation and Goodman team in FY22.

The report outlines all the ways Goodman is taking action in building a highly responsible and sustainable business. The full report can be found here: Strength in Action - Goodman Sustainability Report 2022.

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For further information, please contact:

Media
Michelle Chaperon
Head of Group Corporate Communications
Michelle.Chaperon@goodman.com

Ph: +61 (0) 416 285 907

Investors
James Inwood
Head of Group Stakeholder Relations
James.Inwood@goodman.com

Tel: + 612 9230 7400

Goodman Group outlines significant progress against its sustainability targets in FY22 sustainability report

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