Environmental Policy

Aggressive Focus on Greening our buildings

GDI has approached the "Green Space" aggressively by piloting and implementing an energy performance program designed to measure, assess and improve the utility (energy & water) performance of our property portfolio. 

The GDI "Go- Green" program was piloted in WA expanded to South Australia and is currently being rolled out across NSW, Tasmania and Queensland. This aggressive program incorporates utility audits, Nabers ratings, energy procurement improvements, a formal utility monitoring program and Green Building Fund (GBF) applications where appropriate.

Program Outcomes

So far two GBF grants have been awarded where 50% of efficiency based capital projects are being funded by the Federal Government. Energy procurement outcomes at many properties have facilitated annual electricity cost reductions of between 9% and 15% over the next three years in a market where energy tariff costs are increasing.

Achievable emissions reductions targets have been set at the audited properties, many of which aim to reduce base building co2 emissions by up to 20% over three years.

Compliance

Sustainability and emissions reporting is soon to become a mandatory requirement for commercial property owners. Legislation is already in place for large consumers and voluntary rating systems are fast becoming a necessary marketing tool for attracting tenants. Mandatory reporting will soon be legislated and is due to be implemented late in 2010.

GDI are partnering with industry leading sustainability consultants HFM Asset Management Pty Ltd to measure and implement our "Go Green" Program and advise of upcoming regulatory requirements.