Scentre Group has provided an update on its pathway to achieve net zero Scope 1 and 2 emissions by 2030 across its wholly-owned portfolio, announcing its plan to achieve at least 50% of this target by 2025. 

Scentre Group CEO Peter Allen included the update during half year results and said it highlighted the progress the company was making on its objective to operate as a responsible, sustainable business. 

“Operating our business as efficiently as we can and minimising our environmental impact is important to all of our stakeholders and is integrated into the way we run our business,” Mr Allen said. 

“In 2020 we committed to a target of net zero (Scope 1 & 2) emissions by 2030 across our wholly-owned portfolio, building on our existing environmental targets, energy efficiency initiatives (such as LED lighting installation across the portfolio and energy analytics and building management system enhancements) and targeted renewable energy generation and procurement opportunities. We also publicly supported the Taskforce for Climate-related Financial Disclosures (TCFD). 