Sustainability
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Performance and Priorities

Illustration of a green leaf superimposed on an industrial building.

Optimising Operational Efficiency
and Reducing Environmental
Impact

During the 2024/25 financial year BWP:

  • Procured renewable energy at 12 (of 16) properties where BWP has operational control;1
  • Completed external limited assurance of the net Scope 2 Market‑based emissions inventory and confirmed net‑zero status again for 2025;2
  • Replaced a further three air conditioning units to phase out ozone‑depleting refrigerant models and improve the efficiency of air conditioning units;
  • Supported further solar power generation installations across the portfolio with 50 properties owned by BWP now having solar installations (2024: 41); and
  • 89 per cent (2024: 78 per cent) of properties have water tanks to enable recycling of roof collected rainwater.

Greenhouse gas emissions management

During the 2024/25 financial year, BWP:

  • Achieved a 63 per cent reduction in CO2e emissions (2025: 148 tonnes CO2e; 2024: 396 tonnes CO2e).5 These emissions relate to 16 properties which fall within BWPs operational control boundary (compared with 15 properties at 30 June 2024);
  • Surrendered 180 ACCUs to offset the 148 tonnes of CO2e, leading to a net Scope 2 emissions position of zero;6
  • Assisted tenants (excluding Bunnings Warehouses) in reducing their emissions by 1,272 tonnes of CO2e through solar installations; and
  • Continued to iterate and mature its approach to Scope 3 data collection

1 For the remaining four properties, renewable energy was not procured in the 2024/25 financial year due to either its unavailability in  certain states (eg. Tasmania), or, existing embedded network complexity.

2 The limited assurance report is available under the Sustainability section of the BWP website.

5 For the year ending 30 June 2024, 335 tonnes are attributable to the 12 month contribution from acquisitions completed in the prior year as part of the NPR off-market takeover but had only been within BWP’s control for part of the reporting year.

6 Calculated on a market based emissions methodology.

Initiative Unit 2025 2024 2023 2022
Water tanks for recycling roof-collected rainwater % 89 783 92 92
Air conditioning units replaced to phase out ozone-depleting models Qty 3 8 15 5
Solar power generation installed kW 50 41 24 23
Tesla battery storage installed Qty 1 1 1 1
Upgraded installations of new energy-efficient LED lights4 Qty 1 6 6 10

3 The decrease from the prior year is contributed to by properties acquired as part of the NPR off-market takeover where the presence of water tanks had not been confirmed and were therefore not reported in the prior period, and due to major roof repairs taking several tanks offline.

4 Denotes number of major building sections upgraded. An upgrade consists of new energy-efficient LED lighting in one or more of the car park, nursery trading area, canopy trading area, or in the main store.

BWP

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Location

Level 14 Brookfield Place,
Tower 2,
123 St Georges Terrace,
PERTH WA 6000

Speak to us today

Tel: +61 8 9327 4356
Facsimile: +61 8 9327 4344
Email: investorrelations@bwptrust.com.au