Sustainability

BWP Trust is committed to the health and safety of its team members, contractors and visitors; to acting ethically; and sustainably operating its businesses with respect to the environment. 

How we achieve this is summarised in Our Sustainability Principles.

Overview

The scale, domestic scope and relatively passive nature of our operations means that our impacts on the environment and society are relatively minor in local, national and global contexts. BWP Trust owns land and warehouse-style properties in Australia leased to other entities. The Trust does not typically engage in development work (other than capital expenditure related to the repositioning of a property where a vacancy has occurred), generally acquiring established properties or developments that pass to the Trust on completion.

However, we recognise that even modest changes, made collectively over time, can significantly affect the environment and society. Our sustainability strategy focuses on environmental factors, particularly climate change and emissions reduction.

751	Properties, all in Australia
239.9ha1	Total land area
$2,972.71 m	Portfolio value
Net-zero2,3	No Scope 1 emissions are produced as the Trust’s business activities do not directly release emissions into the atmosphere. Taking into account green electricity usage and Australian Carbon Credit Units (“ACCUs”) surrendered during the period, the Trust’s net Scope 2 emissions position for the year ended 30 June 2023 was zero tonnes CO2e Indirect emissions from purchased electricity was 49 tonnes CO2e (down from 120 tonnes CO2e in the prior corresponding period)
693,717 kWh produced3	In addition to the net-zero emissions position, solar production for the year ended 30 June 2023 was 693,717 kWh (30 June 2022: 576,100 kWh) which is used by the Trust's tenants, in common areas where the Trust has some operational control, or fed back into the grid for use by other network customers. Avoided a further 390 tonnes of CO2e compared to 392 tonnes of CO2e in the prior corresponding period, well above the Scope 2 emissions of 49 tonnes CO2e relating to the use of electricity within its operational control boundary.
100%3	Trust-owned properties with LED lighting in one or more carpark, nursery trading area, canopy trading area, or in the main store
243	Solar power generation is installed at 24 properties owned by the Trust. A Tesla battery is installed at one property and collects surplus energy from the solar installation at the property
92%3	Trust-owned stores have in place water tanks for the re-cycling of roof collected rainwater
33%/ 67%3	The current gender make-up of the team is 33 per cent female and 67 per cent male
0 injuries or deaths3	Our safety performance record

¹ As at 31 December 2023

² BWP Trust reports Greenhouse Gas ("GHG") emissions in accordance with the GHG Protocol Corporate Accounting and Reporting Standard, as published by the World Business Council for Sustainable Development and World resource and in accordance with the National Greenhouse and Energy Reporting Act 2007. Reporting is confined to those aspects of the business over which the Trust has operational control.

³ As at 30 June 2023

Water

92 per cent of the Trust-owned properties have in place water tanks for the recycling of roof collected rain water (as at 30 June 2023).