Vicinity reaches another sustainability milestone named on Climate Change A list

Vicinity Centres (Vicinity) has again been recognised for its commitment to creating more sustainable destinations by earning a place on the Carbon Disclosure Project’s (CDP) prestigious Climate Change A list, for the second consecutive year.

Vicinity continued to make significant efforts to mitigate climate risk across its portfolio, and prepare for the transition to a low-carbon economy, which were key factors for inclusion in this year’s A list, making Vicinity one of a small number of companies globally to achieve the top ranking.

Grant Kelley, Vicinity CEO and Managing Director, said: “We are thrilled to once again be recognised as a global leader for our response to climate change and we’re determined to remain a sustainability leader amongst our peers.

“We will continue to integrate climate resilience into our business practices and our target is to reach a target of Net Zero carbon emissions by 2030 for our wholly-owned assets*. Our aim is to reduce the broader environmental impact of our centres and create sustainable destinations within our communities. We will do this by innovating with technologies that improve energy efficiency, increasing our generation and uptake of onsite renewable energy such as solar, increasing our recycling rates and automating elements of our operations to generate better asset performance.”

* For our wholly-owned retail assets. Consistent with global carbon measurement standards, this applies to common mall areas.

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