Vicinity delivering sustainability strategy; strong NABERS rating

Vicinity Centres (Vicinity) continues to deliver on its sustainability strategy, achieving significant improvements in the 2021 NABERS Sustainable Portfolios Index (SPI), across Australia's largest rated retail portfolio.

The NABERS SPI is Australia’s first publicly available index showcasing the proven environmental performance of the top 43 building portfolios and funds across the country and Vicinity was again recognised as a top 10 organisation, achieving a 4.4 stars NABERS Energy rating, up from 3.9 stars in 2019.

“Vicinity is delivering on its sustainability strategy, utilising solar, water efficiency and waste reduction to deliver consistent year-on-year improvements, and take another step closer to our target commitment of Net Zero carbon emissions by 2030*,” said Meredith Banks, Head of Sustainability. 

“Underlining Vicinity’s accomplishments, in just five years, it has gone from achieving 3.4 stars NABERS Energy rating for just 56% of its portfolio to achieving 4.4 stars NABERS Energy rating for 91% of its portfolio.” 

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

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