07 March 2018   

5 min read
Toll’s custom-built Nike warehouse in Stockland’s Altona North Distribution Centre is the first industrial facility in Australia to be awarded a whole-of-building carbon neutral certification and a Green Star rating, which is an example of how working in partnership with our tenants can achieve positive sustainability outcomes.

Toll’s custom-built Nike warehouse in Stockland’s Altona North Distribution Centre is the first industrial facility in Australia to be awarded a whole-of-building carbon neutral certification and a Green Star rating, which is an example of how working in partnership with our tenants can achieve positive sustainability outcomes.

 

The certification of the Toll-Nike logistics facility rounds off Toll’s significant investment in energy efficiency at the site, which has led to a halving of the site’s total electricity consumption, exceeding the greenhouse reductions required under the National Carbon Offset Standard. The landmark carbon neutral certification and the Green Star Performance rating are firsts for Stockland’s logistics sector and demonstrate the collective commitment to introduce smarter, more sustainable solutions across Toll’s operations.

 

Tony D’Addona, Stockland General Manager Workplace and Logistics said: “Becoming carbon neutral at the Altona Distribution Centre is a significant achievement as it demonstrates what can be done to address and mitigate the emissions and other environmental impacts of business operations. “We’ve worked closely with Toll and our sustainability consultants to complete a range of sustainability initiatives over the last few years, with the ultimate goal of reducing warehouse greenhouse gas emissions.

 

“This has included changing all lighting to LED and being firmly committed to capturing, retaining and analysing energy and water usage data on a monthly basis and then acting on data insights as needed.

 

“The carbon neutral certification process has certainly helped us improve our management approach to sustainability, and has been a worthwhile education process for our warehousing and logistics business. Securing our first official Green Star rating for a logistics property has also helped us improve our approach to sustainability in our Logistics assets and we look forward to continuing to build on this and apply our learnings to future developments, and in operations.” Sustainability is more than an industry buzzword at Stockland. The company has a long history of pursuing environmentally and socially sustainable operations, and first developed a sustainability strategy, integrated with broader business strategy, back in 2006.

 

Stockland has signed on to the World Green Building Council’s Net Zero Carbon Buildings Commitment and committed to a new target that includes achieving net zero carbon emissions by 2030 across its logistics centres, retirement living operations, and corporate head offices. Last year, Stockland was recognised as the world’s most sustainable real estate group in the 2018-2019 Dow Jones Sustainability Index (DJSI). It was the fifth time being recognised as a market leader, and the twelfth year being been included on the global list.

 

And Stockland was the only Australian property company on the 2018 Climate A-List compiled by CDP, the non-profit global environmental disclosure platform. Companies reporting to CDP represent over 50 per cent of global market capitalisation, and Stockland is one of only 126 companies included on the global Climate A-list from a field of nearly 7,000 disclosing climate-related data to CDP.

 

Although climate change presents different risks for different businesses, Stockland takes the view that mitigation measures also present opportunities across areas such as energy efficiency and renewable, with a view to developing resilient property assets and supporting infrastructure. Sustainability is truly embedded in our operations and our commitment to sustainability leadership is on show in our partnership with Toll to achieve net zero carbon in logistics by 2030.

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