Sector-wide adoption of a net zero ambition is critical to achieving the global mandate to keep well below 20C whilst striving for 1.50C. The property sector’s influence on overall emissions is extensive. ClimateWorks’ latest report shows that key players in the property sector are laying the foundations to achieving net zero emissions by 2050.
The property sector report examines Property companies listed in the ASX200 and those required to report their emissions under the National Greenhouse and Energy Reporting Act 2007 (NGER Act). It is the first in a series focusing on key sectors of the Australian economy as part of the Net Zero Momentum Tracker initiative. It is designed to bring together and evaluate climate action commitments in order to help the property sector build momentum towards net zero emissions.