Centuria Industrial REIT (CIP) has announced its commitment to achieving zero scope 2 greenhouse gas (GHG) emissions by 2028. The REIT will be powered by the equivalent of 100% renewable electricity through a combination of onsite solar installations and large-scale generation certificate deals that match its consumption. This target applies to scope 2 emissions for existing assets under CIP’s operational control.
Material actions and disclosures
CIP has already installed 1.4 MW of solar capacity across its assets to date, progressing opportunities to utilise the portfolio’s significant roof space for solar power generation. The REIT also aims to attain a 5-star Green Star design for all future industrial developments, reflecting its commitment to environmental sustainability.
Forward commitments
CIP plans to release its FY26 voluntary report on climate-related risks and opportunities in November 2026, closely aligned with Centuria Capital Group’s approach to meeting future mandatory climate-related disclosure requirements.