Charter Hall Retail REIT has announced it is operating at net zero for Scope 1 and 2 emissions from July 2025, integrating sustainability across its platform and leveraging its scale to deliver positive community impact.
Material actions and disclosures
Charter Hall Retail REIT has installed 19.5MW of solar across 76% of its shopping centers with suitable roof space, an increase from the previous year. Additionally, the company has installed 15.4MWh of battery capacity at eight sites, an uplift of 4.1MWh from the previous financial year.
The company has also achieved 5 Star NABERS Energy across its shopping centre retail portfolio, with an uplift of 0.2 stars from the previous year. Furthermore, Charter Hall Retail REIT has maintained its 2nd place among listed retail entities in Australia and New Zealand in the 2025 GRESB Assessment, maintaining an ‘A’ ranking under the GRESB Public Disclosure.
Charter Hall Retail REIT has offset Scope 1 related emissions and procured 100% renewable electricity for Scope 2 emissions for assets it owns and where the company has operational control. The company has also spent $595k with Two Good Co. to deliver school holiday activations and a cookbook giveaway campaign, driving shopper engagement while supporting over 850 hours of Charter Hall volunteering and funding 1,000+ Littles Care Packs for children in need.
Charter Hall Retail REIT has also strengthened frontline employees’ capability to identify and respond to modern slavery risks and deepened industry collaboration to support ongoing knowledge-sharing.
Further detail is available in the company’s sixth Modern Slavery Statement.