HMC Capital has outlined its Net Zero ambition for Scope 1 and 2 emissions within its listed entities by 2035, as part of its broader commitment to decarbonisation and environmental management. The company’s primary focus remains on reducing its reliance on non-renewable energy sources and enhancing energy efficiency across its operations.
Material actions and disclosures
HMC Capital has increased the installation of solar panels to over 90% of its feasible HomeCo Daily Needs REIT (HDN) and HealthCo Healthcare and Wellness REIT (HCW) assets, up from 70% the previous year. This initiative supports the continued development of efficient, future-ready assets while reducing environmental impact.
Across its Real Estate platform, two property developments achieved 4 Star Green Star certifications from the Green Building Council Australia during the year, reflecting the company’s commitment to sustainable building practices.
Forward commitments
HMC Capital aims to match 100% renewable energy for all new greenfield developments and continues to progress its Group-level initiatives established through its Reflect Reconciliation Action Plan, supporting stronger partnerships with Indigenous organisations and opportunities for engagement and education.
The company remains focused on decarbonising the national energy system, improving resource efficiency, and enhancing the long-term resilience of its assets and investments.
These actions and commitments reflect HMC Capital’s ongoing efforts to integrate sustainability considerations into its operations and investment decisions, guided by its Sustainability Policy and the Group’s Sustainability Strategy.