Ingenia, a real estate group, has committed to achieving net zero emissions (Scope 1 and 2) by 2035, aligning with the Paris Agreement’s goals to limit global warming to 1.5°C above pre-industrial levels. The company’s strategy includes prioritising direct emissions reduction through operational decarbonisation initiatives such as electrification, energy efficiency, and renewable energy procurement.
Material actions and disclosures
Ingenia has already achieved an interim target of a 30% reduction in Scope 1 and 2 emissions across 47 assets by 2025, based on a 2019 baseline. The company’s current Scope 1 and 2 emissions for the year ended 30 June 2026 were 16,505 tCO2e, comprising 2,024 tCO2e Scope 1 and 14,481 tCO2e Scope 2 (location-based).
Ingenia’s emissions reduction pathway is designed to deliver the majority (80%) of emissions reduction required to meet its net zero target by 2035 through grid decarbonisation, new development, fuel switching, solar PV, and energy efficiency upgrades. Any residual emissions that cannot be feasibly eliminated by 2035 will be addressed through the purchase and retirement of high-quality carbon credits.
The company’s climate strategy is embedded in its risk management, asset management, and capital planning processes, with climate-related risks and opportunities assessed using scenario analysis and physical climate risk assessments.
Forward commitments
Ingenia plans to continue its Net Zero Target Strategy, which includes significant investment in efficiency and renewables across its existing asset base. Future expenditure on these initiatives is largely embedded in development and operations via repairs and replacement activities as equipment reaches end of life.