Mirvac Achieves Net Positive Carbon Emissions and Sets 2030 Targets

Mirvac Group has achieved net positive carbon emissions in scope 1 and 2 emissions, marking a significant milestone in its decarbonisation journey. The company has also set a target to reach net positive carbon and water by 2030, reflecting its commitment to environmental sustainability.

Material Actions and Disclosures

Mirvac has reduced carbon intensity by 84% in scope 1, 2, and 3 emissions and has achieved a 5.3 Star average NABERS Energy rating across its office portfolio. The company has also published a mandatory external climate-related financial disclosure and has invested in high-quality nature-based carbon offsets.

Mirvac has completed five fully electrified office buildings and aims to deliver all-electric developments across its residential and office pipeline. The company has also published an update on its waste strategy, aiming for zero waste to landfill.

Forward Commitments

Mirvac plans to electrify all office assets by 2030 and continue to deliver all-electric developments across its residential and office pipeline. The company also aims to reduce carbon emissions by 80% in its office portfolio and achieve a 5.3 Star average NABERS Energy rating across the office portfolio.

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