ASX-listed property group Mirvac has become the latest Australian company to join the global RE100 initiative, with a plan to transition to all-electric buildings powered by 100 per cent renewables before 2030.
The commitment to clean energy, announced Friday, follows up on the company’s pledge to be net positive carbon by 2030, and makes Mirvac the first Australian property group to join the rapidly growing ranks of RE100.
As RenewEconomy reported earlier this week, there have been eight Australian companies to join RE100 since its formal launch in Australia in late 2018: the Commonwealth Bank, Bank Australia, ANZ, NAB, Westpac, Macquarie Bank, QBE and Atlassian.
Mirvac’s Group general manager for sustainability, Sarah Clarke, said that the property development company’s decision to join showed a commitment to “being a force for good” and minimising impact on the planet.
“As a leading Australian property group, we know that we can have a significant and meaningful impact by eliminating our carbon emissions and transitioning to all-electric buildings that run on 100 per cent renewable energy, and we intend to do this before 2030,” Clarke said.
“By joining RE100, we can connect with other leaders in this space who are driven towards the same goal of reducing carbon emissions,” she said.
Already, Mirvac has reduced its carbon intensity by 26 per cent across the group’s operations, and in June this year, released its Planet Positive plan, mapping the company’s path to zero net positive carbon by 2030.
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