Dexus retains position on CDP Climate A List

Dexus retains position on CDP Climate A List

Dexus has retained its position on the CDP Climate A List in 2020, recognising the group’s ongoing efforts in addressing climate change and its impacts, and reconfirming Dexus’s position as a global leader in sustainable real estate. 

Dexus was one of three Australian companies and one of only two Australian property companies to be included on the CDP Climate A List for 2020, with over 9,600 companies participating in the CDP Climate Change disclosure in 2020.

David Yates, Executive General Manager, Sustainability said: “Last summer’s bushfire season was a clear indicator that we are living in a changing climate and reinforces the urgency to take action. Over the past decade, we have reduced our carbon impact in line with our science-based emissions reduction target and the Paris Agreement which aims to limit global warming to 1.5°C. Dexus is also a signatory to the RE100 initiative and we are committed to driving our business towards 100 per cent renewable energy.

“Our Towards Climate Resilience report describes actions that Dexus can take to support its resilience across a range of climate scenarios. These actions further our ambitions and will help us achieve net zero emissions while showing how Dexus can contribute to a low carbon economy."

This year, Dexus has also been recognised by other leading global benchmarks for its commitment to sustainability including the Dow Jones Sustainability Index as the 2020 Global Industry Leader, and the Global Real Estate Sustainability Benchmark as the 2020 Global Sector Leader in listed office entities. The group also achieved an A+ score in the required modules of the Principles for Responsible Investment.

CDP is an investor-led disclosure framework which is widely recognised as the gold standard of corporate environmental transparency by the global investment community. In 2020, over 515 investors with US$106 trillion in assets, and approximately 150 major purchasers with US$4 trillion in procurement spend requested companies to disclose data on environmental impacts, risks and opportunities through CDP’s platform.