To ensure that our assets are resilient to future climate change impacts, GPT completes and considers climate-related risk reviews when making major asset capital expenditure decisions. This includes lifecycle upgrades to plant and equipment at our assets, such as roof replacements.
GPT only uses carbon offsets to compensate for residual emissions that can’t be feasibly eliminated from its corporate operations, operating buildings and developments.
Flooding of the Brisbane River in 2011 had a significant impact on the Riverside Centre and the development of One One One Eagle Street, causing almost $20 million dollars’ worth of damage, forcing closures and delaying construction works.
Traditionally, energy transaction is a simple linear relationship between a large coal-fired generator and the consumer. With advancements in technology, a new energy ecology is made up of a multitude of widely distributed interactions.