Cbus Property* is proud to achieve Net Zero Carbon in operation across its core office portfolio, eight years ahead of schedule. This is one of many firsts in Australia for Cbus Property, as it leads the way on sustainability achievements and reinforces its leadership position in delivering world-leading sustainable buildings.
Multiple landmark commercial office buildings are now certified carbon neutral, including 447 Collins Street in Melbourne, 140 William Street in Perth and 1 William Street in Brisbane.
In its aspiration to create the world’s most sustainable office portfolio, Cbus Property has also added the following achievements this year:
- Certified 6 Star Green Star Performance from the Green Building Council of Australia, representing world leadership in sustainable operations;
- Achieved Australia’s highest overall NABERS score for a commercial office portfolio, making it the most environmentally sustainable portfolio in Australia, including 1st in Waste, 2nd in Energy and Indoor Environment, 7th in Water; and
- Secured WELL Health Safety ratings across our managed office investments, delivering healthy and safe spaces for our customers, along with Platinum WELL pre-certification at 83 Pirie Street in Adelaide and Platinum WELL certified at 720 Bourke Street in Melbourne.
83 Pirie Street, Adelaide – designed with sustainability at the forefront
83 Pirie is Cbus Property’s first Net Zero Carbon-designed office development and an exemplar of world-leading performance in the sustainable design of commercial buildings.
The building is fully electric and uses no natural gas. The construction process and material selection have also focused on tackling embodied carbon, achieving a 20 per cent reduction compared to similar designs with no such measures^.
Delivering positive outcomes and strong returns
Not only does a sustainable office portfolio create healthy and inclusive buildings for the workforce, it also delivers positive outcomes for the environment and communities. Our members employed on Cbus Property sites are building one of the most sustainable commercial office portfolio in the country~.
Cbus Property is also pleased to report that its portfolio of investments and developments has delivered consistent, strong returns for fund members. For the financial year 2021/22, Cbus Property delivered a 13.43 per cent return#.
To learn more about Cbus Property’s Sustainability Strategy, visit cbusproperty.com.au/sustainability for the 2022 Cbus Property Sustainability Report.
*Cbus Property Pty Ltd is a wholly owned subsidiary of United Super Pty Ltd and has responsibility for the development and management of Cbus’ direct property investments.
^Source: Australia’s opportunity to cut embodied carbon in buildings and infrastructure https://www.cefc.com.au/media/media-release/huge-potential-australia-s-opportunity-to-cut-embodied-carbon-in-buildings-and-infrastructure/
~NABERS rated Cbus Property the most energy efficient office portfolio in 2020 and 2021. In 2022, it was rated the second most energy efficient, visit https://www.nabers.gov.au/portfolio. Cbus Property was ranked in the top 1% in the Global Real Estate Sustainability Benchmark (GRESB) in 2021.#Cbus Property investments are part of the property asset class in the High Growth, Growth Plus, Growth, Conservative Growth, Conservative and Property investment options, and these returns form part of the crediting rates allocated to accounts invested in these options. Past performance is not a reliable indicator of future performance.
