Goodman Property Trust Annual Report 2022


As a leading real estate investment vehicle, our focus is on the built environment and the delivery of sustainable property solutions that help our customers thrive. We are working closely with these businesses and other stakeholders to decarbonise, to mitigate climate risk and to boost biodiversity.
Highbrook sustainability Highbrook sustainability

We have acknowledged our ESG responsibilities, with a plan for a sustainable future that includes clearly defined targets. The world is changing, and we are investing in new technologies and alternative ways of operating to ensure our people and our customers have the spaces they need to succeed.

It’s part of a wider journey in which we are encouraging our investors, contractors, consultants, service providers, capital advisors, industry bodies, regulators, and other community partners to support sustainable business practices. The collective impact of these individual contributions will lead to better environmental, social and economic outcomes for everyone.


We’ve adapted to the disruption of COVID-19 and continued to make substantial progress toward our 2025 sustainability objectives.



Highlights of the last 12 months include:

Improved climate score of B from CDP1,2 and a rating of A- on Supplier Engagement

50.0% reduction in greenhouse gas emissions2 against FY20 base year

Toitū carbonzero certified operations2

Commenced calculating and reporting embodied carbon on new developments projects with 3,241 tCO2e of unavoidable emissions offset


Completion of four rooftop solar energy systems with a further 716.0 KW being installed

New biodiversity initiatives with urban ngahere planned at two estates

Launch of Sustainable Finance Framework and successful $150 million green bond issue

Almost $400,000 contributed to community initiatives through the Goodman Foundation

1Formerly the Carbon Disclosure Project

2Certification encompasses Goodman (NZ) Limited, Goodman Property Services (NZ) Limited and Goodman Property Trust. It includes emissions from operational activities and from the buildings and spaces within the portfolio where the Manager has operational control.

Our Framework