Sustainability Reporting
At GeelongPort, our values drive our business, and our people drive our values. We are passionate about sustainability and committed to delivering on our purpose to become Australia’s most sustainable port.
We are committed to transparency regarding our environmental, social and governance (ESG) efforts and do this through key reporting processes, including:
- Membership of the GRESB Infrastructure Asset Benchmark
- Science Based Targets initiative (SBTi)
- Annual sustainability reporting in accordance with GRI Standards
2023 Sustainability Report
GeelongPort’s second annual Sustainability Report has been completed in accordance with GRI Standards. This report provides a comprehensive review of our performance across material environment, social and governance topics.
Previous reports can be accessed below:
The Science Based Targets initiative (SBTi) is a global body supporting businesses to set emissions reduction targets in line with the climate science. To find out more about our commitment to the SBTi, click here.
GRESB
We are excited to announce we have received a five-star GRESB rating for the third year in a row, again placing GeelongPort in the top 20 per cent of all GRESB participants globally in 2023.
GeelongPort has also maintained a score of 97 out of 100, putting the business within the top 70 GRESB reporting companies worldwide.
About GRESB
GRESB, previously known as the Global Real Estate Sustainability Benchmark, provides systematic reporting, objective scoring and peer benchmarking of ESG management and performance of infrastructure assets around the world.
Established in 2009, GRESB has become the leading ESG benchmark for real estate and infrastructure assets, used to better understand the opportunities, risks and choices that need to be made as the industry transitions to a more sustainable future.
Participating entities are given a GRESB Rating each year based on how they score on the ESG issues most material to their business. If an entity’s GRESB score is placed in the top quintile of its sector, it is recognised as a GRESB five-star rated entity. Each year, only 20 per cent of entities receive a GRESB five-star rating.