Sustainability overview

Our three pillars

Material issues drive our sustainability strategy

Our sustainability strategy is driven by our material issues, which we review regularly. These material issues are reviewed against global ESG trends, our external stakeholders’ priorities and the broader economic and social context.

The following matrix presents these 10 factors. 

Our Sustainability Report 2024, includes our first disclosures under the new Aotearoa New Zealand Climate Standards. 

A detailed assessment process was undertaken to identify the various climate-related risks and opportunities to our business. We identified seven climate-related impacts as material to GMT’s long-term success.

Understanding the emissions profile of our business and how this can fluctuate from year to year provides the knowledge that underpins our targets for a lower-carbon, more-climate-resilient future.

Directing our efforts toward more sustainable property solutions that reduce these upstream and downstream Scope 3 emissions provides the greatest opportunity for our business. It also helps our customers achieve their own climate goals.

Please see our Sustainability Report 2024 for more information.

Sustainable and resilient design approach  

Goodman’s developments are strategically located and designed to optimise energy and water use. Where possible, they generate renewable electricity, incorporate practical health and wellbeing features, and remain adaptable to customer needs. We continuously improve our sustainable design approach to help achieve our sustainability targets, and to help our customers realise their own ambitions. 

Our approach is influenced by years of experience developing industrial properties and our drive to innovate with smarter materials and designs.

Benchmarking our performance

We use the GRI framework within our annual reports to promote our sustainability reporting and facilitate access to key information, enhancing transparency and accountability. 

CDP (formerly the Carbon Disclosure Project)

Contributing emissions data since 2006 the business achieved an improved climate score of A- last year, compared to B in 2021. It was the highest rating achieved by a New Zealand organisation, with the top honour being shared with three other leading local companies.

CDP also awarded a Supplier Engagement Score of A-, the same rating as 2021.

Toitū net Carbonzero

Green Star rated development