Geelong Port and the Port of Newcastle have received top marks for sustainability in the 2022 GRESB Infrastructure Benchmark, ranking first and fourth respectively.
Geelong Port ranked number one out of 26 port companies globally, recognising it as an sector leader in environmental, social and governance initiatives.
The Port of Newcastle received 95 out of a possible hundred points in the Benchmark, achieving a five-star ranking for the second year running and coming in at fourth-place overall.
GeelongPort CEO, Brett Winter, said he was proud to receive global recognition of GeelongPort’s commitment to environmental, social and governance initiatives.
“The GeelongPort team is thrilled to have achieved sector leadership in our third year of GRESB participation,” Mr Winter said.
“I’m incredibly proud of the work our team has done in a short period of time, and it’s great to see that we are on track to achieving our aspiration to be Australia’s most sustainable port.
“At GeelongPort, our focus on sustainability is not only embedded in our corporate values but demonstrated in our approach to day-to-day activities across the port.”
Port of Newcastle CEO, Craig Carmody, said the result is a reflection of the Port’s sustainability journey over the past four years.
“To go from an overall GRESB score of 40 in our first assessment in 2019 to 95 in 2022 is a wonderful achievement and recognition of the dedication, collaboration and commitment of the many teams across the Port who have been working to make ESG a core part of our business and our culture,” Mr Carmody said.
“In the last 12 months we have extended the scope of our 100 per cent renewable power purchase agreement, completed a port-wide energy efficient lighting upgrade, renewed our EcoPorts certification, entered into two sustainability linked loans and transitioned the entire port fleet to electric vehicles.
“As the world’s largest coal port, we have been actively working to diversify for the future and are well on the path to achieving our goal of reducing coal trade to half of total revenue by 2030.
“We understand the importance of ESG to our customers, shareholders and our staff and are committed to delivering strong ESG outcomes, embracing new opportunities and new ways to grow.”
