Alongside 90 other ISPT properties, Southgate has taken immediate action
on climate change by having our operations certified carbon neutral by Climate
The project, which procures 100% Australian Carbon Credit Offset Units (ACCUs),
with a focus on offsetting programs connected to Indigenous communities,
incorporates all of Southgate’s communal areas and the electricity used to power
air conditioning, lights, lifts and escalators.
As Australia’s largest local offsetting project, our offsets are purchased from 12
community-based projects. The projects have a dual benefit of protecting and
regenerating native land to restore habitats for plants and animals, while also driving
positive economic outcomes for Indigenous owned-businesses and communities.
This milestone has also been accomplished by ISPT’s management of climate risks
in its portfolio and operations, including Southgate. This comprises of energy efficiency,
onsite renewables, offsite renewables through Power Purchase Agreements (PPAs),
and then by offsetting the remainder of emissions with ACCUs.
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