Developers Embracing Cheaper Energy Costs with Renewables
Interesting story in The Fifth Estate on how a developer is focused on an energy strategy that is profitable, cheaper and carbon neutral. Here's an excerpt:
Carbon neutral energy for residential developments is the backbone that kickstarted Frasers Property Australia’s recent certification as a carbon neutral organisation under the federal government National Carbon Offset Standard scheme.
The accreditation places the company’s organisational operations on the same platform as big corporates such as banks ANZ, NAB and Westpac, the Cities of Sydney and Melbourne, real estate group CBRE and property investors Dexus and GPT.
Initiatives include 6 Star Green Star Interiors certification for its offices, the purchase of 100 per cent GreenPower where possible, and the upgrading of video conferencing systems to reduce interstate flights.
According to national sustainability manager Paolo Bevilacqua, “We started looking at carbon offsets to enable our new embedded energy business, Real Utilities, to sell carbon neutral energy.”
The move meant the energy business could be certified under NCOS; and the natural progression was then to certify the company’s operations.