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Port of Brisbane receives 5-star GRESB rating

Port of Brisbane receives 5-star GRESB rating

Port of Brisbane Pty Ltd (PBPL) has been given a 5-star GRESB ranking from a internationally recognized organization that evaluates "best practices" of ESG efficiency and sustainability.

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In the 'Transport: Port Companies' category, PBPL was also the top rated port company and its overall score reached 87/100 (an increase from 67/100 in 2018/19).

Roy Cummins, CEO of PBPL, said the Port of Brisbane was proud of the outcome, reflecting the company's success towards its entire sustainability strategy and the substantial progress achieved over the past 12 months.

"Now entering its third year, our Sustainability Strategy is delivering real and tangible results both to PBPL and to the Port community. It’s a whole of business strategy, which looks at sustainability opportunities across the Four Ps – People, Planet, Prosperity and Partnerships," stated Mr Cummins.

Key sustainability initiatives delivered/underway include:

  • Climate Change Module – Developed in partnership with Seaport OPX and extending our NCOS Online technology, the module uses scenario modelling to better understand potential climate change risks to port infrastructure and operations in a local context. It was used to complete risk assessments to identify potential direct impacts of climate change on port infrastructure and certain commodities imported and exported through the Port; the outcomes will inform future port planning
  • Energy Transition Plan – Provides a framework to assist PBPL in reducing carbon emissions to ‘net zero’ by reducing the use of carbon intensive electricity and fuels through new technologies including renewables, energy storage, zero emission fuels. PBPL has committed to 24% emissions reduction by 2024/25 and ‘net zero’ emissions by 2030
  • Target Zero –Commitment to achieving zero waste to landfill and net positive water by 2030
  • Solar car parking – PBPL has installed an 800kW solar-shaded carpark at the new Brisbane International Cruise Terminal, generating approximately 1,300MWh power annually while providing shaded parking options for passengers
  • Electric vehicle trial – Purchased an electric car to trial ahead of potentially transitioning PBPL’s fleet to electric vehicles
  • Sustainability Code Port of Brisbane Land Use Plan – Outlines ‘best practice’ sustainability initiatives for future port property developments; initiatives implemented on two customer developments this year
  • Digital Business Strategy – Developed to create value as a leading, digitally enabled port to drive measurable and tangible financial benefits for PBPL, our customers and stakeholders
  • Reconciliation Action Plan – Launching in 2020/21 and seeking endorsement from Reconciliation Australia.

Maritime Business World 

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