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Ecologically sustainable development and environmental performance

The Environment Protection and Biodiversity Conservation Act 1999 requires the Agency to report on how its activities accord with ecologically sustainable development and on its environmental performance.

The ‘How we invest’ section of this report refers to how environmental, social and governance matters are incorporated into the investment decision-making which is the central purpose of the organisation.

As a small tenant in a large multi-tenancy office building it is difficult to establish meaningful metrics for energy and water use or to establish appropriate benchmarking and monitoring arrangements. The building from which the Agency operates has a NABERS 3 star rating. Building management continues to implement a range of energy, waste recycling and water initiatives throughout the building including the Agency’s tenancy.

A NABERS self-assessment of the Agency’s tenancy during the year resulted in a rating of 5 stars. This is due to a number of energy saving initiatives, including recycling office consumables, and using energy saving features on office equipment and lighting.