36 Environmental, Social and Governance Report 2022 PILLAR 2: PROPERTY PORTFOLIO Certain business units across the Group have set out goals to expand certification across their respective portfolios. For instance, ESR Australia sets a benchmark for all future developments to achieve a minimum of 4 star Green Star Buildings rating. As Australia’s leading rating tool for new buildings and major refurbishments, the Green Star Buildings rating sets out building criteria that addresses climate action, resource efficiency, and health and well-being. Bourne Business Park is a 17,725 sqm commercial office which is developed and managed by ARA Europe. This asset is targeting to achieve a BREEAM Excellent and NABERS 5 star green certification together with an EPC A rating. In addition, the warehouses and precinct in our LOGOS’ Moorebank Logistics Park will be certified under market leading sustainable frameworks developed by the Green Building Council of Australia (GBCA) and Infrastructure Sustainable Council of Australia (ISC). Moorebank Precinct East has an “Excellent” IS Design & As Built rating, while the West precinct is currently undergoing the certification process. The property is also targeting to obtain 5 star Green Star Design & As Built for warehouses built after 2021 and 5 star rating from Green Star Communities. Sustainable Building Certifications Rendering of Moorebank Logistics Park, New South Wales, Australia
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