Abacus Property Group is a leading Australian property investment and development company that operates in the multi-asset class own and develop sector. The company has a strong focus on sustainability and is committed to reducing its carbon footprint by implementing various decarbonisation strategies. Abacus Property Group is also actively engaged in the corporate energy market, with a particular emphasis on renewable energy and corporate power purchase agreements (PPAs).

Abacus Property Group was founded in 1996 and has since grown to become one of the largest diversified property groups in Australia. The company has a portfolio of over $4.5 billion in assets across various sectors, including office, retail, industrial, and self-storage. Abacus Property Group's investment strategy is focused on acquiring and developing high-quality assets that generate stable and sustainable income streams.

One of Abacus Property Group's key priorities is decarbonisation. The company recognizes the urgent need to reduce greenhouse gas emissions and is committed to playing its part in the transition to a low-carbon economy. Abacus Property Group has set ambitious targets to reduce its carbon footprint, including a commitment to net-zero emissions by 2050. The company is implementing various decarbonisation strategies, including energy efficiency measures, renewable energy generation, and the use of low-emission materials in its buildings.

Abacus Property Group is also actively engaged in the corporate energy market, with a particular emphasis on renewable energy. The company recognizes the importance of transitioning to a renewable energy future and is committed to playing a leading role in this transition. Abacus Property Group has invested in various renewable energy projects, including solar and wind farms, and is actively exploring opportunities to develop its own renewable energy assets.

One of the key ways that Abacus Property Group is accelerating the transition to renewable energy is through the use of corporate power purchase agreements (PPAs). A corporate PPA is a long-term contract between a renewable energy generator and a corporate buyer, such as Abacus Property Group. Under a corporate PPA, the corporate buyer agrees to purchase a certain amount of renewable energy from the generator at a fixed price over a specified period. This provides the generator with the financial certainty it needs to develop new renewable energy projects, while also allowing the corporate buyer to secure a long-term supply of renewable energy at a competitive price.

Abacus Property Group has signed several corporate PPAs with renewable energy generators in Australia. These agreements have enabled the company to secure a long-term supply of renewable energy, reduce its carbon footprint, and support the development of new renewable energy projects. Abacus Property Group's corporate PPAs have also helped to drive down the cost of renewable energy in Australia, making it more competitive with traditional fossil fuel-based energy sources.

In addition to its focus on decarbonisation and renewable energy, Abacus Property Group is also committed to sustainability across its entire business operations. The company has implemented various sustainability initiatives, including waste reduction, water conservation, and the use of sustainable materials in its buildings. Abacus Property Group is also committed to engaging with its stakeholders, including tenants, investors, and the wider community, to promote sustainability and drive positive environmental outcomes.

In conclusion, Abacus Property Group is a leading Australian property investment and development company that operates in the multi-asset class own and develop sector. The company has a strong focus on sustainability and is committed to reducing its carbon footprint through various decarbonisation strategies. Abacus Property Group is also actively engaged in the corporate energy market, with a particular emphasis on renewable energy and corporate power purchase agreements (PPAs). The company's commitment to sustainability and renewable energy is driving positive environmental outcomes and helping to accelerate the transition to a low-carbon economy.