Dexus Industria REIT
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Dexus Industria REIT is one of the leading real estate investment trusts (REITs) in Australia that operates in the industrial sector. The company has a diverse portfolio of high-quality industrial properties located in key metropolitan areas across Australia. With a market capitalisation of over $2 billion, Dexus Industria REIT is a trusted name in the industrial real estate market, offering investors a stable and attractive return on their investment.
The company has a strong focus on sustainability and decarbonisation, recognising the importance of reducing its carbon footprint and contributing to a cleaner, more sustainable future. Dexus Industria REIT has set ambitious targets to reduce its greenhouse gas emissions and energy consumption, and is actively pursuing a range of initiatives to achieve these goals.
One of the key initiatives that Dexus Industria REIT is pursuing is the implementation of corporate power purchase agreements (PPAs) for renewable energy. Corporate PPAs are long-term contracts between a renewable energy generator and a corporate buyer, whereby the buyer agrees to purchase a specified amount of renewable energy at a fixed price over a set period of time. By entering into corporate PPAs, Dexus Industria REIT is able to secure a reliable and cost-effective source of renewable energy, while also reducing its carbon footprint and contributing to the growth of the renewable energy sector.
Dexus Industria REIT has already signed several corporate PPAs for renewable energy, including a 10-year agreement with the Bomen Solar Farm in New South Wales, which will supply the company with 40% of its energy needs. The company has also signed a 12-year agreement with the Ross River Solar Farm in Queensland, which will supply the company with 75% of its energy needs.
In addition to corporate PPAs, Dexus Industria REIT is also pursuing a range of other initiatives to reduce its carbon footprint and promote sustainability. The company has implemented a range of energy efficiency measures across its properties, including the installation of LED lighting, the use of energy-efficient heating and cooling systems, and the implementation of smart building technologies. These measures have already resulted in significant energy savings for the company, and are helping to reduce its greenhouse gas emissions.
Dexus Industria REIT is also exploring the use of renewable energy technologies, such as solar panels and wind turbines, to generate clean energy on-site. The company has already installed solar panels on several of its properties, and is actively exploring opportunities to expand its use of renewable energy technologies.
In addition to its focus on sustainability and decarbonisation, Dexus Industria REIT is also committed to corporate energy management. The company has implemented a range of initiatives to improve its energy efficiency and reduce its energy costs, including the use of energy management systems, the implementation of energy-efficient lighting and heating systems, and the use of smart building technologies.
Dexus Industria REIT is also committed to engaging with its tenants and stakeholders on sustainability and energy management issues. The company provides its tenants with information and resources to help them reduce their energy consumption and greenhouse gas emissions, and works closely with its suppliers and contractors to promote sustainable practices throughout its supply chain.
In conclusion, Dexus Industria REIT is a leading player in the industrial real estate market in Australia, with a strong focus on sustainability, decarbonisation, and corporate energy management. The company is actively pursuing a range of initiatives to reduce its carbon footprint and promote sustainability, including the use of corporate PPAs for renewable energy, the implementation of energy efficiency measures, and the exploration of renewable energy technologies. Dexus Industria REIT is committed to engaging with its tenants and stakeholders on sustainability and energy management issues, and is a trusted name in the industrial real estate market in Australia.