Goodman

Goodman's reported carbon emissions

In its 2025 reporting year, Goodman, an Australian real estate services company, reported a total of approximately 54.7 billion kg CO2e in absolute emissions. This figure comprises approximately 3.8 million kg CO2e for Scope 1, approximately 106,000 kg CO2e for Scope 2 (market-based), and approximately 15.2 billion kg CO2e for Scope 3. In the 2024 reporting year, total emissions were approximately 54.2 billion kg CO2e, with Scope 1 at approximately 3.9 million kg CO2e, Scope 2 (market-based) at approximately 2.6 million kg CO2e, and Scope 3 at approximately 13.8 billion kg CO2e. Goodman has set a near-term target to achieve and maintain carbon-neutral operations by 2025, covering Scope 1 and Scope 2 emissions. The company also aims to source 100% certified renewable energy by 2025. Furthermore, Goodman Group has committed to significant reductions aligned with the Science Based Targets initiative (SBTi). These include a 42% reduction in absolute Scope 1 and 2 greenhouse gas (GHG) emissions by FY2030 from an FY2021 baseline. For Scope 3 emissions, Goodman commits to a 50% reduction per square meter of lettable area for downstream leased assets by FY2030, also from an FY2021 baseline. An additional Scope 3 commitment includes a 50% reduction per square meter of sold area for the use of sold products by FY2030 from an FY2021 baseline. Goodman Group also has long-term net-zero commitments for Scope 1 and 2 emissions, aiming for 2050.