24 November 2023

Driving down carbon emissions

Perth’s premium-grade sustainability-conscious office building, Exchange Tower, is taking a step beyond its 5.5 star NABERS energy rating by providing a complementary electric vehicle (EV) for its tenants to use during business hours (8:00am – 5:00pm, Monday to Friday).

In a bid to curb reliance on taxis and Ubers, a Fiat500e is provided on call for any tenant to use, without charge, during the workday. It’s also available after hours at a competitive rate.

The EV provides a hearty 275-300km before it needs to be recharged. When charging, it requires just 42 kWh of energy, which, when powered by the equivalent of 100% renewable energy, emits no carbon emissions. Centuria’s sustainability target is to have zero scope 2 emissions by 2035, with our portfolio being powered by the equivalent of 100% of its electricity from renewable sources.

Transport makes up approximately 19% of Australia’s emissions1 with passenger cars and light commercial vehicles contributing about 60% of the nation’s transport emissions and over 10% of Australia’s total emissions. Transport is projected to be Australia’s largest source of emissions by 2030. Therefore, reducing transport emissions through EVs that are powered by renewable energy is an essential step towards achieving Australia’s goal to be net zero emissions by 2050.

The Fiat500e is touted as saving 1-1.5 tonne of driven carbon dioxide emissions per annum.

This latest sustainability initiative adds to Exchange Tower’s long list of ESG credentials, including:

  • 5.5 star NABERS Energy Rating
  • 4.5 star NABERS Water Rating
  • 3.5 star NABERS Waste Rating
  • 2023 Water Corporation Platinum Waterwise Building, only the third building to be recognised as such since the program’s inception in 2014.

For more information about Exchange Tower, visit: www.exchangetower.com.au

1. Aus Gov National Electric Vehicle Strategy, 2023 (https://www.dcceew.gov.au/sites/default/files/documents/national-electric-vehicle-strategy.pdf )