Sustainable waste reduction

Since Centuria introduced its new building waste management system a year ago, the Group has achieved significant sustainable outcomes across its Australian office portfolio. BinTracker Premium enables office tenants to divide their waste into general waste, mixed recyclables, paper recyclables and organics (compost).

To date, 72% of Centuria’s office portfolio (39 buildings) adopted the BinTracker system¹, which services 517 tenants across the nation. Throughout the 2024 calendar year, this system has enabled the 39 buildings to:

• Divert +376 tonnes of general waste from landfill
• Recycle +336 tonnes
• Compost +49 tonnes.

This means more than 47% of waste has been recycled across Centuria’s domestic office portfolio during the 2024 calendar year.

Centuria’s inhouse property and facilities management team proactively implemented further sustainable waste management protocols by reviewing bin collection capacities and the frequency of collections – the latter providing additional carbon emission reductions by decreasing how often trucks come to site (though the precise GHG metric is yet to be quantified).

The reduction of bin sizes and collections have also created an estimated total saving of $244,000 throughout the 2024 year for Centuria’s office tenant customers.

The BinTracker system is illustrative of Centuria delivering on its Sustainability Framework by engaging local communities and implementing environmental initiatives that help mitigate climate-related risk.

1. As at 31 December 2024. Includes all eligible office assets within Centuria’s portfolio, referring to multi-tenanted buildings and those whose tenants are amenable to the BinTracker system.