Sustainability & ESG | Goodman | New Zealand
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We work closely with our team, customers, investors and foundation partners to ensure GMT is a sustainable and resilient business that contributes positively to society. By aligning our corporate responsibility and sustainability vision with our purpose, we believe we can make space for greatness for all our stakeholders.


There are three pillars to our sustainability framework, sustainable properties, people and culture and corporate performance.

The pillars have clear targets which are tracked, measured and reported annually. They include both short and long-term initiatives that are making a meaningful difference to our business as well as to our people, customers, investors, the community and planet.

Read more about our sustainability initiatives in our 2023 Sustainability Report.

Our three pillars

Material Drivers

Material factors drive our sustainability strategy

Our sustainability strategy is driven by the factors that are material to our business. Internal and external stakeholders are surveyed regularly to confirm what drivers of change are considered the most significant for our business.

 The following matrix presents these 10 factors.   

  1.  Customer attraction and retention
  2.  Sustainable design and management      
  3.  Flexible, adaptable and resilient properties         
  4.  Emission reduction and energy efficiency strategies  

  5.  Health, safety and wellbeing       

  6.  Diversity and inclusiveness        

  7.  Social equity     

  8.  Sustainable structure, operations and results 

  9.  ESG reporting and stakeholder engagement 

  10.  Responsible and environmentally sensitive investment    

Our response to climate risk

As a leading real estate investment vehicle, our focus is on the built environment and the delivery of sustainable property solutions that help our customers thrive. We are working closely with these businesses and other stakeholders to decarbonise, to mitigate climate risk and to boost biodiversity.

Our 2023 Emissions Inventory, Management and Reduction Plan details the initiatives that will help in the transition to a low carbon, sustainable business. These targets align with the objectives of the Paris Agreement and the limiting of global warming to less than 1.5 degrees.

Our commitment to measuring and mitigating carbon emissions extends to our development programme where the use of lower carbon materials and building systems aim to reduce emissions in the construction phase. Residual embodied carbon is also being offset on new projects. 

This approach complements the Trust’s business operations which are Toitū carbonzero certified.


We are actively adapting

Having a more resilient property portfolio is a crucial part of Goodman’s sustainability strategy and long-term approach. A resilient portfolio is one that is strategically located, adaptable to customer needs, and with greater resilience to a changing climate.

Goodman’s properties are designed to be efficient and highly functional both today and into the future. We achieve this by combining sustainable design fundamentals with the use of innovative materials and building automation to develop green buildings. This work helps us meet our own sustainability targets, and those of our customers and Investment Partners. 

Sustainable design in action

Our properties can include a number of sustainable design features. Click on the interactive buttons below to find out more.


Supply chain

Global supply chain ethics

Our supply chain consists of more 8,000 suppliers. Goodman supports the protection of human rights, and equity and fairness within our supply chains. We recognise that modern slavery is a global risk and that managing this risk is an ongoing responsibility for us.


Benchmarking our performance

We use the GRI framework within our annual reports to promote our sustainability reporting and facilitate access to key information, enhancing transparency and accountability. 

CDP (formerly the Carbon Disclosure Project)

Contributing emissions data since 2006 the business achieved an improved climate score of A- last year, compared to B in 2021. It was the highest rating achieved by a New Zealand organisation, with the top honour being shared with three other leading local companies.

CDP also awarded a Supplier Engagement Score of A-, the same rating as 2021.

Toitū Carbonzero

We are proud to have our business operations Toitū carbonzero certified since 2021. While we expect some volatility year to year, our target objective is to reduce absolute emissions by 21.5% before 2025 and 43% before 2030.

Assurance from Toitū confirms our GHG emissions have been measured in accordance with ISO 14064-1:2018 and that we have offset Category 1-4 mandatory emissions with locally sourced carbon credits and Certified Renewable Energy certificates (Category 2) from Meridian.

Greenstar rated development 

A commitment to sustainable development includes the targeting of a 5 Green Star Built rating for all new projects.  The certification from the New Zealand Green Building Council, assesses the sustainability attributes of the development and the quality of the workspaces it provides.

Achieving a 5 Green Star Built rating will confirm that all new facilities can help reduce a customers’ carbon footprint. A more resource efficient building provides lower operating costs for these businesses with healthy and productive workspaces that support wellbeing.