Industry News

Big improvements for Vicinity’s environment ratings

Vicinity’s NABERS Energy Portfolio rating increased from 4.4 stars to 4.6 stars

A national rating used to measure environmental sustainability has reported significant improvements across Vicinity Centres’ portfolio as it continues to strive to meet its net-zero emissions commitment by 2030.

The National Australian Built Environment Rating System (NABERS) is used to measure a building’s energy efficiency, carbon emissions along with water usage, waste and indoor environment quality. NABERS publishes the Sustainable Profiles Index (SPI) every year.

The 2021 SPI released today, found that more than one-in-three of Vicinity’s centres now have a five star or above energy rating which sits in the ‘excellent’ category.

Vicinity’s Head of Sustainability, Meredith Banks, said “Our Integrated Energy Strategy, which focuses on enhanced energy management including real-time energy reporting, automation and demand management, and energy efficiency including LED and HVAC upgrades, has significantly contributed to reduced energy use.

“We use NABERS to benchmark and identify opportunities for improvement across our portfolio and over the past four years we have seen a significant improvement in our ratings across the board. We know we still have a way to go and we’re committed to driving energy and water efficiencies across all of our centres.”

Vicinity’s CEO, Grant Kelley (left) launches Vicinity’s $73 million solar program in 2018

In 2021, five Vicinity centres achieved a NABERS Energy 6 Star rating, eight centres achieved a 5.5 Star rating, and a further eight achieved a 5 Star rating. Vicinity received its first 6 Star NABERS Water rating at DFO Essendon, while another seven centres achieved a 5.5 Star rating, and six centres achieved a 5 Star NABERS Water rating.

Since 2018, Vicinity has been installing Australia’s largest shopping centre solar energy program to help power centres with clean, renewable energy. The $73 million program has fitted more than 80,000 solar panels, generating almost 40,000 MWh each year. The program used battery storage and a world-first clear glass solar, allowing Vicinity to use renewable energy more efficiently.

About the author

Shopping Centre News

Shopping Centre News (SCN) is in the ‘information business’, and is perceived as such by its readers. Daily industry news makes a must-visit as part of the morning routine for those who want to keep right across the latest retail developments and events, while SCN's premium magazine is the leading publication for the shopping centre industry in Australia and New Zealand.

Known as the ‘industry bible’ SCN is printed five times a year with fascinating, in-depth features and important critical analysis written by known industry insiders as well as the popular ‘Guns’ reports, which ranks Australian shopping centre performances. Shopping Centre News is the only publication in the world that features centre statistics on Turnover, Turnover per square metre and Specialty Shop turnover per square metre for every major centre in Australia.

Add Comment

Click here to post a comment

Notice: Undefined index: comment_cookie_gdpr in /opt/amaze/srv/live/app/www/wp-content/themes/herald/core/template-functions.php on line 28

Notice: Trying to access array offset on value of type null in /opt/amaze/srv/live/app/www/wp-content/themes/herald/core/template-functions.php on line 28