Mirvac is a leading, diversified, Australian property group, with an integrated development and asset management capability and a presence in Australia’s four key cities of Sydney, Melbourne, Brisbane and Perth.
Recognising the contribution we make to the lives of many thousands of Australians, our purpose, to Reimagine Urban Life, inspires us to be a force for good and leave a positive legacy in everything we do.
Underpinning this is our sustainability strategy, This Changes Everything, which is focused on making a positive impact in the areas that matter most to the people in our world, while recognising the role we need to play in responding to global ESG trends.
We’ve set ourselves ambitious targets
We know that we can’t realise our business purpose if we keep things the same, which is why we’ve set ourselves six focus areas and ambitious targets to get there:
- Climate change – Net positive carbon by 2030
- Natural resources – Net positive water by 2030, Zero waste by 2030
- Our communities – Net positive legacy
- Social inclusion – $100 million social sector investment by 2030
- Our people – Highly engaged, capable and diverse workforce
- Trusted partner – Most trusted owner and developer
How we’re reaching our targets
We know human-induced climate change is a significant threat to our planet, and as a key player in the built environment industry, which contributes a quarter of Australia’s carbon emissions, we have a responsibility to eliminate more carbon than we emit.
In 2019, we released Planet Positive, Mirvac’s plan to reach net positive carbon by 2030. This sets the roadmap for how we will achieve net positive carbon in our investment portfolio, which means that from 2030, and each year afterwards, the emissions we don’t emit are equivalent to planting more than 1.4 million trees and taking 22,300 cars off the road.
We’re committed to continuing to innovate and find better ways to reach these targets and will openly and transparently report on our progress as we strive for greater sustainability in our business performance.
