Precinct commits to hitting net carbon zero by 2030

One Queen; upgrading existing building comes in at half the 'embodied' carbon emissions. (Image: Precinct)

Wed, 03 Aug 2022

Precinct Properties says it will need to halve its operating emissions to hit its net zero carbon target by 2030.The NZX-listed firm, which has a footprint of 21 premium inner city office and retail developments in Auckland and Wellington valued at $3.3 billion, caters largely to a top tier of corporate NZ and government tenants.Precinct, which classed eight of its properties as ‘green assets’ based on their green star rating that also underwrites its 'green bond' offering, is the first NZ property developer to sign up...

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