Sustainability and the Port of Brisbane

1. Sustainability and the Port of Brisbane 13 February 2008

2. What is “Sustainability” • Economic progress whilst protecting the environment and being socially responsible (it’s a balance) • Minimising environmental impacts is only one aspect of sustainability • Many resource efficiency projects save money, thus help to offset costs of broader sustainability initiatives • But…how do we gauge how sustainable we are?

3. Is offsetting greenhouse-intensive behaviours OK?

4. … or should we reduce emissions … Arnie’s hydrogen powered Hummer

5. … or avoid the emissions altogether

6. Shifting from a subjective reflection of people’s values and “green-ness” Climate change will modify how business is done. Carbon metrics and financial metrics will be linked: carbon (phrased as equivalent tonnes of carbon, or T C02-e) will be the common currency Businesses will be expected to account for, and reduce, their impacts on the environment. Leaders will leverage their market position to make a material change through their supply chain Changing perception of sustainability

7. What is the Corporation doing? • Part of our business for the past 5-6 years • We have voluntarily reported our emissions via the Commonwealth’s Greenhouse Challenge Programme since 2003 • Evolving from an environmental focus to both resource conservation and emission reduction • Link sustainability outcomes with financial ones (eg, vehicle policy includes lifecycle cost not solely purchase price) • Broader strategic context to be supported through employment of Sustainable Business Manager • Strong push towards a port community approach leverage greater gains

8. Why? • To make a positive, measurable difference to our natural environment, our people, our community and our finances. • To maintain community’s and legislator’s trust in us doing the right thing: our license to operate. • To understand and mange our own climate change risks.

9. Priorities • Site Development • Water Conservation • Materials • Stormwater • Transport • Energy • Waste • Healthy Buildings • Operation and Management Greenhouse emission reductions are a common metric across many of the above areas

10. Indicative greenhouse gas emissions * equivalent to the emissions (home + vehicles) of around 1000 families.

11. What is the Corporation doing? • Pursuing ways to reduce our greenhouse gas emissions, or “carbon footprint” by: • Introducing an environmental standard for • new port vehicles • New light control technology being trialled on • lamp towers • Investigating renewable power options • Offset our vehicles’ emissions through the • purchase of BP Ultimate petrol • Planning an inventory of air emissions at the port from which further strategies can be prioritised

12. Port Central 1 • New flagship office building at the Port of Brisbane • 5 star design rating from the Green Building Council • Port Central 2 to build on Port Central 1 initiatives and be PBC new Corporate Office

13. Port Approach to Development • Development guidelines take into account sustainability and aesthetic issues • Fact sheets to assist tenants and their consultants • Opportunity to influence design

14. Staff Engagement • PBC has an internal and tenant (yet to meet) Sustainability Committee • Internal advisory group has representatives of most Corporation Divisions • CEO addresses staff quarterly • Internal newsletters, Environment Day