THE PORT OF MELBOURNE has release its FY 2024 Sustainability Report, marking a range of significant achievements.
CEO Saul Cannon said that Port of Melbourne remained dedicated to leading the decarbonisation of its supply chain, minimising its impact on land, air, and waters, and building strong stakeholder and community relationships.
In FY24 the port’s work centred around the themes of People, Planet, Partnerships, and Prosperity, including:
- Reducing Scopes 1 and 2 emissions by 43% on the previous year, with a target to achieve net-zero by 2030.
- Ranking first among Australian and international ports in the 2024 Global Real Estate Sustainability Benchmark (GRESB) Infrastructure Asset Assessment for the second year running.
- Maintaining its 5-star GRESB rating, and scoring the maximum possible 100 points, an increase from 99 in 2023.
- Co-funding the Victorian Environment Protection Authority (EPA) report on an air monitoring project in Melbourne’s inner-west.
- Contributing $219,000 to community partners, including Foodbank Victoria, Mission to Seafarers Victoria, Stella Maris Seafarer’s Centre Melbourne, Williamstown Football Club, and Williamstown Surf Life Saving Club.
- Delivering 36 port education school sessions to 1,170 students.
- Achieving “Tier 1 Skilled Workplace” certification in the Mental Health First Aid Australia Workplace Recognition Program.
“Port of Melbourne has made marked progress on the sustainability front, including sourcing more than 60% of our Scopes 1 and 2 electricity needs from renewable energy, such as Victorian-generated solar and wind,” Mr Cannon said.
“We also completed a preliminary climate risk and opportunity assessment encompassing physical climate change and economic transition as we look to the future.
“Despite these achievements, there is still much to do. As demand for trade continues to rise, we are committed to growth that is sustainable and beneficial for Victoria and its people,” Mr Cannon said.
