GPT and its Funds actively consider and address environmental, social and governance risks and opportunities in our business practices and activities to create value over the long term. Our sustainability goals and efforts align with our commitment to be a positive contributor to people, communities, stakeholders and the environment.
GPT and GWOF's integrated ESG approach has consistently been recognised as best in class by a wide range of benchmarks, including the Climate Disclosure Standards Board, Climate Bonds Initiative, NABERS Sustainable Portfolios Index, GRESB and the S&P Global Corporate Sustainability Assessment (CSA).
In particular, GWOF's 5 Star 2022 GRESB result and GPT's first-placed ranking in the S&P Global CSA, announced in October 2022, reflect our ongoing ability to deliver on our ESG commitments.
Learn more about GPT’s ESG approach in the most recently released Sustainability Report at gpt.com.au/sustainability
European Union Sustainability Related Disclosures in the Financial Services Sector
GPT Funds Management Limited and GWOF have made disclosure to investors in the European Union pursuant to Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability‐related disclosures in the financial services sector ("SFDR") and Article 23 of the Alternative Investment Fund Managers Directive 2011/61/EU. The disclosure addresses how GPT Funds Management evaluates Sustainability Risks and considers ESG factors in the investment process. The disclosure is available here.
GPT’s Sustainable Debt Framework
(Framework) was established in October 2021 which outlines how GPT and GPT’s Wholesale Funds (The GPT Wholesale Office Fund and The GPT Wholesale Shopping Centre Fund) intend to issue and manage sustainable debt. The Framework has been developed in line with the principles and guidelines issued by the International Capital Market Association (ICMA), Loan Markets Association (LMA), Asia-Pacific Loan Market Association (APLMA) and where relevant, the Climate Bonds Initiative (CBI). These market standards are voluntary and accepted as best practice in the global capital markets. Ernst & Young have reviewed and provided external assurance
on the Framework.
On 5 November 2021 GWOF completed its debut A$250 million ten year green bond issuance. The green bond was issued in accordance with Sustainable Debt Framework and has been certified by the Climate Bonds Initiative