Sustainability and the Port of Brisbane

13 February 2008

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?

Is offsetting greenhouse-intensive behaviours OK?

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

… or avoid the emissions altogether

Changing perception of sustainability 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 C0 2-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

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

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.

Priorities

 Site Development  Water Conservation  Stormwater  Materials  Transport  Waste  Healthy Buildings  Energy  Operation and Management

Greenhouse emission reductions are a common metric across many of the above areas

Indicative greenhouse gas emissions ACTIVITY Corporate emissions from our assets* 300 employees Other emissions Electricity Petroleum Products (petrol, diesel) Vehicles (estimate) Homes (estimate) Land reclamation contractors Cargo handling (stevedores) Rail, truck, ship transit in our precinct TONNE C0 2 -e/pa 2,600 17,000 3,000 3,000 ??

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* equivalent to the emissions (home + vehicles) of around 1000 families.

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

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

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

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