Endeavour Energy achieves fourth consecutive five-star rating in Global Real Estate Sustainability Benchmark (GRESB)

SYDNEY 1 October 2024: Endeavour Energy today announced it had achieved a five-star rating in the Global Real Estate Sustainability Benchmark (GRESB) for the fourth consecutive year.

Achieving its highest-ever score of 98 out of 100, Endeavour Energy ranked third amongst 11 participating electricity distribution companies worldwide and seventh out of 119 public-private partnerships, up from 17th in 2023.

“Sustainability isn’t just a commitment at Endeavour Energy, it sits at the heart of our organisational strategy to decarbonise the grid, and is integrated into everything we do,” said Endeavour Energy’s Chief Data, People and Sustainability Officer, Melissa Irwin.

“We’re dedicated to ambitious goals to be net zero by 2040, zero waste to landfill by 2030 and nature positive by 2025.

“By using the GRESB framework, we continually challenge ourselves to enhance sustainability practices while benchmarking our performance against utilities across the world.

“The results of this year’s GRESB Assessments are a testament to the positive impact our focus on sustainability is having in paving the way for a brighter future for our customers and communities.

“We extend our heartfelt gratitude to our teams and business partners for their invaluable contributions to this achievement,” said Ms Irwin said.

“Together, we are making significant strides towards a cleaner, brighter future for our customers and communities.”

For more on our sustainability strategy and projects, visit Endeavour Energy Sustainability.

Contact: Peter Payne 0409 664 608 peter.payne@endeavourenergy.com.au

2024 GRESB HIGHLIGHTS

  • Continued to   deliver a clean energy future for customers and communities which integrates   distribution renewable energy zones, solar, batteries and electric vehicles   at least cost for all.
  • Achieved all   our headline targets focused on reducing greenhouse gas emissions, diverting   waste from landfill, improving net habitats and enhancing the mental health   and wellbeing of employees.
  • Upgraded network   assets in flood and bushfire prone areas under our Resilience Strategy to maintain   the safety and reliability of supply in the face of emerging threats from a changing   climate.
  • Committed to   a journey of reconciliation and building respectful relationships with   Aboriginal and Torres Strait Islander peoples, communities, and employees   under our Reflect Reconciliation Action Plan.
  • Improved   management of SF6 assets with investigations into alternatives technologies.
  • Continued ongoing   tree planting and volunteering programs.
  • Obtained certifications   for indoor environment and commenced Green Star and ISC ratings.
  • Procured 100% GreenPower for all filed service centres and offices

About Endeavour Energy

Endeavour Energy is one of Australia's most efficient networks, powering NSW's fastest growing economies and sustaining the jobs and lifestyles of 2.7 million Australians, living, and working in Central West NSW, the Blue Mountains, Greater Western Sydney, Southern Highlands, Illawarra, and South Coast of NSW.

Since 1890, we have expanded our footprint to be at the forefront of Australia's energy industry in integrating traditional and renewable energy sources. Our mission is to leverage the latest technology and data to plan the grid of tomorrow where batteries, microgrids and solar integrate seamlessly with the traditional distribution network to power communities for a brighter future.

About GRESB

GRESB is a leading global standard for sustainability performance, providing standardized and validated Environmental, Social, and Governance (ESG) data to financial markets.

Established in 2009, GRESB is used by 150 institutional and financial investors to inform decision-making, aligning its benchmarks with international frameworks such as the Paris Agreement and the UN Sustainable Development Goals.

GRESB's industry-driven standards and rigorous validation have made it a trusted benchmark for real asset sustainability assessment, offering the global financial community actionable insights that drive the transition to a sustainable future.


Published on Oct 1st 2024