The first annual review of a groundbreaking Environmental, Social and Governance (ESG)
Reporting Standard for Australian community housing organisations has revealed significant
progress in sustainability practices among early adopters.
The standard, developed in collaboration with SGS Economics and Planning, Paxon Group, and
RITTERWALD, was launched in March 2023 and covers 41 criteria across environmental,
social, and governance dimensions.
Based on reports from 14 community housing organisations, managing around 44,000
properties, the ESG standard is fostering a strong focus on energy efficiency upgrades. Four
community housing organisations reported using quality insulation to address energy efficiency.
All providers relied on a combination of retrofit activities (gas replacements, installation of solar
panels and energy-efficient heating and cooling systems) and policy and design levers to
improve energy efficiency. Organisations also showed a growing emphasis on tenant education
regarding energy conservation and sustainability practices.
Full media release here