Goodman's 2030 Sustainability Strategy

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Goodman's 2030 Sustainability Strategy

For more than 25 years, Goodman has focused on building a sustainable business for the long term. One that benefits our customers and delivers returns for our investors.

Our sustainability strategy has clearly defined objectives, under three pillars, that we use to hold ourselves accountable.

01. Properties
Sustainable properties allow us to meet customer needs, support health and well-being and be more resilient to climate impacts, all of which contribute to higher occupancy rates. By 2025, we aim to have 400 megawatts of solar panels installed on Goodman properties. That's enough energy to power about 120,000 homes for a year. We also aim to use 100% renewable energy and be carbon neutral.

02. People and culture
Having a culture that embraces sustainability allows us to attract smart people with similar values, encourage long-term thinking and support the well-being of people everywhere. At Goodman we strive for a safe work culture without fatalities on site. We prioritize human rights and business ethics in our supply chain and we aim for a 50/50 gender ratio, with 40% of women in senior leadership positions by 2030.

03. Business performance
Sustainable performance allows us to remain financially resilient, accountable to ESG objectives and making a real and tangible difference to the vulnerable in our communities. With a strong financial foundation, we plan to maintain our investment grade credit rating, increase our ESG disclosure and, through the Goodman Foundation, invest $50 million in grassroots charities by 2030.

This may all sound ambitious to some, but at Goodman we believe it is important to aim high. We know it won't be easy. But we also know that if it were even slightly less, we wouldn't be aiming high enough.

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Goodman was founded more than 30 years ago and aims to make room for the greatest ambitions of our stakeholders.

As global specialists in industrial real estate, we own, develop and manage high-quality real estate properties in strategic locations in 17 countries. However, we are aware that it is not only what we do that is important, but also how we do it.

We strive to create solutions that benefit our customers now and in the future, and we focus on delivering sustainable returns for our investors. We are listed on the Australian Stock Exchange and have a number of private partnerships with institutional investors.