The Gamuda Green Plan – Meeting ESG Requirements
The work we do globally is underpinned by the Gamuda Green Plan, a comprehensive roadmap that commits the entire group to sustainable construction and development through tangible ESG targets. The Canopy on Normanby will aid us to deliver on these through innovative energy and environmental solutions such as the GSHP and Miyawaki Forest.”
Our guiding principle ‘Sustainability Through Innovation’, outlined in our Gamuda Green Plan, commits our entire company to achieving our targets. All business areas of Gamuda Land are required to report annually on these targets set out by our global HQ in Malaysia.
The Canopy on Normanby – South Melbourne
Our approach to sustainability at The Canopy on Normanby will provide a myriad of sustainability solutions that cohesively contribute to the project’s environmental impact. The GSHP will work alongside the 86kW rooftop solar array to provide 5 to 10% of the building’s overall energy requirements while the Miyawaki Forest, rainwater harvesting, and communal gardens will provide significant environmental and societal benefits.
Rising Material Costs
Another key challenge faced by developers is the rising cost of building materials, particularly when considering sustainability. The responsibility of us as a developer is to find cost-effective ways to incorporate this into the design of a project from its outset.
“By taking this approach we are able to realistically scale the price of apartments within our projects and design certain amenities to provide sustainable solutions at an affordable price point.
One of our key strategies for achieving our sustainability goals is the utilisation of the Group’s strong engineering background, industry connections and clever tech advancements to deliver never-before-seen innovations here in Melbourne.
A Greener Future
We recognise that implementing sustainable practices in property development can be challenging, but we believe that the benefits far outweigh the costs. By taking a long-term view of sustainability, we can create developments that are environmentally responsible, socially beneficial, and economically viable.
Ultimately, our goal is to create thriving communities that support the health and well-being of both people and the planet. By investing in sustainable innovation and contributing to a healthier home and city for our residents, we are helping to shape the future of property development in Australia.