Wellington Airport: 5th Most Sustainable in the World

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by KnowESG
KnowESG_Wellington Airport: 5th Most Sustainable in the World
Image courtesy of Wellington Airport

Wellington Airport has once again demonstrated its strong commitment to sustainability, earning a remarkable fifth-place ranking in a recent independent global assessment among participating airports.

Conducted by GRESB, an organisation that annually evaluates the environmental, social, and governance (ESG) efforts of companies worldwide, Wellington Airport achieved a stellar score of 96 out of 100, earning it a prestigious five-star rating and the coveted 'sector leader' status.

Among a diverse array of 681 entities spanning various industries, the airport secured an impressive 85th position.

Matt Clarke, the CEO of Wellington Airport, expressed his delight at the achievement, attributing it to the diligent efforts of the airport's dedicated team.

He emphasised the importance of engaging in independent assessments like these to gauge and monitor their ongoing progress. While recognising that there remains much work to be done, Clarke took pride in the airport's global standing.

Notable recent sustainability milestones at Wellington Airport include:

  • Committing to achieve net-zero emissions for their own operations by 2030, coupled with a 30% reduction in water consumption and waste sent to landfills.

  • Attaining Level 2 (Reduction) Certification from the prestigious Airport Carbon Accreditation programme in 2022.

  • Transforming $100 million in bank facilities into sustainability-linked loans.

  • Collaborating with electric aircraft manufacturer Heart Aerospace in partnership with other New Zealand airports and airlines.

The GRESB assessment evaluates overall performance (60%) and management (40%). Wellington Airport has set a target to consistently achieve a minimum score of 90 out of 100 on GRESB assessments annually.

GRESB is a mission-driven organisation led by industry experts that delivers standardised and validated ESG data to financial markets.

Established in 2009, GRESB has emerged as the foremost ESG benchmark for real estate and infrastructure investments worldwide.

It is relied upon by 150 institutional and financial investors to inform their decision-making processes. For additional information, please visit GRESB.com.

For more investor-related news

To view and compare company ESG Ratings and Sustainability Reports, visit our Company ESG Profiles page.

Source: Wellington Airport

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