The Clean Energy Finance Corporation (CEFC) will invest $75 million in sustainability measures across lifestyle and holiday properties to help lower carbon emissions and reduce electricity costs.
In a move that positions Ingenia Communities as an emerging sustainability leader in its sector, the Group has committed to reducing its carbon emissions by 30 per cent in the next five years as it targets a carbon neutral operation by 2035.
CEFC CEO Ian Learmonth said the property sector presents a great opportunity to accelerate Australia’s pathway to a lower emissions economy.
“Buildings account for more than half of our national electricity use and almost a quarter of emissions across the Australian economy,” he said.
Ingenia Communities will pilot the Green Building Council of Australia’s Green Star Homes Standard across 30 new homes, providing healthy, resilient and energy efficient living options for senior Australians.
Ingenia Communities is investigating a range of sustainability measures including rooftop solar on existing homes and clubhouses, replacing low-efficiency lighting, hot water systems, and air conditioners with modern efficient models and exploring energy supply agreements that deliver clean energy to residents and common areas.