Port of Newcastle has been awarded 1st place in its sector in Oceania and second place
globally by GRESB, the world's leading environmental, social and governance (ESG)
benchmark.
The GRESB score is an overall measure of ESG performance, represented as a
percentage out of 100, which gives quantitative insight into ESG performance over time
and against participating peer organisations.
"Just three years ago at the beginning of our sustainability and diversification journey we
started with a GRESB score of 40. We jumped to 75 last year and now in 2021, we are
ranked first across participating ports in Oceania and second globally having achieved a
score of 92 out of a possible 100," said CEO Craig Carmody.
"This is a great achievement for the Port of Newcastle, and we are committed to doing
more to build on our sustainability initiatives into 2022 and beyond.
"We welcome these rankings, particularly the GRESB first place ranking achievement in
the Oceania sector. It provides important comparison for the Port as to how we are
tracking against other ports and organisations in measuring our progress against the
leading global standards for best sustainability practices."
This year, Port of Newcastle achieved GRESB 5 Stars, the highest rating and
recognition for being an industry leader.