Project Summary

AWARD RECEIVED BY THE PRO-INVEST FOR THE PROJECT

Green Hotel of the Year (Finder Green Awards, 2021)

CERTIFICATION RECEIVED BY THE PRO-INVEST GROUP FOR THE PROJECT

Carbon Neutral Building Certification Under NABERS Climate Active Pathway Scheme

Ecosave Helps Pro-Invest Group's Holiday Inn Express (Newcastle) Become the First Australian Hotel to Receive NABERS Carbon Neutral Certification

Pro-Invest Group and their objectives

Pro-invest Group’s integrated platform enables investors to access real estate opportunities in an efficient and effective manner. With A$2bn under management, Pro-Invest covers all major real estate classes with a particular focus and specialisation in hotels. Pro-Invest Group takes an active focus on Environmental, Social and Governance (ESG) and actively participates in programs such as the Global Real Estate Sustainability Benchmark (GRESB).

Pro-invest Group’s mission is to create sustainable returns in an effective and responsible way. Pro-Invest has a strong focus on leveraging innovative technologies and sustainability solutions to generate sustainable returns, reduce ESG risks, and improve the energy performance of their building portfolio. Among their priorities, Pro-Invest Group set a target to achieve net Zero Emissions for their Hotel portfolio by 2030.

Partnering with Ecosave

Ecosave provides Pro-Invest Group with a tailored suite of solutions across a number of different engagements to achieve their key ESG objectives, including a multi-year NABERS Rating scheme, Net Zero Strategy development, Energy Assessments, Solar PV feasibility studies, technical implementation support, and assistance in obtaining various government grants for several sustainability initiatives across their portfolio.

For the Net Zero Strategy Ecosave’s Net Zero experts developed a strategic framework for Pro-Invest to achieve their Net Zero Emissions by 2030. The scope of the engagement and project deliverables include:

  • Gap Analysis Report
  • Portfolio Opportunities Report
  • Emissions Reduction Strategy Report
  • Consulting, Energy Audits, Metering, and Implementation Projects
  • Annual Public Disclosure Summary Report

The willingness of Pro-Invest, combined with the framework and guidance provided by Ecosave’s Net Zero Strategy has enabled Pro-invest Group to make substantial progress towards achieving their sustainability targets and delivering tangible outcomes.

Tangible Outcomes

With the strong trading of the Holiday Inn Express Newcastle even during COVID-19 disruptions, the hotel was selected to trial the strategy and obtain the key learnings needed to execute the Net Zero 2030 strategy across Pro-invest Group’s hotel portfolio.

As a result of implementing the Net Zero Strategy developed with Ecosave, Holiday Inn Express Newcastle, has officially become the first hotel in Australia to obtain Carbon Neutral certification under the NABERS Climate Active pathway. Further to this milestone accomplishment, Pro-Invest also became the Winner of the Green Hotel of the Year Award (Finder Green Awards), recognising their commitment to sustainability and leadership in the Hotel sector.

Media Coverage of the Pro-Invest Group's Project: Read The Fifth Estate's Report on the Successful Implementation of the ESG initiatives.

Following the Net Zero Strategy framework developed by Ecosave, Pro-Invest Group’s commitment to Net Zero 2030 has since evolved and is now under consideration for Pro-invest Group’s entire hotel estate.

Do you wish to pursue a project similar to Pro-Invest Group? Connect with Our Net Zero Experts to Explore Various Sustainability Projects You Can Implement at Your Organisation.
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