Greening up the unlisted commercial property sector

09:30 am on 14 July 2022

PMG Funds' Scott McKenzie and 8 Rockridge Ave, the first building in PMG's portfolio to secure a 4-star NABERSNZ energy rating. Photo: Supplied

The head of a property funds management group is calling out his own industry as one that needs to lift its green game and do more to reduce its carbon footprint.

Scott McKenzie is the chief executive of PMG, which has just released its first Sustainability Report looking at the green credentials of properties in its own portfolio.

The commercial property sector contributes significantly to the country's carbon emissions, and while bigger property firms have obligations to report what they're doing to combat that - the majority, which are privately held or unlisted - do not.

Scott joins Kathryn to talk about why it makes sense for more private buildings to go green.

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