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<strong>April</strong> <strong>2024</strong> BAY OF PLENTY BUSINESS NEWS 3 BAYFAIR WINS SUSTAINABILITY AWARD > From page 1 International rating The internationally recognised sustainability rating system was introduced to New Zealand in 2007. More than 250 new building projects have gained Green Star certification. But <strong>Bay</strong>fair is the first shopping centre in the country to achieve the coveted 4-star rating for its sustainable operation, signifying best practice, according to <strong>Bay</strong>fair Shopping Centre co-owners Australasia’s Dexus Wholesale Shopping Centre Fund, and Fisher Funds. According to Dexus, the group has a $17.4 billion real estate development pipeline and had a sustainability aspiration to unlock the potential <strong>of</strong> real estate assets to create a lasting positive impact and a more sustainable tomorrow. Dexus added that it managed an Australasian real estate and infrastructure portfolio valued at $61 billion (pro forma post final completion <strong>of</strong> the AMP capital acquisition). Dexus Head <strong>of</strong> Sustainability, Ramana James said: “Our sustainability aspiration is to unlock the potential <strong>of</strong> real assets to create lasting positive impact and a more sustainable tomorrow.” Ongoing initiatives The success <strong>of</strong> <strong>Bay</strong>fair Shopping Centre’s latest rating recognised ongoing management initiatives at <strong>Bay</strong>fair, including: an accredited Environmental Management System plan, procuring non-hazardous cleaning products, conducting regular procurement audits <strong>of</strong> contractors and raising staff awareness <strong>of</strong> the sustainable procurement policy through training sessions. “It was great working with <strong>Bay</strong>fair Shopping Centre team on their successful rating and seeing the amazing sustainability initiatives underway,” said Bobby Shen, NZGBC’s business development manager – existing Steve Ellingford buildings. “Our independent third-party assessors were impressed by the submission and the work put into this building to lessen its environmental impact,” he said. “The Green Star Performance framework provides managers with a certified benchmark to verify the impact <strong>of</strong> their initiatives and assess how they can improve the experience for customers, visitors and staff,” added Shen. “A huge congratulations to all involved, it’s a fantastic achievement.” Reducing environmental impact According to a statement put out with the award, <strong>Bay</strong>fair’s management has been innovative in ways to reduce the centre’s environmental impact. Their initiatives include encouraging alternative transport through coordinating ridesharing, EV charging, access to bike end-<strong>of</strong>-trip facilities and sponsoring and supporting the ‘Wednesday Challenge’ – a pointbased system encouraging and rewarding people for ditching their cars in favour <strong>of</strong> other means <strong>of</strong> transport. The 440-seat food court demonstrated best practice with what the award described as a unique operation to manage and divert waste from landfill. There are no customer waste bins in the food court and instead, the food court team collects and sorts 100 percent <strong>of</strong> the customer waste generated. This helped divert waste from landfill and reduced recycling contamination, further increasing the diversion rate to 56 percent, according to the award. 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