Newcastle Airport joins forces with CommBank to fund sustainability programs via $235m green loan

Newcastle Airport joins forces with CommBank to fund sustainability programs via $235m green loan

Newcastle Airport has joined forces with CommBank to fund a raft of pioneering sustainability programs over the next five years via an innovative $235 million Green Sustainability-Linked Loan (GSLL).

Newcastle Airport CEO, Dr. Peter Cock and representatives from CommBank will undertake a site tour of expanded terminal construction site and surrounds highlighting key sustainability features, achievements and priorities tomorrow.

Committed to being the green gateway to the Hunter, Newcastle Airport is committed to being the green gateway to the Hunter.

Newcastle Airport is one of only two airports in Australia to reach Level 4 Airport Carbon Accreditation by Airports Council International. (Out of 591 airports in the ACA Program worldwide, only 98 airports have achieved an ACA Level of four and above. It serves as a positive example, encouraging other airports to join in the collective journey towards a more sustainable future.)

The airport terminal expansion build has been Designed Assessed by the Green Building Council of Australia (GBCA) and is on track to receive a 5 Star Green Star Buildings rating – the first airport terminal in Australia to achieve this under the new rating tool.

Newcastle Airport is committed to achieving net zero emissions within our operational control by no later than 2030.

  • 99kw Solar System installed onto the Newcastle Airport Hangar in July 2021.
  • The new Premium Covered Car park is constructed from 1236 solar panels, forming a 710kW system.This will be providing more than 30% of the airport’s electricity needs.
  • Newcastle Airport signed a new energy purchase agreement with Flow Power to help reach its target of 100% renewable energy, seven years ahead of schedule.

Email the Travel Weekly team at traveldesk@travelweekly.com.au

newcastle airport

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