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Psaros Announced as Finalist in Australia's Prestigious Sustainability Awards

Leading WA property developer Psaros has been recognised in Australia’s renowned Banksia Sustainability Awards with achievements in Sustainability Leadership.

The Banksia Sustainability Awards are one of the most prestigious awards in the country, showcasing the best sustainability achievements in innovation and in business.

“We are very proud to be recognised in this National award.  In early 2013 we made a commitment to reduce the environmental impact of our business and since then our team, led by our passionate Head of Sustainability Chiara Pacifici, has worked tirelessly to integrate sustainability policy and initiatives in all areas of our operations,” Danny Psaros, CEO.

Psaros has pioneered Life Cycle Assessment (LCA) for multi-residential buildings in Australia, enabling them to understand performance-based results and make changes to design and construction where possible. Their team assesses each building design based on the embodied energy, through to operational energy for the life of each building. They collaborate with consultant teams including ESD Consultants eTool® to improve the performance and deliver better quality, future-proofed, affordable and more comfortable places to live.

These green apartments now offer buyers and subsequent occupants the ability to generate their own free solar electricity as well as the integration of a range sustainability features that deliver social, financial and environmental outcomes for occupants. They are the only developers in Western Australia who measure their carbon impact which has in the end helped save them money and build a credible green reputation with a unique point of difference in the market.

“Being both developer and builder gives Psaros the advantage of being able to set new industry standards in environmental performance by integrating sustainability initiatives and technologies into our apartments.” Mike Enslin, Managing Director

In 2013, Psaros undertook the first carbon footprint of their head office and completed an energy audit that provided a snap shot of their existing operational costs and associated carbon emissions from business as usual. They adopted various energy reduction measures and efficiencies that improve on these results and review these annually. Psaros has committed to measure and minimise their ecological footprint annually, implementing energy efficiencies and offsetting the remaining carbon footprint.  This has made them the first mid-tier developer in Western Australia to operate a carbon neutral head office.

“Psaros believe they have a very unique and valuable role to play in educating the market to drive demand for environmentally considered dwellings and influence the industry and business to implement change.” Chiara Pacifici, Head of Sustainability