OUTCOMES
Case Study
CR2Advisory Engagement with Singaporean Property Group Co. (2024)
Driving Asset Performance & Emissions Reductions in West Melbourne
Project Overview
CR2 Advisory partnered with Singaporean Property Group Co. to develop a strategic Asset Improvement & Carbon Reduction Plan for a 362-bed development at West Melbourne. Completed in October 2023 at a cost of $53.5 million, the goal was to reduce operating costs, enhance sustainability, and cut GHG emissions in line with global benchmarks.
Key Outcomes
- Over 50% reduction in GHG emissions
- Transition from 399 tCO₂e to ~208 tCO₂e post-intervention
- Clear ROI ranking across interventions
- Strong alignment with international decarbonisation frameworks
- Improved operational efficiency and sustainability performance
Resource Consumption
- Electricity: 1,543,103 kWh/year at $0.21 per kWh (down from $0.25)
- Water: 21,795 kL
- Gas: 1,983,989 MJ
- Waste: 1.13 m³ general + 0.38 m³ recyclables per month
Carbon Reduction Strategy
- Solar Film: -3 tCO₂e
- PV + Batteries: -72 tCO₂e
- LEDs: -16 tCO₂e
- Anaerobic Digestion: -40 tCO₂e
- Green Hydrogen, Lithium, Chillers: -60 tCO₂e
- BAS (Automation): -7 tCO₂e
- Green Power: -10 tCO₂e
- Residual Waste/Gas: -191 tCO₂e
Client Benefits outcomes
- Cost savings through energy and waste efficiencies
- Future-proofed asset for ESG performance and regulation
- Data-led investment prioritisation
- Comprehensive sustainability integration across operations
Case Study
CR2 Advisory x Australian Meat Co. (2024)
Driving Decarbonisation & Profitability Across 3 Farms
Project Overview
CR2 Advisory supported Australian Meat Co. in achieving impactful emissions reductions across three farm sites, addressing a total of ~70,000 tonnes CO₂e annually. Of this, ~62,000 tonnes CO₂e are targeted for reduction through strategic decarbonisation initiatives.
Key Outcomes
- Positive ROI on implemented work packages
- 3-year payback period, enhancing financial feasibility
- Lower operating and capital costs
- Resulting in better performance and profitability
Emissions Breakdown
- Total emissions: 68,101 tCO₂e per annum
- Site 1: 23,473 tCO₂e
- Site 2: 25,459 tCO₂e
- Site 3: 19,168 tCO₂e
Decarbonisation Strategy
- 50% from Anaerobic Digestion (AD)
- 21% from Hydrogen (H₂) Gas
- 18% from Solar + Batteries
- 11% reductions outstanding
Residual Emissions
Post-intervention, residual emissions drop to 7,776 tCO₂e/year, representing only 11.4% of the original emissions.
Client Outcomes
- Significant emissions reduction supports compliance with future regulatory and industry standards
- Increased operational resilience through energy diversification and waste reduction
- Enhanced ESG positioning—supporting investor confidence and stakeholder alignment
- Scalable decarbonisation model for rollout across future facilities
Additional
Abattoir
Context:
Food processing facility with grid constraints limiting planned upgrades.
Solution:
Site-by-site energy, power, water, and waste analysis with P2NZ engineering roadmap.
Outcome:Projected 88% CO₂ reduction; each project delivered 3–33% IRR (not including avoided offset costs)
Student Accommodation
Context:
High-energy inner-city sites needing sustainable upgrades beyond existing cooling capacity.
Solution:
Carbon footprint assessment and ROI-ranked decarbonisation work packages.
Outcome:Established baseline emissions, delivered Asset Improvement Plans, and achieved positive ROI across portfolio.
Business Park
Context:
Early-stage logistics park near an international airport requiring scalable infrastructure.
Solution:
Modelled utility, transport, and operational scenarios with agreed P2NZ pathway.
Outcome:Defined decarbonisation roadmap helped secure $200M+ contract with aerospace client.