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Star Entertainment Group Prepares To Set Up Carbon Farm In Queensland

Posted on February 14, 2023 | 9:05 am

Star Entertainment Group, one of the most important operators of land-based casinos in Australia, has announced that it is ready to invest in a new carbon farm located in the state of Queensland.

The company has acquired a parcel of farmland which spans across 170 hectares in South East Queensland and it plans to manage its future carbon emissions reduction while supporting biodiversity and native forest regeneration.

The land is located near the city of Gympie and it will become the first carbon credits project developed by Star Entertainment. The company plans to create a nature-based farm in partnership with local farmers and also desires to plant trees on a large scale in order to support endangered species like the koala bear.

Speaking about this project, Amanda Visser, Head of Sustainability at Star Entertainment Group, revealed that the company has been preparing this project for the past couple of years.

The Star Entertainment executive also announced that over 100,000 native trees will be planted on the company’s land over the next five years. The purpose of this extensive planting project is to “establish a koala sanctuary” and also create a habitat for other local endangered species.

The newly-planted trees will also generate Australian carbon credit units for the company as Star Entertainment has registered the tree-planting component of its project under the Emissions Reduction Fund. The project will also benefit from the carbon management expertise of Ndevr Environmental. Planting should begin in Autumn 2023.

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Tough Times For the Company

Speaking about the launch of the carbon farm, Robbie Cooke, the Chief Executive Officer and Managing Director of Star Entertainment, said that this project represents “a further demonstration of The Star’s ambition to develop and operate socially, environmentally and economically sustainable destinations.”

The announcement comes at a very difficult time for the company after it was fined 100 million Australian dollars by the Queensland government and also got served with a class-action lawsuit in Victoria.

Star Entertainment was founded in 2011 and it owns and operates the Treasury Casino & Hotel The Star Gold Coast and The Star Sydney. The company also manages the Gold Coast Convention & Exhibition Center on behalf of the Queensland Government.

SOURCE“Star Entertainment Group to launch carbon farm in Queensland“Inside Asian Gaming. February 8, 2023.

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