Stockland 2016 Annual Review & Sustainability Reporting
Stockland is proud to announce the launch of its online Sustainability Reporting for the year ended 30 June 2016, supporting the 2016 Annual Review.
We have continued to progress our sustainability strategy, improving the liveability of our communities and properties through ongoing stakeholder engagement and innovations such as inclusive playspaces, energy efficient technologies, and employment programs.
We are also extremely proud that we were recently named the Global Real Estate Sector Leader for the second consecutive year in the Dow Jones Sustainability Index as well as the Regional and Global Sector Leader for the Office/Retail category in the GRESB (Global Real Estate Sector Benchmark) survey. Together, these accolades are an incredible acknowledgement of our commitment and achievements in sustainability over many years.
Some highlights from FY16 include:
- Australia’s first Green Star retail portfolio rating – in June 2016, we achieved a Green Star – Performance portfolio rating for 22 of our metropolitan and regional retail centres, underlining the increasing efficiency of our Retail operations, where we have reduced electricity usage by 30% per sqm since FY06, saving $30 million.
- Supporting enduring employment in the NSW Hunter Valley – the Stockland Connectivity Centre at the $372 million Green Hills shopping centre redevelopment is a whole-of-community response, helping to connect unemployed young people to jobs and skills training in construction, and retail and hospitality.
- $4.05 million investment in community development initiatives – through our expanded suite of 15 community partners nationally, we implemented more than 560 community development initiatives to boost health and wellbeing, education and connectedness.
- Recognised as an Employer of Choice for Gender Equality – for the second year in a row, we received this citation from Australia’s Workplace Gender Equality Agency.
- New social infrastructure in our communities and retail centres – we delivered four inclusive playspaces and four social enterprise cafés in partnership with Touched by Olivia Foundation.
- Pioneering solar air conditioning technology – in partnership with the CSIRO, we recently unveiled a new solar-powered air conditioning system at Stockland Wendouree that aims to change the way energy is used on a commercial scale.
- Flexible work options for our employees – our company-wide Flexibility@Stockland program is available to 1,500 employees and 61% of employees have now taken up some form of flexible work arrangement.
- Exceeded our waste diversion targets – we improved our waste management across our businesses, with significant amounts of waste from residential and retirement living developments and retail operations diverted from landfill.
Media Contact:
Greg Spears
612 9035 3263
