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Summary

The report provides detailed information on the company's key sustainability focus areas to stakeholders.

Report Highlights

Scentre Group released its 2015 Sustainability Report, which describes Scentre Group’s sustainability governance, policies, programs and performance in Australia and New Zealand for the calendar year 2014.

The report provides detailed information on Scentre Group’s key sustainability focus areas to stakeholders including employees, investors, responsible investment analysts, non-governmental organizations (NGOs), local government authorities and others stakeholders. This is Scentre Group’s first sustainability report and it builds up on data and information that was previously presented in Westfield Group’s sustainability reports, in so far as it related to the Australian and New Zealand portfolio of assets.

Scentre Group’s sustainability report is an important platform to communicate its progress on the organisation’s sustainability initiatives. Here are a few highlights from the Scentre Group 2015 Sustainability Report:

- Scentre Group maintains relationships with various stakeholders from local councils to shopper communities and retailers. Scentre Group strives to develop a better understanding of each of its stakeholder’s needs and expectations to provide access to shared value initiatives such as community contributions, virtual mall shopping, ticketless parking and relevant retail training.

- People and Culture: In 2014, Scentre Group has initiated a significant whole-of-business transformative process to allow a smooth transition from Westfield Group to Scentre Group. The change process consisted of efforts to stabilise our workforce in new teams, rebranding and systemic changes. As a result, the culture of Scentre Group continues to evolve to become a more agile, nimble and innovative organisation.

- Scentre Group continues to responsibly manage natural resources in an effort to minimise its environmental impacts. Scentre Group’s key material environmental aspects include energy, emissions, waste and water which it monitors carefully. The report also includes case studies illustrating practical innovative initiatives the organisation has implemented through the business to increase efficiencies and reduce its footprint.

Sustainability is a high priority for Scentre Group. It is driven to operate safely and efficiently, conserve energy wherever possible, produce less waste, regularly engage with stakeholders and embrace innovative technology and design techniques to help achieve its goals.

For more questions about the Scentre Group Sustainability report, email innovation@scentregroup.com. Follow Scentre Group’s latest progress on Twitter @ScentreGroup

Scentre Group

Scentre Group, owner and operator of Westfield shopping centres in Australia and New Zealand, was established in 2014 with a high quality retail portfolio of 47 shopping centres valued at AUD40.9 billion and continues to make sustainability a core focus of its operating business strategy. Scentre Group is a vertically integrated business which funds, designs, develops, builds and manages its own assets.

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