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Stockland Releases 2015 Annual Review and Sustainability Reporting

Stockland Releases 2015 Annual Review and Sustainability Reporting

Published 09-24-15

Issued by Stockland

Report Highlights

 

Stockland is proud to announce the launch of its FY15 Annual Review and online Sustainability Reporting.  It’s been another big year for sustainability at Stockland, with a refreshed sustainability strategy, exciting achievements and progress on our targets.

It is also proud to recently be announced as this year’s Global Real Estate Sector Leader on the Dow Jones Sustainability Index. This is wonderful acknowledgement of its work across its business to deliver more sustainable outcomes for its stakeholders.

Highlights for the financial year 2015 include:

  • $60m in energy efficiency savings - Since FY06 Stockland has saved over $60m through electricity intensity reductions across its retail and office portfolios. This includes savings passed on to tenants.

  • Stockland CARE Foundation launch - This year the Stockland CARE Foundation was launched with capital contribution of $8m. The income of the Foundation will be donated to community partners focused on the areas of health, wellbeing and education. The first charity partners are Redkite and the Touched By Olivia Foundation.

  • Australia’s first corporate green bond - In November Stockland issued Australia’s first corporate green bond to help fund sustainable projects.

  • Largest single rooftop solar system - It installed Australia’s largest single rooftop solar system; a 1.22MW rooftop solar system at the Shellharbour Shopping Centre in the Illawarra region of New South Wales.

  • Caloundra South – 6 Star Green Star Community - Stockland received a 6 Green Star Communities rating for its largest project Caloundra South - representing world’s best practice in sustainable development. The new city will ultimately be home to around 50,000 people.

  • Most Green Star shopping centres – Stockland has developed the most Green Star rated shopping centres in Australia. In FY15, it received five Green Star Retail ratings at Townsville, Shellharbour and Hervey Bay (as built rating) and at Baldivis and Wetherill Park (design rating).

  • Progress toward 50% women in management – The company furthered its progress toward its target to increase the percentage of women in management roles to 50% by 2020; achieving 45% this year.

  • Inaugural Supplier Roadshow - Stockland launched its ‘Supplier Roadshow’ and engagement program across the country. Sharing its sustainability strategy and vision with suppliers who are integral to the business and to strengthen relationships.

Stockland is Australia’s largest diversified property group. The company owns, manages and develops shopping centres, logistics centres, business parks, office assets, and residential communities and retirement living villages.

Founded in 1952, Stockland’s vision is to “not merely achieve growth and profits but to make a worthwhile contribution to the development of our cities and great country”. Today, Stockland leverages its diversified model to help create thriving communities where people live, shop and work.

 

 

Stockland

Stockland

Stockland is the largest diversified property group in Australia, with operations also in New Zealand and the United Kingdom. We are active in retail, commercial and industrial property, as well as residential, retirement living and funds management sectors.

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