Stockland Corporate Responsibility and Sustainability Report

Our CR&S Approach

Responsible investment

We became a signatory to two investment-focused initiatives in our previous reporting year: the Investor Group on Climate Change (IGCC) and the United Nations' Principles for Responsible Investment (UN PRI). Initially, these initiatives were sponsored by our Unlisted Property Funds (UPF) business, however we have come to apply the principles of these organisations to the management of our properties and projects - beyond those held in UPF.

Principles Principles
UN Principles for Responsible Investment:

  


This past year we have:

1. We will incorporate Environmental Social Governance (ESG) issues into the investment analysis and decision-making process.

  
  • Continued to reference our ESG practices in investment policy reports. We have formalised environmental and social risk analysis as part of our acquisition and project management processes.

2. We will be active owners and incorporate ESG issues into our ownership policies and practices.

  
  • Continued to apply environmental rating tools such as NABERS and Green Star to rate and guide our management and design of our properties and projects.

3. We will seek appropriate disclosure on ESG issues by the entities in which we invest.

  
  • Disclosed the environmental and social performance of our projects and properties through our annual CR&S reporting. This includes disclosure of NABERS and Green Star ratings, as well as our relationships with our stakeholders.

4. We will promote acceptance and implementation of the Principles within the investment industry.

  
  • Initiated engagement with our property peers on the purpose of these principles, and promoting environmental, social and governance (ESG) performance indicators, particularly through industry events.

5. We will work together to enhance our effectiveness in implementing the Principles.

  
  • We have worked with peers in the development of A Guide to Corporate Responsibility Reporting in the Property Sector with property sector peers. The guide sets out how property organisations might simply and effectively commence disclosure of environmental and social performance.

6. We will report on our activities and progress towards implementing the Principles.

  
  • We are committed to reporting on our progress in future CR&S reports.