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CR&S 2010<br />

Our approach<br />

Commercial Property<br />

Sustainability Policy<br />

In May 2010, our Commercial Property<br />

business unit released the Commercial<br />

Property Sustainability Policy covering<br />

both operational and development sites.<br />

The policy was developed to ensure<br />

sustainability is considered from<br />

the outset of a new development<br />

as well as being an integral part<br />

of its day-to-day operations.<br />

The policy sets minimum performance<br />

standards for all Commercial Property<br />

assets and is based on our four<br />

sustainability priority areas:<br />

• Customer relationships – Improving<br />

customer understanding, satisfaction,<br />

retention and performance,<br />

• Community relationships –<br />

Strengthening and sustaining our<br />

reputation within the communities<br />

where we operate,<br />

• Natural resources – Minimising<br />

our impact on natural resources,<br />

• Energy and climate change –<br />

Maximising business and asset<br />

performance within emerging climate<br />

change and energy risk parameters.<br />

The policy will enable us to translate our<br />

sustainability vision into on-the-ground<br />

outcomes and aims to help us:<br />

• Reduce energy and water<br />

consumption,<br />

• Reduce greenhouse gas emissions,<br />

• Increase recycling rates,<br />

• Improve indoor environments such<br />

as higher rates of fresh air and better<br />

access to external views,<br />

• Increase our ability to meet community<br />

and stakeholder expectations.<br />

The policy ensures that we are taking<br />

a consistent approach to how we<br />

enact sustainability.<br />

Commercial Property sustainability policy<br />

CUSTOMER<br />

RELATIONSHIPS<br />

Improve customer<br />

understanding, satisfaction,<br />

retention and performance<br />

ENERGY AND<br />

CLIMATE CHANGE<br />

Maximise business and<br />

asset performance within<br />

emerging climate and<br />

energy risk parameters<br />

OUR PRIORITIES<br />

Commercial<br />

Property<br />

Sustainability<br />

Policy<br />

COMMUNITY<br />

RELATIONSHIPS<br />

Understand, interact with and<br />

contribute to the communities<br />

in which we operate<br />

NATURAL RESOURCES<br />

Minimal impact on<br />

natural resources primarily<br />

through our water and<br />

waste management<br />

20<br />

<strong>Stockland</strong> Corporate Responsibility & Sustainability Report June 2010

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