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CR&S 2010<br />

Climate<br />

and our<br />

environment<br />

Waste and materials<br />

Managing waste efficiently enables us<br />

to reduce our environmental impacts<br />

and save costs related to waste disposal.<br />

We aim to reduce and reuse our waste,<br />

rather than sending it to landfill. Waste<br />

management is particularly important<br />

in our Commercial Property business,<br />

where we have a high degree of influence<br />

in helping to reduce waste and manage<br />

the use of materials.<br />

Our Commercial Property business has<br />

set targets to reduce waste to landfill.<br />

For our operating assets this includes<br />

a target of 20 per cent of waste being<br />

diverted from landfill for our retail assets<br />

and 70 per cent for our office portfolio. We<br />

achieved the target for retail (26 per cent<br />

of waste was diverted from landfill) but<br />

unfortunately not for our office portfolio<br />

(66 per cent) in FY10. This was due to a<br />

number of issues at a small number of<br />

office sites. We will work closely with our<br />

waste management providers to improve<br />

this in FY11.<br />

In our Residential business we have<br />

collected waste data from our contractor<br />

activities for the first time. The data shows<br />

that 94 per cent of waste from our civil<br />

and landscaping contractors is diverted<br />

from landfill.<br />

Commercial Property waste<br />

management<br />

We now collect waste data on a monthly<br />

basis for 100 per cent of our office sites,<br />

where we have operational control over<br />

waste, and 100 per cent of our retail sites.<br />

Our industrial tenants manage their own<br />

waste and we do not have any visibility<br />

over their reporting.<br />

We have continued to increase the<br />

number of recycling facilities in our office<br />

and retail sites. In the second half of<br />

FY10 we introduced recycling bins at our<br />

retail centres, which enable customers<br />

to recycle paper and cardboard and<br />

co-mingled waste (aluminium, glass and<br />

plastic). We hope these bins will lead to<br />

further reductions in waste to landfill at<br />

our retail sites.<br />

Waste audits were conducted on three of<br />

our assets this year – two office buildings<br />

and one retail centre. The findings from<br />

the audits indicate that our current<br />

processes are good but that higher<br />

recycling rates are attainable. To help us<br />

achieve this, we will continue to increase<br />

the availability of recycling facilities at our<br />

assets and to provide information to our<br />

tenants, customers and cleaners on how<br />

they can reduce waste.<br />

Operational waste (tonnes)<br />

Office<br />

Office FY10 Office FY09 Retail FY10 Retail FY09<br />

Total waste 2,781 4,038 12,058 8,546<br />

Total waste to landfill 947 1,401* 8,956 7,203<br />

Total waste recycled 1,834 2,637 3,101 1,343<br />

Diversion from landfill (%) 66 65 26 15<br />

Percentage of portfolio reporting (%) 100 90 100 81<br />

Boundary: We are reporting against the same National Greenhouse and Energy<br />

Reporting Act (NGERA) ‘operational control’ boundary that we use for energy and water.<br />

We report on all properties within this boundary, with the exception of some properties<br />

where our tenants run their own waste contracts. We also report on a small number of<br />

additional properties that fall out of our NGERA boundary, but where we manage the<br />

waste contract for service provision purposes. Data provided by waste contractors is<br />

based on estimates (bin volumes converted to tonnes rather than weighed).<br />

* Error in calculation in FY09 report.<br />

Development waste (tonnes)<br />

Office FY10 Office FY09 Retail FY10 Retail FY09<br />

Total waste 291 12,120 663 1,146<br />

Waste recycled 242 10,580.9 552 994<br />

Waste to landfill 49 1,884 111 152<br />

Diversion from landfill (%) 83 87 83 87<br />

Percentage of the<br />

developments included (%) 100 100 50 20<br />

Boundary: Calculated based on total number of projects for which <strong>Stockland</strong> is the<br />

developer. Active waste is tracked through the builders, as for these sites the principal<br />

contractor has operational control.<br />

88<br />

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

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