Everything’s Connected: Mirvac’s 2016 Sustainability Report24/10/2016
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At Mirvac, sustainability is integral to creating customer and shareholder value. This year’s sustainability report, “Everything’s Connected”, showcases how integrating social and environmental sustainability in the business has resulted in vibrant, safe, engaged and highly efficient developments; as well as strong financial outcomes for the business.
Everything’s Connected is the Group’s third report since launching its sustainability strategy – This Changes Everything. Sustainability is even more entrenched in the business actions, and is driving Mirvac’s business performance on all fronts. Significant progress has been made on the strategy commitments including: delivering two Smart Buildings, developing a Sustainable Lifestyles Index, and achieving a 20 per cent reduction in carbon intensity (from 2013 baseline). This year, seven new commitments were also released including creating biodiversity plans for all assets and piloting a home with no bills by 2018.
Key achievements reached by Group during financial year 2016 (“FY16”) included the move to 200 George Street in Sydney, one of the Group’s first Smart Buildings, which includes the profit-for-purpose café developed in partnership with the YWCA where all profits fund the YWCA’s domestic violence programs.
Mirvac’s achievements reached beyond environmental metrics; this year Mirvac embarked on an industry first, creating a framework and tool for measuring our social and economic impacts. Click here to read about Mirvac’s Social Return on Investment.
In addition to the above, other key highlights this year included:
- The Office portfolio maintained a 5.1 star NABERs rating for energy.
- Created nine biodiversity action plans.
- Educated 821,471 people on sustainability.
- Launched the House with No Bills project
- Developed a Sustainable Lifestyles Index.
- Completed 10 Lifecycle Assessments.
- Reduced water intensity by 23.6 per cent (from FY13 baseline).
- Increased community investment from $1.8 million to $2.1 million.
Mirvac’s FY16 Sustainability Report and Global Reporting Index (“GRI”) Index is in accordance with the “core” criteria for disclosures under the GRI G4 Sustainability Reporting Guidelines. The GRI index is available for download from Mirvac’s FY16 Sustainability Report website and provides a list of Mirvac’s GRI disclosures and location in the report. Selected key data for FY15 has been independently assured by PWC under the ASAE 3000 standard.
As one of Australia’s largest property companies, the Group recognises it plays an important role in delivering and managing sustainable office buildings, retail centres, industrial centres and residential communities.
To view a copy of Mirvac’s FY16 Sustainability Report, visit http://sustainabilityreport.mirvac.com/.
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