Stockland releases its Annual Review 2013 and online sustainability reporting11/10/2013
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Stockland, Australia’s largest diversified property group, is proud to announce the the release of the company’s second integrated report, the Annual Review 2013, providing a strategic overview of its financial, social and environmental performance. Supporting the Annual Review is Stockland’s detailed, assured online Sustainability Reporting.
FY13 Highlights include:
- Achieving their Commercial Property greenhouse gas emissions intensity reduction target with a 23 per cent reduction against FY09 levels.
Since 2006, the company’s investment in energy efficiency programs has reduced their emissions by over 55,000 tonnes, the equivalent of turning off one of their larger shopping centres for 10 years, resulting in over $35 million in avoided costs.
- An increase in customer satisfaction scores across all of the company’s business units.
Through the proprietary liveability study it conducted across its residential communities, Stockland has been able to develop their Liveability Index and enhance its community value proposition by focusing on elements that contribute to higher customer satisfaction (or liveability) and ultimately drive sales growth.
- Enhancing the company’s green building credentials as part of its ongoing commitment to sustainable development.
In addition to its Retail portfolio having the most Green Star rated retail assets in Australia, Stockland achieved the first Green Star rating for a retirement living community centre, and are piloting the first Green Star Communities tool at Caloundra South.
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