Stockland launches FY14 Reports30/09/2014
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Stockland, Australia’s largest diversified property group, is proud to announce the launch of its online FY14 Sustainability Reporting. This supports the Annual Review 2014, the company’s third integrated report providing a strategic overview of its financial, social and environmental performance.
FY14 Highlights include:
1. Their new approach to sustainability reporting to enhance both the relevance and scope of annual disclosures.
Stockland’s online sustainability report focuses specifically on those issues of greatest relevance to the business during the reporting period, while their new Disclosures on Management Approach (DMA) series provides a detailed overview of their approach to managing key sustainability issues of significance to their business, their industry and their stakeholders.
2. The transformation of their Supply Chain Management approach delivering significant commercial and sustainability benefits.
Stockland has successfully internalised its Project Management and Direct Procurement functions creating an industry leading model that has reduced cumulative spend variability, delivered measurable decreases in project volatility and risk exposure, improved asset management, increased competitiveness, and produced industry leading practices and sustainability outcomes.
3. Exceeding their FY14 Commercial Property greenhouse gas emissions intensity reduction target with a 29 per cent reduction against FY09 levels.
Since 2009, through operational excellence and strategic investment in energy efficiency initiatives, Stockland has saved over 5 million dollars and abated more than 85,000 tonnes of greenhouse gas emissions. In FY14 alone, Stockland’s tenants will save over 4 million dollars on energy bills.
Comments and feedback on Stockland’s Sustainability Reporting and Annual Review can be directed to email@example.com.
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