Targets
Status
100% of new developments and redevelopments to conduct biodiversity assessments
Maintain >70% of our horticulture investment sum in planting native flora
Establishing a resilient natural environment for our future generations is important. We regularly assess nature-related risks and opportunities to minimise adverse biodiversity impact and contribute positively, where feasible, in any locations where our business operates.
Biodiversity brings direct and indirect benefits to our business through the provision of natural resources, such as food, water, fuel, and natural fibres, as well as absorption of pollution and waste.
All of our properties are in urban locations, and none are in or adjacent to protected areas with high biodiversity value. Nevertheless, we remain mindful that the physical footprint of our assets can have both negative and positive impacts on biodiversity at different stages of investment and asset life cycles. We strive to minimise negative impact and deliver positive biodiversity outcomes during acquisition; planning, design, and construction; operation and maintenance; and fit-out and renovation of our properties.
100% of new developments and redevelopments to conduct biodiversity assessments
Maintain >70% of our horticulture investment sum in planting native flora
Achieved
On Track
Lagging Behind
Not Commenced
We evaluate biodiversity risks and opportunities as part of our due diligence, in line with our Biodiversity Policy and Responsible Investment Policy.
We conduct ecological impact assessments and promote the use of sustainable materials.
We reduce biodiversity impacts through resource conservation and collaborate with community and environmental partners.
We integrate biodiversity into placemaking initiatives such as green roofs, native planting and community-focused green spaces.