Supply Chain

Our ability to meet sustainability goals depends on the performance and integrity of our suppliers. A responsible, well-managed supply chain safeguards compliance, reduces operational risks and helps drive positive environmental and social outcomes across our value chain.

All new suppliers are required to meet baseline financial, technical and ESG criteria and acknowledge our Supplier Code of Conduct or equivalent standards.

We require user departments to conduct annual environmental and social compliance checks on the tier-1 critical suppliers, with ongoing monitoring to address potential misconduct. Material breaches may lead to contract suspension or termination. We prioritise suppliers who:

Adopt internationally recognised management systems related to sustainability
Have sustainability policies and procedures in place and provide training to their staff

Where practical, we prioritise procuring goods that are:

Durable and reusable
Energy and water efficient
Recyclable and/or have high recyclable content
Wood and paper products from well-managed sources
Chemical products that minimise environmental and health and safety hazards
Locally/regionally produced materials where available

Targets

Status

100% implementation of Supplier Code of Conduct and Procurement Policy⁽¹⁾

Annual environmental and social compliance check on critical suppliers⁽²⁾

Notes:

⁽¹⁾Applicable to suppliers who provide services for our managed portfolio with operational control.

⁽²⁾Critical suppliers are defined as those with high awarded contract sums and material impact on property operations within the financial year.

Targets

Status

Notes:

Achieved On Track Lagging Behind Not Commenced