We aim to provide business solutions that better serve our customers while reducing our impact on the environment.
As a leading real estate developer and manager, we are always looking for smarter and more efficient ways to develop and operate our assets. We are committed to creating resilient assets and communities that can flourish with adaptive and responsive design. Our customers want to run their homes and businesses cost effectively, but also appreciate a connection to the natural environment.Watch our video: Optimise and Innovate
Stockland has a long standing commitment to manage climate change risk and reduce its carbon emissions. As a major developer and manager of property assets, we acknowledge that the built environment impacts on Australia’s emissions profile. We also acknowledge that civil works on residential development projects constitute a major source of our emissions. Our proactive approach to improving the energy efficiency of our assets and communities not only supports better environmental outcomes, but also improves cost of living and delivers tangible benefits for our business.
Our primary carbon and energy targets are to: achieve a 10% reduction in the emission intensity of our Retail portfolio by FY17 (based on FY14 baseline); and achieve a 40% reduction in energy usage per residential lot and retirement living home incorporated into the design of newly developed projects (compared to regional averages).
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Stockland has the largest number of Green Star rated retail properties in Australia, as verified by the Green Building Council of Australia. In FY16 we continued to extend our retail ratings and certifications, with a key target to secure a Green Star – Performance portfolio rating for our retail centres. This is a new Green Star tool from the GBCA requiring an existing energy rating from NABERS (National Australian Built Environment Rating System).
In an Australian first, in June 2016 we achieved a Green Star – Performance portfolio rating for 22 of our metropolitan and regional retail centres, receiving an average 3 Star rating, which is considered ‘Good Practice’. Stockland’s innovations such as climate adaptation and resilience, inclusive playspaces, electric vehicle charging stations and use of cool roof materials rated particularly well.
We will now continue working with our retailers and the community to improve the sustainability management and performance of our retail centres and capitalise on savings we achieve through operational efficiencies to invest in bringing the next wave of new technologies to life.
In FY16 alone our investment in numerous energy efficient measures has resulted in projected energy savings of approximately 1,718,000kWh annually, which is equivalent to removing 255 passenger vehicles driven for one year. These efforts add to our achievements since FY06 which have seen us reduce our electricity usage by 30% per square metre, resulting in a $30 million savings from avoided bills within our Retail operations.
Development is a key activity for Stockland, yet brings with it challenges and opportunities for our business, particularly in new urban growth corridors. Developments on greenfield sites can impact local bushland habitat, ecological communities and protected or significant species.
Our primary biodiversity target is to create a net positive impact on biodiversity across our new developments by FY17.
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Stockland’s emerging $5 billion city of Aura on Queensland’s Sunshine Coast is demonstrating the benefits of wide-ranging community engagement from the very early stages of the project.
Previously under pine plantation and grazing, the land of Stockland’s Aura residential development was becoming dominated by pine tree regrowth, melaleuca and casuarina regeneration, with a high fuel load of introduced weeds and grasses. A controlled ecological burn was therefore undertaken in June 2016 that followed the ancient cultural practices of Australian Aborigines.
Stockland provided support for the burn program through its Aura Community Stewardship Program. The program was developed by Stockland, community organisations and the Sunshine Coast Council to identify and optimise community land care opportunities within the Aura development.
This collaboration made it possible for cultural fire experts to teach cultural fire management techniques to local Kabi Kabi and Bunya Bunya Country Aboriginal Corporation members, including how to undertake low energy burns with well-considered spot ignition points to promote biodiversity. The burn was undertaken by the Traditional Custodians and supported by Rural Fire Brigades and Queensland Fire and Emergency Services.
Kabi Kabi First Nation and Bunya Bunya Country Aboriginal Corporation member Kerry Jones was excited to be part of the first burn on the coast since traditional times. “It was a great experience really connecting with country and doing things how they’re supposed to be done,” Kerry said. “We are grateful to Stockland for providing this opportunity and I’m looking forward to working with the Rural Fire Brigades more and carrying the practice on for future generations.”
Susie Chapman, South East Queensland Catchments Manager, said, “We are particularly grateful to the volunteers from the five Rural Fire Brigades who supported the Traditional Custodians to carry out this ecological burn, and especially Beerwah Fire Warden Lou Spann, who co-ordinated their involvement with a profound understanding of the traditional approach.”
Australia's fluctuating climate can lead to long-term drought, water scarcity (often resulting in water restrictions) and severe flooding. As a responsible property developer, Stockland constantly considers where water is sourced, how efficiently it is used and how the quantity and quality is managed.
Our primary water management and quality target is to achieve a 40% reduction in potable water consumption per residential lot and 20% reduction per retirement home incorporated into the design of newly developed projects.
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In FY14 the HVAC system at Stockland Bathurst in NSW was beyond its end of life and was struggling to meet the demands of the shopping centre. Rather than simply replacing the plant like-for-like, Stockland took the opportunity to implement a more efficient plant to deliver substantial energy and water savings.
This review resulted in the centre moving the local plant servicing each area, which can be quite resource intensive, to a far more efficient central plan with additional efficiency features, such as a heat pump. Additionally, water benefits were realised by using the chiller in an air cooled system, rather than water cooled. Energy evaluations undertaken at the same time endorsed this as the right selection due to the plant size.
The installation was completed during the first quarter of FY16, therefore providing a complete 12 months of energy and water consumption reduction.
The water savings achieved by moving from a water cooled chiller system to an air cooled chiller system equate to 3,800kL or $14,300 annually.
The energy savings were also impressive, resulting in a 32% electricity reduction against FY14. This equates to approximately $50,000 annually, showing that plant projects frequently demonstrate enhancements across multiple resource usage areas.
Waste treatment and disposal can have a major impact on the surrounding environment, with nutrients released during waste breakdown potentially polluting groundwater and waterways, incineration leading to air quality and pollution issues, and landfills contributing to the world’s total greenhouse gas emissions. We take these impacts very seriously and are committed to managing our waste efficiently and seek to reduce, reuse and recycle our waste whenever feasible, minimising our contribution to landfill.
Our primary waste and materials target is to achieve Residential and Retirement Living contractor waste targets of 60% diversion from landfill, and Retail contractor waste targets 80% diversion from landfill by FY17.
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In recognition of our efforts to incorporate sustainable materials selection in our developments, we received a commendation in the ‘International Green Interior Awards’ for our Mernda retirement village clubhouse in Victoria.
The 800 square metre clubhouse was opened in 2015 and incorporates the use of sustainable materials which were either recycled, reused or sustainably sourced and accredited by the Green Building Council of Australia (GBCA).
The clubhouse features natural and healthy building materials that are designed for durability including timber, cement, steel, plywood, brick and fabric. The rammed earth walls, made by compacting a mixture of gravel, sand, silt, clay (and often cement) between formwork in a series of layers approximately 100mm thick, also add to the building’s environmental credentials and are an effective use of natural materials to increase the internal thermal mass of the clubhouse.
The village and clubhouse also feature low emission products used for paints, flooring and wood to improve the indoor environment quality within the spaces. More than 60% of the demolition and construction waste was recycled, reducing the waste going to landfill.
Mernda has been recognised for incorporating a wide range of environmentally sustainable features throughout the village to reduce energy and water usage and minimise operating costs. Key features include:
The village and clubhouse achieved a 4 star Green Star ‘Custom Tool’ rating from the GBCA in August 2015.