28 February 2018   

5 min read
For Stockland, sustainability is about ensuring we leave the communities where we operate in great shape for future generations. Stockland places an extremely high emphasis on the environmental performance and sustainable design and operation of our shopping centres.

Stockland owns and operates the most Green Star (Design & As Built) rated retail town centres in the country and we were the first Australian property company to have its retail portfolio rated under the Green Star – Performance rating tool. We have been listed on the World Dow Jones Sustainability Index for 11 consecutive years, we were named as the Global Leader – Listed Diversified Office/Retail in 2017 by GRESB (Global Real Estate Sustainability Benchmark), and we are the only Australian company to be included on the 2017 Climate A list released by CDP, the non-profit global environmental disclosure platform.

Mark Steinert, Managing Director and CEO Stockland, said: “The implementation of our strategy and associated initiatives and investments have made Stockland a world leader in sustainability.

“From our FY06 baseline, energy efficiency improvements across our assets have saved our business and tenants over $78 million, and we are well on our way to achieving our 2025 target of a 60% reduction in Stockland’s carbon emissions intensity.

“These initiatives provide a tangible benefit in the communities we help create, while also delivering the right business results with significant savings from energy efficiency improvements.”

Sustainability is integrated throughout Stockland’s operations and we use our climate resilience assessment process to guide climate change adaptation planning across our portfolio.

In 2017, we announced a $23.5 million solar rooftop investment across ten retail town centres. This investment adds to our industry-leading amount of solar PV capacity installed across Stockland Shellharbour, Stockland Wetherill Park, Stockland Green Hills and Stockland Nowra shopping centres in NSW. To date these projects have generated over 2.3 million kWh of energy.



Improving the customer experience

Stockland continues to create spaces that shape our communities and encourage inclusion. Last year Stockland opened four quiet rooms specially designed for children with Autism Spectrum Disorder (ASD) at Stockland Shellharbour, Stockland Green Hills and Stockland Hervey Bay and three inclusive play spaces at Stockland Shellharbour, Stockland Rockhampton and Stockland Wetherill Park designed in collaboration with Touched by Olivia. Each playground’s unique innovative design allows all children to play together, including those with physical disabilities, vision, hearing and mobility impairments, or spectrum disorders such as autism.

In 2017, we developed a rating scorecard to benchmark the level of accessibility and amenity for people with disability across our portfolio. We have built adult change facilities at Stockland Nowra, Stockland Wendouree and Stockland Green Hills which provide a hoist and change tables to cater for the varied needs of our customers and provide better amenity for family and carers. We continue to review opportunities to include accessibility improvements like quiet rooms and adult change facilities across our retail portfolio.

In June last year Stockland announced the $200,000 national roll out of Tesla Destination Chargers across 31 shopping centres from Cairns to Melbourne. Just one hour connected to a Tesla Destination Charger provides up to 81 kilometres of range. To date Stockland has installed 33 Tesla and 22 Chargepoint free charging facilities throughout Australia, which have been used more than 3,500 times by customers since 2015.

As part of Stockland’s commitment to creating more inclusive, accessible and thriving communities, in October 2017 we held our third ‘Foundation Fortnight’ in support of our CARE Foundation partners Redkite and Touched by Olivia (TBO) and raised over $145,000 to help fund their important work. Stockland is committed to creating liveable, healthy and connected places for people, such as our Aura community on the Sunshine Coast, which has been recognised by the Green Building Council of Australia (GBCA) as the highest-scoring Green Star rated greenfield masterplanned community in Queensland.

In 2018, we will continue to focus on experiential retail, services, and food catering, leverage deep customer insights and analytics to inform our tenant remixing, and redeveloping our centres to create diverse town centres that are the social hub of the community.