Stockland, Australia’s leading community creator, has once again been recognised by the Dow Jones Sustainability Index (DJSI) as a global leader in real estate, achieving the second highest score in the sector.
Stockland Managing Director and CEO, Mark Steinert said: “We’re proud to extend our decade of sustainability leadership, having held a top five position on the DJSI for the past 10 years and retaining our listing on the DJSI World Index for over 15 years. Consistently achieving a top ranking over an extended period demonstrates our commitment to evolving our approach to environment, social, governance, and emerging issues in a rapidly changing world.
“The DJSI ranking is important recognition that we are delivering on commitments that drive long-term, shared value for our securityholders and the community – including our focus on climate change and the transition to low-carbon economy, which has reduced our Commercial Property emissions intensity by over 65 per cent and saved the Group over $123 million in the past decade.”
The DJSI evaluates the performance of companies by analysing environmental, social and economic dimensions of management and performance. Stockland achieved top scores across several categories in 2020 including corporate governance, climate strategy, stakeholder engagement, human rights, social and environmental reporting, and social integration and regeneration.
Stockland continues to set the standard for liveable, sustainable and affordable living, with the most Green Star rated retail town centres and retirement living developments in Australia. Stockland’s Aura community, on the Sunshine Coast, achieved a record high Green Star Communities ‘World Leadership’ rating, and this year Stockland achieved the highest level of Retirement Living resident satisfaction in five years.
“2020 has been a challenging year for everyone and we’re particularly proud of our investment in education, health and wellbeing initiatives to help communities thrive during these times. Our $4.4 million investment in community programs over the last financial year included pledging a $500,000 donation to support recovery for communities following the Black Summer bushfires,” Mr Steinert continued.
“Building on our positive legacy, we continue to design and deliver sustainable assets and communities by considering the needs of our stakeholders and the community, and embracing our purpose – we believe there is a better way to live.”
Manjit Jus, Global Head of ESG Research and Data, S&P Global said: “We congratulate Stockland for being included in the DJSI World Index list. A DJSI distinction is a reflection of being a sustainability leader in your industry. With a record number of companies participating in the 2020 Corporate Sustainability Assessment and more stringent rules for inclusion this year, this sets your company apart and rewards your continued commitment to people and planet."
Stockland’s FY20 Annual Integrated Report and Sustainability Reporting Suite demonstrates its continued commitment to sustainability leadership by delivering shared social, environmental and economic value. www.stockland.com.au/sustainability