Stockland, Australia’s largest diversified property company, has once again been recognised as the most sustainable real estate company in the world in the 2016-2017 Dow Jones Sustainability Index (DJSI).
This is the second year in a row the property company has held this pivotal position and the tenth year it has been included on the global list.
Stockland recorded a total score of 88, rating it the highest among property (Real Estate) companies across the globe, with the average score in the Real Estate DJSI World being 43.
Stockland Group Executive and CEO of Residential, and a Director of the Green Building Council of Australia, Andrew Whitson said: “Stockland is incredibly proud to be recognised as the most sustainable Real Estate company in the world. Having been a member of the DJSI World for the past ten years, this accolade truly demonstrates our strong commitment to sustainability leadership.”
The DJSI tracks the financial performance of the world's leading sustainability-driven companies, providing asset managers with objective benchmarks to manage sustainability portfolios. Assessment categories include corporate governance, risk management, climate change strategy, environmental management, human capital development and stakeholder engagement.
“At Stockland, we live by our purpose that we believe there is ‘a better way to live’, creating vibrant and thriving places for people to shop, work and live, now and into the future. Our investment in sustainability initiatives across environmental, social and governance dimensions creates values for our securityholders and our customers,” added Mr Whitson.
The DJSI recognition comes a day after Stockland achieved Global Sector and Regional Sector Leader status in the 2016 Global Real Estate Sustainability Benchmark (GRESB) survey in the category Diversified - Retail/Office. Last month, Stockland was also recognised by the Green Building Council of Australia as country’s leading developer of Green Star residential communities.