Stockland’s sustainability credentials have been further recognised on the world stage as the only Australian company to be included on the 2017 Climate A list released by CDP, the non-profit global environmental disclosure platform.
Stockland is one of only 112 companies to make the Climate A list internationally from a field of 2,418 respondents.
According to CDP, reporting companies now represent 56% of global market capitalisation.
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.
“Receiving the highest “A” rating on the CDP Climate A list for the second year in a row is a great honour.
“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.
“Already this year we have announced a $23.5 million solar rooftop investment across ten retail town centres.
“Sustainability is integrated in all of Stockland’s operations and we use our climate resilience assessment process to guide climate change adaptation planning across our entire portfolio.
“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.”
In 2017, Stockland was named as the Global Leader for the Listed Diversified – Office/Retail category in the GRESB (Global Real Estate Sustainability Benchmark) survey, and also received the number one ranking in 2011, 2013, 2015 and 2016.
Stockland was also listed on the World Dow Jones Sustainability Index for the 11th consecutive year, after being recognised as the most sustainable real estate company in the world in both 2015 and 2016.
The Climate A List and full company scores are available on CDP’s website: www.cdp.net/en/scores-2017