Steve McCann, Group Chief Executive Officer and Managing Director
"At Lendlease this is what sustainability has always been about - getting it right for people. Which means getting it right for the environment, for society and for the economy."
Leaving a positive legacy
We recognise that the benefits of sustainable development must extend beyond a reduction in the environmental footprint to deliver places that: are more operationally efficient; focus on human health and wellness; and are designed and built to be more resilient to maintain value over the longer term.
Urbanisation creates increasing pressure to plan for, and accommodate, a more dense population. By 2030, over 60 per cent of the world’s population is expected to live in urban areas. (1)
The ageing population requires different housing solutions and greater healthcare support services in all of our major markets. Internationally, people aged 60+ will grow the most in number between 2015 and 2050. (2)
Urbanisation and population growth are driving the need for improved productivity, creating strong demand for infrastructure at both the social and economic levels. Worldwide, infrastructure spending is expected to grow from US$4 trillion per year in 2012 to more than US$9 trillion per year by 2025. (3)
Global assets under management are forecast to rise to US$102 trillion by 2020, up from US$64 trillion in 2012. (4)
In November 2016, the Australian Government reaffirmed Australia’s commitment to effective global action on climate change.
(1) World Urbanization Prospects: The 2014 Revision, United Nations.
(2) Capital project and infrastructure spending outlook to 2025, PwC 2015.
(3) World Population Prospects: The 2015 Revision, United Nations.
(4) Asset Management 2020: A Brave New World, PwC 2014.
(5) CB Insights: Real Estate Tech Start-ups Funding Overview 2016.
Climate Change and the Environment
We also have the aim that all the buildings and communities we produce and operate are independently rated as achieving green building status. We are designing and building places with lighter environmental footprints by using more renewable energy and materials with lower energy impacts.
Healthy Buildings and Communities
Globally, there is a wellness and mobility transformation in the built environment, meaning the buildings and communities we create need to respond by delivering healthier outcomes for the people who use them. This includes an ongoing focus on designing for indoor environment quality, as well as innovating through procurement and operating policies and procedures.
Resilient and Affordable Communities
As a signatory to the United Nations Global Compact, we remain committed to the continuous improvement of our operations. We are also focusing on our value chain in the areas of human rights, the environment, anti corruption and responsible labour practices.
Community creation and social value are at the heart of our approach to sustainability, along with the understanding of how to direct our efforts and measure our impact. When Lendlease’s pillar of values are deployed, we create the best places that offer economic, safe and sustainable outcomes for our customers, our communities, our people and our securityholders.