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.
By 2016, 54% of the world’s population were estimated to live in urban areas; this will reach 60% by 2030. (1)
On average, worldwide infrastructure spend of c.$3.3 trillion a year will be required to support expected rates of population growth between 2016 and 2030. (2)
Global assets under management are forecast to rise from c.US$85 trillion in 2016 to c.US$145 trillion by 2025. (3)
Cities occupy 2% of the world’s land mass, but are responsible for up to 70% of harmful greenhouse gases. (4)
Internationally, people aged 60+ is expected to more than double by 2050, rising from 962 million in 2017 to 2.1 billion in 2050. (5)
(1) World Urbanization Prospects: The 2014 Revision, United Nations.
(2) Bridging Global Infrastructure Gaps: McKinsey 2016.
(3) Asset & Wealth Management Revolution: Embracing Exponential Change, PwC 2017.
(4) UN-HABITAT's Global Report on Human Settlements 2011.
(5) World Population Prospects: The 2017 Revision, United Nations
(6) CB Insights Research Brief 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.