We engage with our customers through surveys, face-to-face meetings, retailer intranet, social media campaigns and key client and JV partner events. We also communicate through office tenant managers and office building management committee meetings.
Our investors are important to our business and strategy. We connect with them through Annual General Meetings, ASX announcements, the Annual Report and Securityholder review. As well as, Investor Roadshows, face-to-face meetings and tours.
We conduct full employee engagement surveys every second year and Global Employee Updates biyearly. This provides our people with the opportunity to provide feedback on business, leaders and suggest areas for focus and improvement.
The people in our communities are the most affected by our activities. Stakeholder Engagement Plans are produced for all development projects and Community Engagement Managers are employed on all major projects.
Suppliers / Supply Chain
We engage with our supply chain through research, recognition, establishing a Global Working Group on Strategic Procurement, fair reward, development of the Supply Chain Accreditation Program, and product and material selection.
Sustainability remains imperative for many governments. In each of our regions, government remains a key partner in delivery. This is especially evident with our Urban Regeneration projects where we offer our capabilities to complete large scale sustainable projects
The Global Reporting Initiative (GRI) is used as a reference by thousands across the globe. The GRI allows comparison between companies, benchmarking and informed target setting. In addition to these guidelines, the GRI allows ‘sector supplements' which address the unique, detailed issues of particular sectors. We first used the GRI indicator to report on our company’s performance in 2005. In 2008, we sponsored the GRI in the formation of the Global Working Group to develop this ‘sector supplement’. For more information on the construction and real estate sector supplement and its development, visit the GRI website.
We were the first Australian property company to be included on the Dow Jones Sustainability World Index (DJSI) in 2001. The DJSI lists the top 10 percent of the 2,500 biggest companies worldwide on the basis of long term economic, environmental and social criteria. It is a benchmark for topics including corporate governance, innovation management, resource efficiency, product stewardship, and human rights. We have been listed on the DJSI for 15 years.
We were recognised as a GRESB sector leader in 2014, 2015 and 2017. The Global Real Estate Sustainability Benchmark (GRESB) is a sustainability benchmarking tool for the investment sector, with increased focus from superannuation funds and institutional investors on fund participation in the annual survey and the benchmarking scores achieved.
Below are the leading Lendlease funds of 2017:
- Australian Prime Property Fund Commercial ranked 1st out of 823
- Australian Prime Property Fund Retail ranked 2nd out of 11
- Australian Prime Property Fund Industrial ranked 1st of 8
- Lendlease Sub Regional Retail Fund ranked 3rd out of 11
- Lendlease International Towers Sydney Trust ranked 1st of 27 (joint 1st)
- Lendlease One International Towers Sydney Trust ranked 1st out of 27 (joint 1st)
- Asia Retail Investment Fund 1 ranked 1st out of 23
- Lendlease Jem Partners ranked 2nd out of 23
- Asia Retail Investment Fund 3 ranked 3rd out of 23
- Asia Retail Investment Fund 2 ranked 4th out of 23
As a listed Company, we must comply with the Australian Stock Exchange (ASX) Listing Rules, which require us to provide a statement in our Annual Report disclosing the extent to which we have followed the ASX "Corporate Governance Council's Principles of Good Corporate Governance and Best Practice Recommendations".
To further demonstrate our commitment to sustainability, Lendlease prepares submissions for the Dow Jones Sustainability Index.
United Nations Environment Program Finance Initiative Property Working Group
We engage and report against the UN Principles for Responsible Investment and further embed the principles within our asset management businesses
Urban Land Institute
By formalising our partnership with the Urban Land Institute in Asia, we are able to progress community consultation and engagement in China and Singapore
UK Supply Chain School
As founding members of this organisation, we are able to hold forums that further skills and trains our suppliers.
Forest Stewardship Council (FSC)
The FSC Board has been a catalyst for engaging suppliers and government partners on timber procurement standards in Europe and around the world
Property Council of Australia
We held chapter, board and future leader engagement events with the PCA
UN Global Compact
We became a Compact Network member, thus formalising our commitment to the UN Global Compact. The decision was made following engagement with key stakeholders. Our event on Human Rights in the Construction supply chain was attended by NGOs, clients, project partners and investors
The World Green Building Council
Corporate Advisory Board – our place on the Council’s Advisory Board has included providing our support in establishing the green building councils and rating tools for the built environment. We have also been a participant in all nominated board meetings
This international volunteering program allows our employees to volunteer in their community 365 days a year. Initiatives like Community365 strengthen our partnerships in the community and provide our employees with the opportunity to make difference in their local communities
Green Building Councils
We are a founding member of green building councils in the USA, UK, UAE, and Australia. We have also assisted countries around the world establish green building councils. As a Board member, we contribute to thought leadership, rating tool development, industry position statements and speaking at events and functions. We also participate in registered board meetings and strategy days
WWF’s Global Forest & Trade Network (GFTN)
Our UK business has been a part of WWF’s GFTN since 2000. This means we continually source forest products from well managed sources and where the European Timber Regulations (EUTR) applies, we meet the regulation requirements. We assess and mitigate any risk of illegal and unwanted forest products entering the UK market from our supply chain and meet our obligations as a trader (defined by the regulation)