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Around the world people live, work, shop, travel and play via assets created by Lendlease
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We bring together a diverse group of talented people, who we develop through international experiences and innovative projects
Overview

We aim to create a future where people and communities prosper

OUR APPROACH

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.

Strategic Challenges

There are a number of trends influencing the places where we work, live and play. By addressing these challenges, we can create a future where people prosper.

Urban Regeneration

By 2016, 54% of the world’s population were estimated to live in urban areas; this will reach 60% by 2030. (1)

The ageing populations will require different housing solutions and larger, more efficient healthcare systems. Internationally people aged 65+ are the fastest growing segment of the population, with the majority forecast to live in major cities.

Infrastructure

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)

Funds Growth

Global assets under management are forecast to rise from c.US$85 trillion in 2016 to c.US$145 trillion by 2025. (3)

Growth in global pools of institutional capital is creating demand for quality investment opportunities and managers of those investments. Global assets under management are forecast to rise to $102 trillion USD by 2020, up from $74 trillion USD in 2014.

Sustainability

Cities occupy 2% of the world’s land mass, but are responsible for up to 70% of harmful greenhouse gases. (4)

Ageing Population

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)

Technology

Global investment in real estate technology start-ups has grown from $0.2 billion in 2012 to $2.7 billion in 2016. (6)

(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

Our Sustainability Framework

We remain committed to managing and optimising our sustainability contribution and performance through delivering economic, social and environmentally responsible outcomes.

Our Sustainability Framework introduced in 2014 can be split into the following areas:

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 Engagement

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.