As a leading property company in Australia, building and operating our portfolio of centres in a way that generates positive environmental outcomes is engrained in the way we do business and is paramount to creating market leading destinations.
We recognise the role we play in ensuring the smart operation of our assets to limit unnecessary resource use and providing community hubs that are resilient to the effects of climate change, an issue identified as material to our business and which is top of mind for our stakeholders.
Our response to climate change is led through the ‘Low Carbon Smart Assets’ and ‘Climate Resilience’ pillars of Vicinity’s Sustainability strategy, which focuses our efforts on significantly reducing our carbon emissions through energy efficiency and onsite renewable energy installations such as solar, as well as building our portfolio’s adaptive capacity and resilience to climate-related impacts.
We integrate innovative and industry best practice sustainability solutions to our development projects, shopping centre operations and our investment planning to ensure positive environmental outcomes are business as usual and position our centres locally as strong resilient community hubs. Doing so successfully requires us to take a long term view, which drives value for our securityholders and stakeholders now and well into the future.
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