The Sustainability Committee, which forms part of Vicinity’s management committee structure, is chaired by our CEO and Managing Director, and drives our Sustainability agenda.
Our risk, compliance and sustainability teams monitor Vicinity’s material issues throughout the year, and work with the business to implement measures and strategies to mitigate risks and realise opportunities.
Understanding that a key focus for Vicinity in the immediate future will be our COVID-19 response and recovery, we are currently undergoing a full materiality assessment to be completed in FY22.
The results of our most recent materiality pulse check completed in 2020 were considered in the presentation of our long-term sustainability issues as reported on this website, the regular review process for Vicinity’s enterprise risk register and in our annual risk disclosure.
Proactive and ongoing engagement enables us to understand our stakeholders’ wants and needs, gain better insights into material business risks and identify opportunities to create shared value.
We engage with our stakeholders at all levels, with the aim of building lasting and mutually beneficial relationships.
Sustainability is fundamental to the long-term performance of our business and creates shared value for Vicinity and our stakeholders. To recognise Vicinity’s focus on sustainability and to support Vicinity’s commitment to invest in sustainable assets and outcomes in the future, Vicinity has developed a Sustainable Finance Framework which outlines how Vicinity intends to finance sustainable assets and outcomes to which Vicinity is committed.
Vicinity Centres Sustainable Finance Framework May 2022
The Sustainable Finance Framework has been reviewed by KPMG, who have provided a limited assurance opinion.
r desire to become a partner of choice for those who share similar sustainability ambitions to us. about Vicinity Centres sustainability reporting to our investors and strategic partners.
