Our impact

Our impact

Explore the work underway across across our portfolio, supply chain and communities. From reducing emissions and waste to supporting customers, communities and long-term resilience, these are the outcomes we're delivering today.

Decarbonising while growing

Driven by long-term investment in energy efficiency, electrification and renewable energy, we achieved Net Zero for Scope 1 and Scope 2 emissions across Australian assets under operational control five years ahead of schedule – all while continuing to grow our portfolio and support our customers' decarbonisation goals.

 

FY26 highlights

  • Achieved Net Zero for Scope 1 and Scope 2 emissions across Australian assets under operational control from 1 July 2025.
  • Powered Australian assets under operational control with 100% renewable electricity.
  • Installed 96.2MW of solar across the portfolio, with 81% supporting tenants with clean energy.


Climate-related disclosures

Sustainability FY26 Year in Review: Climate action

Case study: How electrification is future-proofing our portfolio

Glasshouse_45-61 Waterloo Rd, Macquarie Park

Creating more resilient places

Nature plays an important role in the long-term performance and resilience of our assets. We're building our understanding of nature-related impacts, dependencies, risks and opportunities to support informed decision-making across our portfolio.

 

FY26 highlights

  • Achieved a 4.4 star NABERS Water weighted average rating for our Office portfolio, and a 4.0 star NABERS Water weighted average rating for our Convenience Shopping Centre Retail portfolio.
  • Delivered nature-positive outcomes through recent Office developments, incorporating landscaped terraces, wintergardens and green spaces.
  • Invested in nature-based carbon offset projects that support biodiversity and First Nations communities.

 

Sustainability FY26 Year in Review: Restore nature

National Reconciliation Week 111 Bourke st_VIC

Keeping it in circulation

The transition to a circular economy starts with making better use of the resources we already have. Our focus is on reducing waste, improving resource efficiency and increasing opportunities to reuse, repair and repurpose materials.

 

FY26 highlights

  • Achieved a 43% diversion from landfill across Office and Convenience Shopping Centre Retail assets, where we manage waste.
  • Achieved a 95% diversion from landfill across all Office developments and three of six Industrial & Logistics developments.
  • Piloted a circular fitout model at Chifley Square, Sydney, in partnership with The Collective to advance workplace fitout circularity. 

 

Sustainability FY26 Year in Review: Rethinking resources

Case study: Waste less, impact more

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Using our supply chain for good

How we buy is just as important as what we buy. Through responsible procurement, supplier partnerships and social procurement initiatives, we're using our scale to strengthen supply chains, support communities and create broader value.

 

FY26 highlights

  • Spent $3.9m with social enterprises and First Nations businesses, a 4.2% increase compared to FY25.
  • Invested more than $2.2 million with Supply Nation-certified businesses.
  • Strengthened frontline capability to identify and respond to modern slavery risks across our operations and supply chain.

 

Modern Slavery Statement

Policies and Code of Conducts

Eftsure Supplier Verification

Sustainability FY26 Year in Review: Strong communities

Sustainability FY26 Year in Review: Governance

Port Wakefield Road Distribution Facility_SA_Metcash (6) (1)

Building stronger communities

Creating better futures extends beyond our portfolio. As we grow, we're using our scale, relationships and resources to support stronger communities, expand opportunities and deliver meaningful social impact.

 

FY26 highlights

  • Invested over $1.3m in community partnerships.
  • Contributed 3,704 employee volunteering hours.
  • Invested $350k with Red Cross and Foundation for Rural & Regional Renewal to support Australian communities impacted by natural disasters and hardship.

 

Reconciliation Action Plan

Community partners

Sponsorship partners

Case study: Together through crisis and recovery

Sustainability FY26 Year in Review: Strong communities

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Delivering through the cycle

Long-term value creation requires more than strong financial performance. By integrating sustainability across investment, asset management and development decisions, we're helping build a more resilient business for the future.

 

FY26 highlights

  • Grew sustainable finance to $8.2 billion, representing 23% of the debt book
  • Had five funds ranked in GRESB's Global Top 10, with 16 funds in the top 20% globally.
  • Achieved 5 stars in the Principles for Responsible Investment (PRI) 2025 Transparency Report 

 

Sustainability FY26 Year in Review: Sustained returns

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