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Lendlease

PRI reporting framework 2018

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Property developments and major renovations

PR 11. Proportion of developments and refurbishments where ESG issues were considered

New selection options have been added to this indicator. Please review your prefilled responses carefully.

11.1. Indicate the proportion of active property developments and major renovations where ESG issues have been considered.

(by number of active property developments and refurbishments)

11.2. Indicate if the following ESG considerations are typically implemented and monitored in your property developments and major renovations.

11.3. Additional information. [Optional]

Compliance with Lendlease's Construction and Asset Global Minimum Requirements (GMR) for safety and environment is a requirement for all Lendlease projects.

For development/refurbishment activities, a comprehensive sustainability brief is developed, working collaboratively with key stakeholders including fund teams, development teams and appointed contractors. By delivering requirements of the brief, LLIM will ensure that the development is socially and environmentally responsible, and that ongoing operating costs will be minimised which, together, will provide long term financial benefits both in income and value to the asset.

In line with Lendlease‚Äôs objective to develop high quality green buildings with efficient operating procedures, developments and major renovations are intended to improve ESG performance of the relevant portfolio. Further, developments and major renovations with these attributes are also complementary in supporting Lendlease Group's sustainability framework and aspirations (including those that address minimum standards for each of the twelve sustainability elements and best-in-class) and corporate target goals.


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