ESG strategies and targets are documented for all Funds and cascaded down into asset-level targets and initiatives which are documented in Asset ESG Plans that are signed off by the Head of Sustainability, the Investment Manager, the Property Manager, Operations Manager and Facility Manager. Energy, water and waste targets are benchmarked against competitor buildings.
We monitor performance in various ways, including NABERS energy and water ratings, GreenStar ratings, waste diversion from land-fill, community engagement, charitable activities and financial donations, social events, and outsourced tenant surveys. If a building's rating is lagging, we set strategies with a wide variety of initiatives to improve performance.
The implementation framework for health, safety and regulatory compliance is audited annually, and performance is reported to the AMP Capital Holdings Limited Board on a quarterly basis.