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Charter Hall Group

PRI reporting framework 2019

You are in Direct - Property » Selection, appointment and monitoring third-party property managers

Selection, appointment and monitoring third-party property managers

PR 07. ESG issues in selection, appointment and monitoring of third-party property managers

07.1. Indicate if your organisation includes ESG issues in your selection, appointment and/or monitoring of third-party property managers.

07.2. Indicate how your organisation includes ESG issues in your selection, appointment and/or monitoring of third party property managers.

Types of actions

Coverage

Types of actions

Coverage

Types of actions

Coverage

07.3. Provide a brief description of your organisations selection, appointment and monitoring of third party property managers and how they contribute to the management of ESG issues for your property investments.

Charter Hall employs an integrated property management service where property management is internalised and managed by Charter Hall. As such, this question is irrelevant to Charter Hall.

Charter Hall outsources the facilities management of our office and industrial portfolios to CBRE.  The facilities management contract includes ESG KPI's which align with our targets in environmental (energy efficiency, water efficiency, waste reduction, climate resilience, environmental management), social (stakeholder and community engagement, employment programs and procurement) and governance outlined in our FY18 Shared Value and Sustainability Report.

Charter Hall requires all principal development contractors to meet our sustainability development targets throughout the development, including a minimum 5 Star Green Star Design and As Built ratings (for large developments), WELL ratings (for office developments), as well as participation in stakeholder engagement, employment and charity projects.

Charter Hall also required our Retail and Office waste contractors, to develop a waste management plan, in line with our waste reduction targets in the FY18 Shared Value and Sustainability Strategy, with KPIs aligned to these targets.

In consideration of other major national supplier tenders Charter Hall has requested an overview of ESG practices and to demonstrate their ESG policies and practices.


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