At Charter Hall, sustainability governance extends from the Board and its committees, through the Executive Leadership Group and through divisional management to our employees, contractors and suppliers. The Charter Hall Group Audit Risk and Compliance Committee has responsibility of Sustainability to receive regular updates from management on sustainability issues and initiatives; and review Group Sustainability Strategy, policies and annual sustainability reports, for recommendation to the Board for approval.
The Charter Hall Executive Leadership Group has ultimate responsibility for ensuring we deliver on commitments defined in our Group Sustainability Policy, supported by fund, asset, operations and development teams that embed the Group Sustainability Strategy into our day–to–day business.
Each of our managed funds has its own governance structure which determines decision making on assets within that portfolio. All Charter Hall funds adopt the CHC Group’s Sustainability Policy and Group Sustainability Strategy, as they relate to the funds.
As the property manager of all assets, Charter Hall provides regular updates to each respective Board and/or investment committee regarding performance of properties in their respective portfolios and provides recommendations for improvement initiatives and/or investments.
Fund placement documents developed by Charter Hall outline our approach to responsible property investment. Where appropriate, these documents or presentations includes fund specific responsible property investment strategies which outline ESG vision, objectives, commitments, targets and achievements.