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ISPT Super Property

PRI reporting framework 2020

You are in Direct - Property » Post-investment (monitoring and active ownership) » Property monitoring and management

Property monitoring and management

PR 09. Proportion of assets with ESG targets that were set and monitored

09.1. Indicate the proportion of property assets for which your organisation, and/or property managers, set and monitored ESG targets (KPIs or similar) during the reporting year.

(in terms of number of property assets)

09.2. Indicate which ESG targets your organisation and/or property managers typically set and monitor

Progress Achieved
          Energy consumption
          Waste management
          Water consumption
          Initiatives ISPT has implemented has reduced electricity and gas consumption, resulting in a 42% reduction in carbon intensity compared to FY2014.
          ISPT reported 3,586 Tonnes of waste diverted from landfill in FY2019.
          In FY2019, our office portfolio averaged a 3.8 star NABERS Water rating and our retail portfolio averaged a 3 star NABERS Water equivalent rating.
Progress Achieved
          Workplace Health & Safety
          Tenant engagement
          Community partnerships
          ISPT has a WHS framework in place overseen by our Environment, Safety and Risk Committee.
          ISPT holds Environmental Management Plan meetings with tenants on a regular basis.
          ISPT is involved in a number of community partnerships with staff involved in charitable initiatives such as SecondBite, Mothers Day Classic and Fitted for Work.
Progress Achieved
          Portfolio and corporate level overview of property management activities
          Property management company systems and processes e.g. risk management, contractor management
          Internal audit programs
          Key service providers, including the outsourced property management model, have Key Performance Indicators included in their contracts outlining the ESG metrics.
          Procurement guidelines are in place to ensure ethical processes are adopted in the tender, selection and management of contractors
          ISPT annually engages auditors (BDO) to undertake internal audits of our financial, risk management, IT, and transactions controls. Findings are reported to our Board Committees.

09.3. Additional information. [Optional]

Further details on our procurement policy:

ISPT's Procurement Policy has clear objectives in relation to securing business partners with ethical and practical procurement processes, and environmental, WHS and social processes. We will only select business partners that meet these requirements and who demonstrably share our values. Our Board and/or senior Management consider the appointment of all key service providers and acceptance of any new investors and apply these procurement principles in any decision.

PR 10. Certification schemes, ratings and benchmarks (Private)