For over three decades, we have focused our efforts on where we can have the greatest impact and influence – building capability through meaningful climate action; partnering to provide enduring support for vulnerable youth and communities; and sharing economic prosperity and sustainable growth for mutual success.
Charter Hall’s approach to sustainability is practical, platform-wide and integrated into how the Group does business, delivering value for our stakeholders. To ensure our approach is current and fully informed, our review of our material issues includes research into pivotal global shifts, as well as emerging ESG issues, stakeholder interests, thought leadership and peer reporting in the real estate and construction sectors.
Our Sustainability Framework focuses our efforts on where we can all generate the greatest value and make the most difference over the long-term.
Our purpose and values guide how we deliver on the full range of economic, environmental, and social impacts that we promise.
Our sustainability pillars align with the UN SDGs. To help stakeholders understand our strategic response to our key material risks and opportunities, we have structured our accountability to our ESG impacts around these pillars, as shown below.
Achieving Net Zero and transitioning to a lower-carbon future.
Keeping resources in circulation and waste out of landfill.
Creating places that work better for people and nature.
Building the people, culture and capability behind our performance.
Growing together through insight and partnership.
Using our scale to drive meaningful change.
Delivering performance through the cycle.
To verify our progress and drive continued alignment with best practice, we benchmark our performance against a range of independent frameworks. Learn more using the links below.
Five years ago, we set our first sustainability targets. Since then, we’ve
accelerated many of them, achieving our targets ahead of schedule, and
deepening our impact.
We’ve gained valuable insights along the way, as we focused on learning,
listening and building a data-informed foundation. That work has delivered
results across multiple fronts – outlined below and explored more fully later
in this report.
While our Sustainability Report provides an overview of our performance against key metrics, our comprehensive Databook provides all our sustainability performance data for Charter Hall, as well as CLW, CQE and CQR.
Our Reconciliation Action Plan (RAP) guides us in identifying tangible and substantive initiatives for First Nations peoples, increasing economic equity and supporting First Nations self-determination. We are pleased to share that our Stage Two: Innovate Reconciliation Action Plan (RAP) has been endorsed by Reconciliation Australia.
Our consultative approach to managing modern slavery is consistent with previous years. Each of our reporting entities has its own governance structure (including its own Board) that determines decision-making for assets within its portfolio.
We take time to listen to and understand our stakeholders’ needs, which informs an interactive process of co-creation. This allows us to respond to their needs in an increasingly sophisticated way, over the long-term.
This input informs our approach to business and consideration of issues which are most material. Who we engage with and how is guided by the level of our business impacts and influence and their vested interest in our sustainability strategy, approach and performance.
Below are our key stakeholders. Learn more about how we partner to deliver value here.