SUSTAINABILITY REPORT - Landcom
SUSTAINABILITY REPORT - Landcom
SUSTAINABILITY REPORT - Landcom
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
PRODUCTS AND DELIVERY MECHANISMS<br />
While <strong>Landcom</strong> is a property developer operating in a commercial environment, it is not a builder.<br />
The selection of sustainability indicators against which <strong>Landcom</strong> measures its performance has<br />
been strongly influenced by its business products, the methods <strong>Landcom</strong> employs to deliver these<br />
products and its ability to exercise direct control over the business outcome.<br />
For the purposes of TBL data collection, <strong>Landcom</strong> projects have been divided into two groups:<br />
(a) Projects where the end product delivered to the consumer is “land”. The majority of this land is<br />
sold to the public as individual house lots. Most industrial land is sold to private business interests<br />
in the same way. <strong>Landcom</strong> has little control over the final built form under these arrangements.<br />
(b) Projects where the end product delivered to the consumer is a dwelling (i.e. “built form”<br />
projects). <strong>Landcom</strong> has more control over the built form under these arrangements, in particular<br />
when it partners with another developer. <strong>Landcom</strong> uses this additional control to promote its key<br />
sustainability and design objectives.<br />
THE GLOBAL <strong>REPORT</strong>ING INITIATIVE<br />
The Global Reporting Initiative (GRI) is an internationally recognised group whose mission is to<br />
develop Sustainability Reporting Guidelines (SRG) that are capable of universal application. These<br />
guidelines are intended for public corporations wishing to report on the economic, environmental<br />
and social dimensions of their activities, products and services. Although the guidelines are<br />
expected to be adopted increasingly by government and non-government organisations, there are<br />
no sector specific guidelines for property development. This is why <strong>Landcom</strong> decided to take its<br />
advice and guidance on indicator selection from its key stakeholders.<br />
DOMAIN GARDENS<br />
While <strong>Landcom</strong>’s Sustainability Report is not strictly in accordance with the requirements of the<br />
Sustainability Reporting Guidelines, the Corporation has generally followed the principles and criteria<br />
specified by Sustainability Reporting Guidelines. A detailed comparison of <strong>Landcom</strong>’s TBL indicators<br />
against GRI is provided on the enclosed CD-ROM.<br />
13