SUSTAINABILITY REPORT - Landcom

CORPORATE
INDICATORS
CONTINUED
IN JUNE 2004, LANDCOM SIGNED A CONTRACT
WITH INTEGRAL ENERGY TO PURCHASE GREEN
POWER FOR ITS HEAD OFFICE IN PARRAMATTA.
GOOD PERFORMANCE WHERE
A TARGET IS NOT APPLICABLE
Materiality
Respondents were asked to rate the adequacy of information
provided in enabling them to make informed decisions. The
majority of respondents rated the materiality of information
as “average” to “very good”.
On the whole, the report was deemed to be “the best
around” and at the “high end” for the purpose of a reference
document. Landcom was acknowledged to be a leader in
sustainability and triple bottom line reporting within the
property sector.
The URS work revealed that the key strengths of the
report were:
– Clear presentation of objectives and rationale.
– Inclusion of targets.
– Practical and appropriate use of indicators (clear
and transparent).
– Forward thinking and strategic commitment to the
triple bottom line.
– Well presented and comprehensive.
– High level of consultation with stakeholders to
develop indicators.
Key weaknesses of the report were:
– Lack of absolute figures.
– Not always a clear distinction as to which indicators apply
to land or built product.
– No reference to transport or access indicators.
– Need for additional biodiversity and community
development indicators.
– Lack of information on land supply and addressing housing
affordability issues.
– Too much information in some instances.
– Difficulty in measuring some indicators (as acknowledged
by Landcom).
INDICATOR 30 – ABORIGINAL EMPLOYMENT
OPPORTUNITIES
PURPOSE
This indicator monitors Landcom’s efforts in providing
employment and training opportunities for people of
Aboriginal or Torres Strait Islander background.
TARGET
Landcom is seeking to establish a cadetship program for
tertiary students of Aboriginal or Torres Strait Islander
background. The purpose of the cadetship is to support
members of the Aboriginal or Torres Strait Islander
communities by offering them a scholarship to finance their
tertiary studies combining the skills gained from their studies
with practical work experience offered by Landcom.
RESULTS
Landcom has been proactive in its attempts to recruit an
Aboriginal cadet during the past year. Despite advertising the
cadetship position on two occasions, Landcom was unable
to find a suitable candidate in a property related field.
Landcom intends to review the opportunity for recruiting
an Aboriginal cadet during 2005.
INDICATOR 31 – EMPLOYEE SATISFACTION
PURPOSE
This indicator provides an assessment of the overall
satisfaction of Landcom’s permanent and long-term contract
employees. Landcom conducts regular staff surveys to
measure the Corporation’s performance against many
employee satisfaction indicators.
TARGET
Landcom aims to maintain a high level of employee
satisfaction.
RESULTS
Landcom conducted a Staff Attitude Survey in June 2004.
When asked: “Considering everything, Landcom is a good
place to work”, the response was:
– 83% agree.
– 11% neither agree nor disagree.
– 6% disagree.
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