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SUSTAINABILITY REPORT - Landcom

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JOINT STATEMENT<br />

FROM THE<br />

CHAIRMAN AND MANAGING DIRECTOR<br />

OUR CULTURE<br />

The fact that we strive to integrate our social, environmental<br />

and financial responsibilities provides the real point of difference<br />

between <strong>Landcom</strong> and many developers constrained by purely<br />

commercial motives.<br />

It seems that everyone is talking about sustainability. And rightly so. At <strong>Landcom</strong>, sustainable<br />

development permeates every aspect of our business. We believe a bright future awaits those<br />

organisations that adopt its practices and promote its benefits.<br />

As a government-owned property developer we have a specific responsibility to be, and to be seen<br />

to be, a good corporate citizen and to lead by example. At the same time it is our responsibility<br />

to implement the New South Wales Government’s urban management policies. These imperatives<br />

include quality urban design, sustainable development, social justice, affordable housing and<br />

community development.<br />

A glance at our summary results page for the past year reveals that we have progressed on our start<br />

of two years ago in many areas, yet we still have a lot of work to do. In particular, the impact of our<br />

business on the conservation of native vegetation is proving to be quite a challenge.<br />

There is no denying we have an impact on native vegetation. Our business is urban development and<br />

regardless of all the attention to careful planning, Sydney’s major growth corridors are located in areas<br />

of Cumberland Plain Woodland. This means we must reconcile our growing population’s social needs<br />

for adequate and affordable housing with pressing environmental needs to conserve biodiversity.<br />

CHAIR/MD<br />

We also need to find more effective ways of measuring community<br />

satisfaction with the facilities we provide within our estates, and<br />

with the sustainable practices and products we offer.<br />

The areas where we feel we can “take a bow” include water<br />

management, housing affordability, energy efficiency, recycling<br />

of building materials and conservation of indigenous and<br />

non-indigenous heritage. However, the nature of sustainable<br />

development means the tasks do not get easier with practice.<br />

We don’t claim any special wisdom when it comes to<br />

sustainability. But we are past the talking stage and well into<br />

the practice of making sustainability an integral part of everything<br />

we do.<br />

We decided in 2001 that environmental sustainability, social<br />

responsibility and financial viability cannot be considered in<br />

isolation but are, in fact, interdependent. We soon recognised that<br />

to set sustainability benchmarks for our industry, we had to create<br />

a culture of excellence in sustainable practice and integrate it into<br />

all of our business decision-making processes.<br />

3

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