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CR&S 2010 Our people Embedding sustainability Embedding sustainability into our business activities is essential for the delivery of our CR&S strategy objectives. Over the past 12 months the organisation has achieved several significant milestones in relation to our commitment to embedding sustainability in our day-to-day operations. The ‘Our Voice’ survey results have again indicated that our efforts to communicate our sustainability strategy, performance and achievements were successful: • 94 per cent of our employees believe we are an environmentally responsible company (up by 1 per cent compared to FY09), • 92 per cent of our employees believe we are socially responsible (same result as FY09), • 88 per cent of our employees believe we achieve the right balance between social, environmental and financial responsibilities (up by 2 per cent compared to FY09). our Retirement Living, Residential and Commercial Property sustainability policies with our CR&S strategy was a significant step forward in our efforts to embed sustainability across the organisation. Both our Residential and Commercial Property businesses have increased their resourcing in sustainability roles, in recognition of the need to focus our efforts on material issue areas, such as community development. Our Retirement Living business intends to appoint a dedicated Sustainability Manager in FY11. At our leadership team level, many of our leaders have increased their role in championing sustainability initiatives across the business. The development and alignment of For example: employees who employees believe we are who believe environmentally we are socially responsible responsible 94 % 92 % employees who think we achieve the right social, environmental, and financial balance 88 % • Our Managing Director has championed our efforts to decrease our greenhouse gas emissions (GHG) by including a GHG reduction target in his key performance indicators, • Our Chief Financial Officer is taking over the responsibility for the collection of greenhouse gas emissions data from our sustainability teams, firmly embedding sustainability in our day-to-day accounting processes. At management level we remain committed to embedding sustainability in our performance management approach. We continue to use a Balanced Scorecard approach across the organisation which requires all employees to set objectives, measures and targets in the following four categories: • Business/financial, • Stakeholder, • People and leadership, • Corporate responsibility and sustainability and health, safety and environment. In FY11 we plan to trial a new system that will ensure these four categories are included in every employee’s performance objectives. The system will also allow us to better track employee CR&S objectives. 40 Stockland Corporate Responsibility & Sustainability Report June 2010
Employee metrics All employee metrics exclude UK operations. Our workforce Stockland workforce – number of employees FY10 FY09 FY08 Full-time (including fixed-term) 1,139 1,107 1,272 Part-time (including fixed-term) 119 108 105 Casual 30 21 27 Total 1,288 1,236 1,404 FTE 1,243 1,193 1,361 Stockland workforce – employment type FY10 FY09 FY08 Permanent full-time 1,101 1,090 1,258 Permanent part-time 114 108 104 Fixed-term full-time 38 17 14 Fixed-term part-time 5 – 1 Casual 30 21 27 Total 1,288 1,236 1,404 Median age of employees Absentee rates (%) FY10 FY09 FY08 FY07 FY06 35 35 34 34 34 FY10 FY09 FY08 FY07 FY06 1.6 1.5 1.4 1.3 1.3 Gender diversity Stockland workforce – gender Job Band Executive Management Leadership Team Senior Management Men FY10 Women FY10 Total FY10 Men FY09 Women FY09 Total FY09 Men FY08 Women FY08 Total FY08 5 2 7 5 2 7 5 2 7 22 6 28 24 5 29 34 6 40 88 36 124 88 30 118 95 27 122 Management 187 118 305 164 110 274 222 120 342 Professional/ Technical 225 234 459 240 203 443 233 226 459 Employee 80 285 365 79 286 365 85 349 434 Total 607 681 1,288 600 636 1,236 674 730 1,404 Stockland workforce – gender (%) Job Band Men FY10 Women FY10 Men FY09 Women FY09 Men FY08 Women FY08 Executive Management 71 29 71 29 71 29 Leadership Team 79 21 83 17 85 15 Senior Management 71 29 75 25 78 22 Management 61 39 60 40 65 35 Professional/Technical 49 51 54 46 51 49 Employee 22 78 22 78 20 80 Total 47 53 49 51 48 52 Stockland Corporate Responsibility & Sustainability Report June 2010 41
Page 1 and 2: Corporate Responsibility & Sustaina
Page 3 and 4: stockland CR&S Board Committee We a
Page 5 and 6: FY10 key achievements and prioritie
Page 7 and 8: Memberships To promote sustainabili
Page 9 and 10: Our business What We Do We have a l
Page 11 and 12: Our Value Chain We own, manage and
Page 13 and 14: Key financial results Underlying pr
Page 15 and 16: Doing the right thing as a property
Page 17 and 18: Common Practices and Values Corpora
Page 19 and 20: Retirement Living Sustainability Po
Page 21 and 22: UN Principles for Responsible Inves
Page 23 and 24: Our approach to stakeholder engagem
Page 25 and 26: CASE STUDY Building better communit
Page 27 and 28: CASE STUDY Engaging our retailers -
Page 29 and 30: Stockland UK - progress and priorit
Page 31 and 32: Our people - progress and prioritie
Page 33 and 34: We are committed to acting on feedb
Page 35 and 36: CASE STUDY Parental transitions pro
Page 37 and 38: CASE STUDY Safe Work Week at Stockl
Page 39: CASE STUDY Gateway asset management
Page 43 and 44: Employee turnover During the report
Page 45 and 46: Our marketplace - progress and prio
Page 47 and 48: Our marketplace comprises our relat
Page 49 and 50: CASE STUDY CSR 5 Star Green Star in
Page 51 and 52: CASE STUDY Housing affordability Ex
Page 53 and 54: In recognition of the need to conti
Page 55 and 56: Over the past year we have enhanced
Page 57 and 58: CASE STUDY Framing energy efficienc
Page 59 and 60: CASE STUDY EnviroDevelopment at Poi
Page 61 and 62: Our community - progress and priori
Page 63 and 64: Community development Our community
Page 65 and 66: Stakeholder engagement As outlined
Page 67 and 68: CASE STUDY Dress for Success Stockh
Page 69 and 70: Measuring Community Investment We u
Page 71 and 72: Climate and our environment - progr
Page 73 and 74: Climate and our environment - progr
Page 75 and 76: CASE STUDY Retirement Living solar
Page 77 and 78: We will continue to strive for lead
Page 79 and 80: Total Scope 3 (kgCO 2 -e) FY10 FY09
Page 81 and 82: Our energy consumption Purchased el
Page 83 and 84: Our natural environment Biodiversit
Page 85 and 86: CASE STUDY Our ‘Green Office Fito
Page 87 and 88: Residential and Retirement Living w
Page 89 and 90: CASE STUDY 2 Victoria Avenue - Flag
Page 91 and 92:
CR&S 2010 Nabers Ratings NABERS Off
Page 93 and 94:
CR&S 2010 GRI Index Global Reportin
Page 95 and 96:
GRI indicator 4. Governance, commit
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GRI indicator Responded to in FY10
Page 99 and 100:
Page 101 and 102:
Page 103 and 104:
GRI indicator Society indicators Co
Page 105 and 106:
Independent Assurance Statement Sto
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Banarra identified the following ar
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