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Climate and our environment – progress and priorities (continued)<br />
Past<br />
Last year, we said we would:<br />
Present<br />
This past year, we have:<br />
Results<br />
Future<br />
In the coming year, our priorities are to:<br />
Waste<br />
Work with our waste providers to improve<br />
the understanding and standard of waste<br />
reporting. The recycling rate target for retail<br />
assets is 20 per cent and for office assets it<br />
is 70 per cent.<br />
Achieved our waste recycling rate target for our retail business with<br />
26 per cent of waste diverted from landfill. Our office business fell<br />
short of its waste recycling rate target with 66 per cent of waste<br />
diverted from landfill.<br />
Implemented minimum standards for waste in our Commercial<br />
Property sustainability policies.<br />
Ongoing<br />
> Improve office waste recycling through engagement with our<br />
Facility Managers.<br />
> Increase our recycling rate target to 30 per cent in our retail assets.<br />
The target for recycling at our office assets is 70 per cent.<br />
> Maintain reporting standards established in FY09 and implement<br />
further waste auditing in line with the NABERS Waste protocol.<br />
Extend reporting to all new Commercial<br />
Property sites.<br />
Significantly expanded waste reporting to cover all Commercial<br />
Property sites.<br />
Ongoing<br />
Biodiversity<br />
Refine inventory of biodiversity on our land<br />
bank and develop a register of threatened<br />
and endangered flora and fauna.<br />
Refined our register of threatened and endangered species<br />
and communities and gained a better understanding of our<br />
biodiversity holdings.<br />
Ongoing<br />
> Review our biodiversity approach and build best practice case<br />
studies of biodiversity management to improve the capability of<br />
our Development Managers.<br />
<strong>Stockland</strong> Corporate Responsibility & Sustainability Report June 2010<br />
73