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CASE STUDY<br />
Our ‘Green Office Fitout Guide’<br />
Water<br />
The increasing demand for water caused<br />
by population growth, coupled with<br />
drought and water restrictions, means<br />
that a sustainable water supply remains a<br />
major challenge for all Australians. We can<br />
make a positive contribution by reducing<br />
water consumption and maximising<br />
water efficiency.<br />
Reducing our impact on natural<br />
resources and effectively managing<br />
our water use is a priority for our<br />
business. Each of our business<br />
units has reflected this priority by<br />
implementing minimum standards<br />
for each of our assets.<br />
Commercial Property water<br />
consumption<br />
Financial year water intensity targets<br />
were set for the whole of our Commercial<br />
Property portfolio. In FY09 we committed<br />
to a 10 per cent reduction by FY14<br />
and a NABERS Office Water portfolio<br />
average rating of 4 Stars by FY14. Our<br />
office portfolio has continued to deliver<br />
water efficiency within existing and<br />
new buildings by installing low-flow<br />
or waterless fixtures and fittings. This<br />
year we achieved a portfolio average of<br />
3.6 Stars and a 9 per cent reduction in<br />
the water intensity of our office portfolio.<br />
We will continue to work toward achieving<br />
these targets in FY11.<br />
average<br />
nabers<br />
water office<br />
rating<br />
3.6 stars 3.6<br />
Average NABERS water rating (stars)<br />
2009<br />
2008<br />
2007<br />
2006<br />
2005 1.2<br />
2.2<br />
3.0<br />
This year we had disappointing water<br />
results across our retail portfolio with a<br />
13 per cent increase in water intensity.<br />
We have investigated this result and are<br />
resetting operating systems to ensure<br />
efficient water use and transparency of<br />
leakages in our assets. In FY11 we will<br />
work to improve our water usage both<br />
through capital expenditure on water<br />
efficient devices and through closer<br />
monitoring and regular internal reporting<br />
on water usage.<br />
3.6<br />
The NABERS Retail Centre rating tool was<br />
released in 2010 and we are undertaking<br />
0.0 ratings 0.5 initially 1.0 on 1.5 two of 2.0our 2.5 shopping 3.0 3.5 4.0<br />
centres. Our participation in NABERS and<br />
programs such as Sydney Water’s ‘BizFix’<br />
program will help us to gain a deeper<br />
understanding of water efficiency across<br />
our business.<br />
Stockhome, NSW<br />
Over the past 12 months we have been<br />
working closely with our office tenants<br />
on sustainability. This allows us to improve<br />
our understanding of our tenants and their<br />
needs. It also provides an opportunity for<br />
us to share our sustainability knowledge<br />
and experience. Our ‘Green Office Fitout<br />
Guide’, for example, helps tenants integrate<br />
sustainability measures into the planning,<br />
design and construction of new office<br />
fitouts in our buildings. The guide provides<br />
advice on:<br />
• Efficiency in energy and water use,<br />
• Minimisation of waste during<br />
construction and operation,<br />
• Reductions in the operating cost of<br />
the building and business activities,<br />
• Improved indoor air quality,<br />
• Increased employee morale<br />
and productivity,<br />
• Minimisation of hazardous<br />
materials used,<br />
• Minimisation of activities that<br />
negatively impact on the environment,<br />
• Increased recycling of materials and<br />
recycled material use.<br />
The guide highlights the benefits of a<br />
sustainable fitout, such as operational<br />
savings, reduced staff turnover, increased<br />
company reputation and reduced<br />
environmental impacts, and references the<br />
Green Building Council of Australia’s Office<br />
Interiors manual. We encourage our tenants<br />
to undertake the Green Star Interiors rating.<br />
Our Commercial Property team also helps<br />
tenants to access further information on<br />
how to effectively implement sustainability<br />
in office tenancies.<br />
<strong>Stockland</strong> Corporate Responsibility & Sustainability Report June 2010<br />
85