CR&S Report 2009 - Stockland

OUR CR&SAPPROACHOUR APPROACH TO CR&SDoing the right thing as a property owner,manager and developer is about dealingwith risk, seeking opportunities and creatinglong-term value for our investors. It is aboutbalancing the needs and interests of ourstakeholders.Over the past year we have refined ourapproach to CR&S. Our strategy for thepast year included:specifically our people, suppliers, partners,investors, customers and regulators in themarketplace; and the wider community,we operate, including identifying andresponding to the risks and opportunitiesassociated with climate change.CR&S GOVERNANCECR&S Board CommitteeOur CR&S Board Committee assists theBoard to oversee Stockland’s commitmentto operate its business ethically, responsiblyand in a sustainable way. The Committeemet five times during FY09.The following Directors were members of theCommittee at the close of the financial year:Mr N Greiner (Chair) – Non-ExecutiveDirector,Mr G Bradley – Non-Executive Director,Mr B Neil – Non-Executive Director,Mr M Quinn – Managing Director.ReportingA monthly report on CR&S is submittedto the Executive Committee and the Board.Additionally, all stakeholder issues arereported at Board and ExecutiveCommittee level.CR&S Employee CommitteeOur CR&S Employee Committee was formedin 2004 and meets monthly to track progressagainst the CR&S strategy. The Committeeis chaired by the general manager ofCR&S and its current members include ournational sustainability managers, as wellas representatives working in governmentrelations, stakeholder engagement, health,safety and environment, and humanresources.OVERALL CR&S STRATEGYand toolsStakeholderengagementEffective workingrelationships withour investors,customers,suppliers andgovernmentSpecific FY10 CR&S focus areasReducing ourimpact onthe environmentEnduring CR&S themesIdentifying,understandingand engagingwith ourstakeholdersOurCR&SStrategyEnergylimate changeNaturalresourcesEngaging withour peopleCommunityinvolvementCommunitydevelopmentStrengtheningour placein thecommunityDiversitySafety12Stockland Corporate Responsibility & Sustainability Report 30 June 2009