CR&S Report 2009 - Stockland

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NATURALRESOURCESNATURAL RESOURCESCASE STUDYThe Pines, Doncaster VictoriaWATERCONSUMPTIONWATERDrought is a common feature of theAustralian landscape. Water restrictions are inplace in many regions of Australia due to thechronic shortage of water resulting from lowrainfall levels. We recognise that in the longtermwe need to reduce water consumptionand maximise water efficiency. To improvewater efficiency we:Environment Rating System (NABERS) tomeasure water consumption in our existingoffice buildings. For the 2008 calendaryear we achieved our 3.5 Star NABERSWater portfolio average target forStockland managed properties with a3.6 Star average. Our medium-term targetis to achieve 4.0 Star NABERS Waterportfolio average rating by 2013,16 of our retail shopping centres in FY09to identify water-saving opportunities,and water quality for our Residential andRetirement Living projects, with a focuson appropriate water-sensitive urbandesign to manage our impacts on waterflow and quality.12 % Stockland Corporate Responsibility & Sustainability Report 30 June 2009Water usage in our office portfolioIn FY09, our office sites reduced waterconsumption by 28 per cent compared to ourFY06 benchmark. This has been achievedthrough the implementation of sub-metering,water-efficient fittings and waterless urinalsthroughout our properties. In FY09 wereceived grants from Sydney Water to modifytaps and toilets at 110 Walker Street,133 Castlereagh Street, 75 George Street,77 Pacific Highway and 222 Pitt Street.Water usage in our shopping centresIn early 2008, we examined water efficiencyat 16 of our retail shopping centres. Each sitewas independently assessed by Ecosave, awater conservation organisation, and watersavingsolutions were proposed for eachsite. The predicted target water saving was78,927kL or 16.6 per cent against the usagerecorded in FY07. The project commencedin FY08 and verification of the savings wasfinalised in FY09.The water reduction from March 2008to March 2009 was 14.5 per cent. Whena full year has passed we expect to meetour target.Smart water metersWe have installed an online data loggingsystem that records water usage everyfive minutes, 24 hours per day. These‘smart’ water meters are connected toevery main billing meter for our retailsites, plus a number of Stockland-ownedsub-meters, at 33 Stockland retail sites.Overall, 148 meters are connected tothe ‘smart metering’ systems. In FY10,meters will be extended to six additionaloffice assets where sub-metering forwater is not already in place (a portfolio ofbuildings had sub-metering implementedin FY07 and all new office developmentsare fitted with third party managedmetering).Alarms are set off when water usageexceeds a selected amount during certainhours of the night, as high water usagewhen the building is unoccupied in mostcases signals a leak.A high water usage alarm went off atStockland Nowra shopping centre inNew South Wales on 21 February 2009when water usage exceeded 150 litresbetween 10-11pm. An investigation founda leak in a cooler connection and theproblem was rectified on 23 February.If this leak had gone undetected,2,600 litres of water an hour wouldhave been wasted.THE PINES, EAST DONCASTER,VICTORIATo reduce water consumption atThe Pines shopping centre in EastDoncaster, we implemented a numberof measures in FY09. These included:minimal flush as per AS3500National Plumbing Code,where they were leaking,with four litre flow control valves,two litre vandal proof aerators inpublic areas,Tap spindles were lubricatedwhere required,for 100 per cent operationalefficiency.We reduced our water consumptionat The Pines by 3,493kL in FY09compared to FY08.62
COMMERCIAL PROPERTY WATER METRICSWATER CONSUMPTION (kL) FY06 FY07 FY08 FY09Office and Industrial 695,217 772,048 683,964 552,248WATERCONSUMPTIONWater consumption (kL)FY091,298,733Retail 863,491 864,647 788,304 746,485FY081,472,267Total 1,558,708 1,636,695 1,472,267 1,298,733The water we use is sourced from municipal or city water supplies.Boundary: For FY09 we are reporting according to our ‘operational control’ boundary underthe National Greenhouse and Energy Reporting Act (NGERA). For FY06, the figures excludeour industrial site at Yennora. Figures include tenant use.12 %FY07FY06Water consumption of office, industrial andretail assets1,636,6951,558,708Reviewing water consumption metricsin our Commercial Property businessOur Commercial Property business reducedits water usage substantially between FY06and FY09. This was a result of ‘easy-wins’being made with the introduction of waterlessurinals, low flow tap reviews, sub-meteringand bathroom upgrades in a large part ofthe portfolio.Retail sites reduced their usage and theirintensity by over 5 per cent. Our officeportfolio met its NABERS Water portfolioaverage target, but did not reduce its financialyear intensity. We have restated the intensityfigures for our office portfolio to includewater consumption associated with retailareas within our office buildings. We believethat its inclusion best represents the trueperformance of our portfolio. Due to the lowproportion of our office portfolio included inour FY09 intensity metric, we anticipate thatwe will restate this figure in our FY10 report,when we have more complete data for ourentire portfolio. The sharp drop in the overallwater consumption of our office portfolio canbe partially attributed to the sale of a numberof properties over the year.WATER INTENSITY (kL/m 2 ) FY06 FY07 FY08 FY09Office 1.12 1.05 0.89 0.89– Floor area (Net Lettable Area) of 522,621 556,710 592,723 343,348buildings in intensity metric (m 2 )– Percentage portfolio covered 93% 77% 80% 49%Retail 1.21 1.16 1.00 0.93– Floor area (Gross Lettable Area) of 714,700 748,520 790,064 775,565buildings in intensity metric (m 2 )– Percentage portfolio covered (%) 92% 97% 100% 100%Boundary: We report against the same operational control boundary for our intensity figuresas for our absolute figures. Intensity figures are derived from the total water consumption foreach asset class over the year, divided by the total floor area. Only assets with a full 12 monthdata set are included. We measure against area in m 2 as this is the metric used by NABERSto benchmark office property efficiency.WATER INTENSITYREDUCTIONS (%) FY06-FY07 FY07-FY08 FY08-FY09 FY06-FY09Office 6% 15% 0% 21%Retail 4% 14% 7% 23%OFFICEWATERINTENSITY0 %RETAILWATERINTENSITYOffice water intensity (kL/m²)FY090.89FY080.89FY071.05FY061.12Floor Area (NLA) of buildings in intensity metric (m²)Retail water intensity (kL/m²)FY080.93FY071.00FY061.16FY01.21Floor Area (GLA) of buildings in intensity metric (m²)7 % Stockland Corporate Responsibility & Sustainability Report 30 June 2009 63In future we will set intensity and overalltargets.
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2009Corporate Responsibility & Sust
Page 3 and 4:
Recognising the significance of thi
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BUSINESS BY GEOGRAPHYBUSINESS BY AS
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Builder (principal contractor)We ge
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About Stockland - Progress and prio
Page 11 and 12: FY09 HighlightsOUR HIGHLIGHTS IN FY
Page 13 and 14: CR&S STRATEGYWe revised our CR&S st
Page 15 and 16: PRIORITYPROJECTS WITHA STAKEHOLDERP
Page 17 and 18: OUR CR&S APPROACHCASE STUDYStocklan
Page 19 and 20: Developing the Residentialsustainab
Page 21 and 22: United Nations’ Principles for Re
Page 23 and 24: Valuing our people - Progress and p
Page 25 and 26: The area in which we scored most fa
Page 27: Employee benefitsWe support our emp
Page 30 and 31: VALUING OURPEOPLEEngaging our emplo
Page 32 and 33: ContentsOur customers and suppliers
Page 34 and 35: OUR CUSTOMERSAND SUPPLIERSOUR CUSTO
Page 36 and 37: OUR CUSTOMERSAND SUPPLIERSRESPONDIN
Page 38 and 39: ContentsCommunity 38Community devel
Page 40 and 41: COMMUNITYRESIDENTIALPROJECTS WITHA
Page 42 and 43: COMMUNITYCOMMUNITY INVOLVEMENTOur c
Page 44 and 45: ContentsClimate change and energy 4
Page 46 and 47: CLIMATE CHANGEAND ENERGYCLIMATE CHA
Page 48 and 49: CLIMATE CHANGEAND ENERGYREGULATIONT
Page 50 and 51: CLIMATE CHANGEAND ENERGYTOTAL STOCK
Page 52 and 53: CLIMATE CHANGEAND ENERGYCLIMATE CHA
Page 54 and 55: CLIMATE CHANGEAND ENERGYResidential
Page 56 and 57: ELECTRICITY INTENSITY (kWh/m 2 ) FY
Page 58 and 59: ContentsNatural resources 58Biodive
Page 60 and 61: NATURALRESOURCESNATURAL RESOURCESTh
Page 64 and 65: NATURALRESOURCESNATURAL RESOURCESCA
Page 66 and 67: NABERS ratingsNow, in response to t
Page 68 and 69: Global Reporting Initiative (GRI) i
Page 76 and 77: Independent Assurance Statement76ST
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CR&S Report 2009 - Stockland

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