VISION FOR SUSTAINABLE DEVELOPMENT 15 Environmental, Social and Governance Report 2022 ESG in Action Sustainable Building Certifications • Two completed warehouses within the Estate achieved a 5 star Green Star Design & As Built rating for efficient building design and construction, while two other warehouses under development are also targeting the same rating • The estate is also targeting a 5 star Green Star Communities rating illustrating our sustainability initiatives implemented at the estate level Sustainable & Efficient Operations • All warehouses in the estate were built to Green Star standards emphasising on energy and water efficiency • Lower energy use than the minimum National Construction Code (NCC) compliant building achieved through energy efficient features such as efficient lighting system, access to daylight, double glazed façade to office areas • Increased reduction in water usage of the buildings than standard practice building achieved through installation of Water Efficiency Labelling and Standards (WELS) rated water fixtures, capture and use of rainwater for flushing and irrigation • A network of comprehensive energy and water metering to track and monitor the usage of energy and water end-uses • Recycled 99.6% of demolition waste material in the development phase of the project, which exceeded our initial target to divert at least 97% of the demolition waste from landfill by recycling and reusing • Included recycled glass within our road pavement mix and used recycled concrete pipework in our subdivision Flexible & Adaptable Properties • Aligned with Green Star requirements and the TCFD reporting framework, climate change risk assessments were carried out to identify climate related physical risks • Climate Change Adaptation Plans (CCAP) were developed to mitigate the risks and bring down the residual risk rating to an acceptable level Strategic Locations Conveniently located with easy access to local amenities and public transport, and connectivity to major road networks Reporting & Disclosure The estate is part of LOGOS’ LAIV2 fund, which will be participating in its first Global Real Estate Sustainability Benchmark (GRESB) assessment in 2023 Stakeholder Engagement • Collaborated with different social enterprises to establish the best practice for social sustainability initiatives, including engaging Yurringa, a social procurement business specialising in work placements for indigenous people • Through securing a social enterprise operator, L’Arte Central and employing National Disability Insurance Scheme recipients, there are plans to build an estate café to provide hospitality industry experience to such individuals • A café is currently under construction to be available to the general public in addition to the occupants of the estate LOGOS: BROADMEADOWS LOGISTICS ESTATE IN AUSTRALIA Located 15 kilometres north of the Melbourne CBD, Broadmeadows Logistics Estate is a 250,000 sqm premium site with expected completion in 2023. This development will comprise approximately 127,000 sqm of sustainable, high quality and efficient space integrated with state-of-the-art technology. In line with the Group’s sustainable commitments, the development boasts numerous sustainability features and is targeting a 5 star Green Star Communities rating, which will be a first for the industrial sector in Australia. This property includes an on-site cafe, substantial car parking space and easy access to public transport and local retail amenities, thereby optimising flexibility, connectivity and a sense of community for our occupants. Key sustainability initiatives include:
RkJQdWJsaXNoZXIy MTIwODcxMw==