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Sustainability

In a rapidly changing world facing significant global-scale challenges such as rapid urbanisation, climate change, resource constraints and an aging population, we need to take a restorative approach where we give back more than we take out.

For Lendlease, sustainability is about meeting people’s needs for the future.

Our vision of creating the best places is underpinned by a long and proud history of an approach where environmental and social outcomes are given equal priority to economic. It allows us to create places where people want to be, places that contribute to communities, are productive and ultimately, valued by all involved.

 


 

Mission Zero


A community can’t thrive if the world around it doesn’t. At Lendlease, we take our responsibility to the planet seriously. That’s why we’re embarking on Mission Zero.

Across Retirement Living, we remain committed to Mission Zero and our targets to be net zero carbon by 2025 and absolute zero carbon by 2040. Learn more about the steps we’re taking to achieve our targets here.


 

What Sustainability Means for Residents


A sustainable home can reduce bills, our impact on the environment, and create places where people prosper. Our homes are designed to adapt to your changing needs. Every aspect of every home, from orientation, windows, insulation, materials, paint, finishes and appliances has been assessed to give you a home you not only love, but will save you money as well.

Sustainability at Lendlease is a collaborative effort between staff, residents, lendlease and the community to help create the best places. Our ‘Sustainable Us’ book is proof of this. The book is a collection of stories and ideas from residents and villages that illustrate of our sustainable ethos.

In the spirit of sustainability we’ll be adding to the book over time, so as more ideas and initiatives roll-in, the collection will evolve and grow. You can submit yours at www.sustainableretirement.com.au.

You can find the ‘Sustainable Us’ book at each village or you can download the ebook here.

 


 

An Australian First


Our Isabella Gardens community in the ACT is the first retirement village in Australia to achieve the Gold Livable Housing Design Quality Mark. It’s a seal of approval for innovative and flexible building features such as wide doorways, spacious living spaces, and easy to reach and use light switches, power points and tapware.

For residents of Isabella Gardens, it means living in homes that are comfortable, affordable and adaptable for their future lifestyle.

 


 

Responsible Property Investment Strategy



We aim to be the leader in responsible property investment and management of retirement living communities across Australia. Our vision, to create the best places, is supported through our continuous focus on delivering environmental, economic and social value for our residents, which we understand leads to optimised long-term risk adjusted returns for our unitholders. You can find further details of our Responsible Property Investment Strategy, including our vision, framework and commitments here.

 


 

Global Real Estate Sustainability Benchmark


For the second year in a row Lendlease Retirement Living Trust has ranked first in our Asia-Pacific peer group and we’ve maintained our Global rank of second in the Residential: Retirement Living, non-listed property type, maintaining our 5-Star GRESB Rating. Sustainability has always been a priority for our Retirement Living business and these results reflect our commitment to create great places that deliver environmental and social value, alongside financial. They also evidence our ongoing commitment to integrate environmental, social and governance (ESG) into our investment processes and operation of our villages

In Calendar Year (CY) 2020 Lendlease villages:

  • Reduced the common area energy consumption by 12% compared to CY 2019.

  • Reduced greenhouse gas emissions (in Scope 1 and Scope 2) by 13% in 2020 compared to CY 2019.

  • Reduced total village water consumption by 3%

GRESB and its annual Assessment are important to us and our investors because they provide a globally consistent and transparent standard of measuring ESG outcomes in real estate. They help with ensuring we create long-term value for our assets and help us to manage sustainability risk and innovate on opportunities.

 

How can we assist you?

Explore our website or contact us today