Lendlease is committed to creating value for all stakeholders in everything they do by delivering positive economic, environmental and social outcomes whilst operating in an environment that is Incident & Injury Free. LLITST owns & operates 3 premium-grade commercial office assets in the Barangaroo South precinct. The fund is one of five in Lendlease Funds Management Australia, Lendlease’s investment management platform that manages AUD$24.8 billion funds under management with over 80 institutional investors.
Member of Australia Green Building Council
Committed to owning assets that are net zero carbon in operations by fiscal year 2021, covering scope 1 and 2 emissions. Funded through an A$4.70/m2/year levy by building occupants for the acquisition and surrender of offset credits.
Disclose energy consumption as well as Scope 1 and 2 emissions through annual sustainability year-in-review reporting.
The fund’s Responsible Property Investment (RPI) Strategy outlines actions that include the implementation of energy efficiency programs, renewable and low carbon energy systems, effective tenant and community engagement and installing leading facilities management technology and systems.
Verify asset level performance through third party certification schemes including NABERS Energy and Green Star – Performance. Undertake third party assurance for environmental data of portfolio annually via a limited assurance process to the ASAE3000 standard.
As described in group-wide Sustainability Framework, continue to create, champion and influence sustainable economic growth, vibrant resilient cities and communities and healthy people and planet.