Monday, December 21, 2009

Stockland Cleans Up Sustainable Company Of The Year Award

Stockland has been called Sustainable Company of the Year at the 9th Australian Sustainability Awards at a bologna in Melbourne today.

The Awards, hosted annually by Ethical Investor magazine, recognise outstanding accomplishment by Australian Securities Exchange-listed companies in a ambit of areas of accumulated sustainability.

Stockland accustomed the accolade for its advancing charge to sustainability, acclimation environmental, amusing and bread-and-butter outcomes.

Stockland Managing Director Matthew Quinn said the aggregation was captivated to accept been recognised by Ethical Investor for its charge to accomplish ethically, responsibly and in a acceptable way.

“We accept accomplished a abundant accord this year by creating a added able-bodied sustainability action for our Residential and Retirement Living businesses, as able-bodied as continuing to focus on convalescent the sustainability achievement of our assets,” said Mr Quinn.

Stockland was aswell recognised for its charge to creating acceptable and active communities through stakeholder engagement, association development and association involvement.

“At Stockland, we aim to actualize acceptable and active communities by agreeable with the bounded association and added key stakeholders,” Mr Quinn said.

This access has been formalised over the accomplished year with the development of a Stakeholder Engagement Framework and bright stakeholder assurance plan templates for all of its projects.

“We are currently adorning our community development affairs and aim to acquaint world-class initiatives on amusing sustainability.

“Our association investment affairs has been developed by our humans and allows us to accomplish a absolute appulse in the communities in which we operate,” said Mr Quinn.

Stockland contributed $3.4 actor in association investment in FY09, with added than 44 percent of advisers volunteering time to coach acceptance and abutment bounded communities.

Stockland ecology highlights from the accomplished year include:
• Achieved ‘Gold’ associates of the Dow Jones Sustainability Index World in aboriginal 2009. The Index represents the top 10 percent of the arch companies globally, with four acreage companies awarded ‘Gold’ status. Stockland is aswell included in the FTESE4Good Index which recognises organisations that administer and authenticate outcomes adjoin environmental, amusing and babyminding principles.
• Listed in the Australian Climate Leadership Index in 2009 which ante companies with beat strategies on altitude change.
• Two projects, Stockhome and 2 Victoria Avenue, Perth, accomplished their final Green Star accreditation with both accomplishing 6 Stars (‘World Leadership’).

For added advice amuse appointment http://www.stockland.com.au/About/Sustainability

For media enquiries contact

Katie Lennon

Media Relations Manager,

Media and Corporate Communication

Stockland

T +61 (0)2 9035 2552

M +61 (0)406 316 907

Stockland Corporation Ltd ACN 000

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