Recognised leaders in ESG

Creating sustained value for our investors with measurable Environmental, Social and Governance (ESG) initiatives.

The Dexus Purpose, to create spaces where people thrive, articulates our reason for being in business. Our purpose works alongside our sustainability approach to inspire our people to create thriving spaces that have a positive impact on our stakeholders.

Our sustainability approach is the lens that we use to effectively manage emerging ESG risks and opportunities and create long-term value for our cities, people, customers, communities and the environment. We understand the importance of ESG to our investors and, as a property group with scale, we have the platform to create positive change. 

Below are just some of the initiatives and activities from the past year where we have enhanced value.

Environmental
We plan to reach net zero emissions by 30 June 2022 across the Dexus group managed portfolio, advancing our original 2030 goal. We continue to manage our properties for carbon emissions and energy consumption reductions, progressing our transition to 100% renewable electricity through the establishment of renewable energy agreements across our NSW, Queensland and Victorian portfolios.

Social

We are proud of the impact we have on Australian cities and have supported the Australian economy through our development activities, contributing $1.27 billion in Gross Value Added and supporting 7,980 jobs. We are advancing our reconciliation efforts with First Nations people with the development of a Reflect Reconciliation Action Plan (RAP), and are further maximising our social impact through our new community partnerships with the Black Dog Institute and Planet Ark. We have been recognised for our commitment to diversity, including LGBTI+ workforce inclusion by the Australian Workplace Equality Index, and as an Employer of Choice for Gender Equality, we continue to strive for greater female representation in leadership. We are also advancing our approach to identifying modern slavery risks across our supply chain, completing risk mapping across 1,731 suppliers.

Governance
We recognise the importance of managing ESG risks and opportunities and have embedded a framework that enhances corporate performance and protects the interests of all key stakeholders. We are proud to have achieved leadership standing across key ESG industry benchmarks including being recognised by GRESB, maintaining our position on the CDP Climate A List, and retaining our Global Industry Leader position on the DJSI World Index.

To learn more about Dexus’s commitment to ESG, watch our video or read our Sustainability Report.

Unlisted Funds Management

Natalie Tan

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