Market Leadership, Sustainable Growth, Financial Performance and Capital


= fully reported

= partially reported

= not reported

Indicator Description Reported Response Reference link

Economic performance

EC1 Direct economic value generated and distributed, including revenues, operating costs, employee compensation, donations and other community investments, retained earnings, and payments to capital providers and governments.

Consolidated statement of comprehensive income Annual Report pg 48

Notes to the financial statements Annual Report pgs 60, 61, 76-79

Employee performance Community performance

EC2 Financial implications and other risks and opportunities for the organisation's activities due to climate change and other sustainability issues.

2014 Carbon disclosure project summary Questions 2.1(a)(b), 5, 6 pgs 5, 18, 24

2013/14 UNPRI Transparency report

EC3 Coverage of the organisation's defined benefit plan obligations.

Dexus does not operate a defined benefit superannuation scheme. Consistent with Australian legislation, superannuation contributions are made to superannuation funds selected by employees.

EC4 Significant financial assistance received from government.

Dexus received $273,755 of Green Building Funding during the FY14 period for delivery of the energy upgrade program which included projects across the office and retail portfolios. The upgrade program was finalised in FY13 and progress reported through to AusIndustry. The government is not present in the shareholding structure.

During FY14 Dexus received $470,379 in Energy Savings Certificates (ESCs) through its first year of participation in the NSW Energy Savings Scheme (ESS). The NSW government scheme is administered by the NSW Independent Pricing and Regulatory Tribunal. The funds received derive from claims submitted under the ESS following portfolio-wide technology and control upgrades implemented within Dexus's NABERS Improvement Program. ESCs are earned for each demonstrated tonne of carbon dioxide saved.

Environmental performance

NABERS program case study

Generating returns from Energy Savings Certificates case study Annual Review pg 39

Market presence

EC5 Range of ratios of standard entry level wage by gender compared to local minimum wage at significant locations of operation. Not material - Dexus does not collect information at this level as it is not material to operations.
EC6 Policy, practices, and proportion of spending on locally-based suppliers at significant locations of operation. 100% of operational expenditure for the Australian and New Zealand located portfolio, are local (Australian or New Zealand) based suppliers (includes Australian divisions of international companies). Procurement policy
EC7 Procedures for local hiring and proportion of senior management and all direct employees, contractors and sub-contractors hired from the local community at significant locations of operation. Dexus hires employees based on merit and the appropriateness of their skill set for all advertised positions. The majority of Dexus employees are hired from within the region in which the businesses operates, however there is no policy for giving preference to local residents. Employees are sourced and recruited using local recruitment providers and utilising local advertising mediums.

Indirect economic impacts

EC8 Development and impact of infrastructure investments and services provided primarily for public benefit through commercial, in-kind, or pro bono engagement. Community engagement is a key part of the culture at Dexus. Across the Group, employees contribute time and money to worthy causes that benefit the local community. Dexus also provides support to non-profit and community organisations in the form of donations and in-kind contributions.

Community performance

People and Culture Annual Review pgs 28-30

EC9 Understanding and describing significant indirect economic impacts, including the extent of impacts.

Market outlook

Community performance

Supplier performance