Policies

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GPT has a range of policies and protocols to guide employees in their day-to-day work activities and to support high standards of ethical and professional behaviour. Our people are required to understand and adhere to the Group's policies.
Policy documents
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Audit and Risk Management Committee Charter

The Audit and Risk Management Committee is a Committee of the GPT Board set up to assist the GPT Board in discharging its responsibilities. The specific role and responsibilities of the Committee are set out in this Charter.

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Biodiversity Policy

The GPT Group aims to be an overall positive contributor to environmental sustainability, aspiring to positively contribute to sustainable and resilient communities and ecosystems through the protection of biodiversity.

We believe that responsibly managing our biodiversity impacts will enable us to strategically assess biodiversity-related risks and opportunities in managing our investments, anticipate and respond proactively to emerging regulations and societal expectations, and play our part in working towards our aspiration of sustainable and resilient communities.

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Board Charter

The primary purpose of the GPT Board is to ensure the Group, at all times, acts in the best interests of Securityholders of GPT.

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Climate Change & Energy Policy

The GPT Group aims to be an overall positive contributor to environmental sustainability, aspiring to identify and respond to climate change risks and opportunities in managing our property portfolio and work towards carbon neutrality in our operations, developments and business activities.

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Code of Conduct

We are proud of GPT's longstanding reputation for applying the highest ethical and moral standards in all its dealings.

The Code of Conduct sets out the standards of conduct we expect at GPT as we work to be the most respected property company in Australia.

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Community Engagement & Development Policy

The GPT Group aims to be a highly trusted property manager and developer wherever we operate and in doing so return value to our communities as well as our investors. We consider these outcomes to be complementary as the health and resilience of our local communities and the trust we build with them will be reflected in the performance of our assets and success of our business. 

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Conflicts Management Policy

The policy provides guidance principally in respect of conflicts arising from the existence of obligations owed by certain Directors to other corporate entities, but also in respect of conflicts arising from any material personal interests held by the Directors. The policy provides for the establishment of procedures to facilitate good corporate governance and legal compliance with duties arising under statute.

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Continuous Disclosure Policy

The purpose of this policy is to assist GPT to comply with its Continuous Disclosure Obligations by establishing a framework to enable disclosure to investors and the market in a timely and transparent manner. 

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Customer Engagement Policy

The GPT Group aims to be a highly trusted property manager and developer wherever we operate and in doing so return value to our communities as well as our investors. We consider these outcomes to be complementary as the health and resilience of our local communities and the trust we build with them will be reflected in the performance of our assets and success of our business. 

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Diversity Policy

GPT promotes a diverse and inclusive workplace where employee differences such as gender, age, ethnicity, culture, disability and lifestyle choices are valued. The unique skills, perspectives and experience that our employees possess promotes greater creativity and innovation that better reflects and serves the needs of our diverse customer base, ultimately driving improved business performance. 

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Equal Employment Opportunity Policy

GPT is committed to providing a safe, healthy, collaborative and productive environment for all of our employees. We seek to ensure that our workplace is an environment free from unfair treatment, discrimination, harassment, vilification, bullying and conflict by minimising conduct and actions or activities which may lead to personal injury, including unacceptable behaviour.

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Employee Engagement Policy

GPT aims to utilise the collective skills, capabilities and experience of all GPT employees in pursuit of our business objectives.

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Grievance Resolution Policy

GPT aspires to foster a unified, authentic and courageous workplace in which all employees respect each other’s diverse range of experiences and backgrounds. To maintain a collaborative work environment, GPT ensures that employees have every opportunity to express grievances and have them resolved in a fair, equitable and prompt manner.

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Health and Safety Policy

GPT is committed to ensuring that the operations of the Group are conducted in a manner which safeguards the health and wellbeing of all our stakeholders including employees, tenants, contractors, customers and members of the public who are either present at, or affected by our assets.

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Learning & Development Policy

GPT aims to attract, retain, and deploy the best talent in the market in order to achieve optimal business outcomes. To achieve this aim GPT believes it is essential that the GPT employee value proposition contains a substantial and authentic commitment to supporting the career development of our employees through continuous learning.

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Nomination and Remuneration Committee Charter

The Nomination and Remuneration Committee is a Committee of the Board set up to assist the Board in fulfilling its corporate governance responsibilities in regard to remuneration; diversity; board and executive appointments, performance and succession; and related matters.

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Personal Dealing Policy

As employees within the investment management industry, KMPs and Employees must recognise that their actions must at all times withstand scrutiny from within the GPT Group, Securityholders, joint venture partners, regulators and the general public when considering personal investment opportunities.

This policy is designed to help ensure that each employee of GPT, and GPT as a whole, comply both with the formal regulatory environment and with the standards of moral and ethical behaviour expected of us.

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Risk Management Policy

The GPT Group’s risk management approach incorporates culture, people, processes and systems to enable the organisation to realise opportunities whilst managing actual and potential risks.

GPT recognises the requirement for effective risk management as a core capability and consequently all employees are expected to be managers of risk.

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Selection and Appointment of Directors

While the election of Directors is ultimately a matter for GPT’s Securityholders, the Board plays an important role in the selection and recommendation of potential candidates for Securityholder vote.

This policy sets out the process and the guidelines for the selection and appointment of independent, nonexecutive directors.

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Supplier Code of Conduct

The Supplier Code of Conduct outlines GPT’s fundamental expectations of its suppliers regarding their activities in the production and delivery of goods and services supplied directly to GPT.

The Supplier Code of Conduct supports GPT’s values, purpose and strategy, as well as internationally recognised standards and appropriate codes of practice.

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Supplier Policy

GPT is committed to being a sustainable business, and aspires to be an overall positive contributor to our communities, people and the environment. We recognise that our performance depends on that of our suppliers and we aim to work in partnership with them in delivering shareholder value and in working towards our vision to create and sustain environments that enrich people’s lives.

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Sustainability Policy

GPT aims to be a sustainable business that delivers long-term shareholder value. We see our ability to effectively manage our sustainability performance as a major opportunity for GPT and its investors. We also recognise that the way we approach this presents a significant opportunity to enhance shared value for all our stakeholders.

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Sustainability Committee Charter

The Sustainability Committee was established by the GPT Board to assist it in discharging its responsibilities to ensure that the GPT Group, and its externally managed Funds, are sustainable businesses delivering long-term value to their investors.

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Tax Transparency Report 2016

The GPT Group is committed to managing its tax obligations responsibly and in compliance with all laws and regulations.

The Board of Taxation has released a Tax Transparency Code (“TTC”) that recommends a set of principles and minimum standards on the disclosure of tax information for businesses. The GPT Group has voluntarily adopted the TTC recommendations and publishes this document as part of the Group’s commitment to tax transparency. 

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Waste Resources Management Policy

GPT recognises that, globally, resources are being consumed and waste is being generated at unsustainable rates.

As a property manager, GPT’s most significant impacts relate to the way we manage and dispose of the waste generated by the occupants and users of our assets. 

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Water

Managing water resources at GPT includes activities relating to efficiency in our water consumption, our selection of water sources, and our methods for harvesting, reusing and discharging water. We recognise that water is a constrained but essential resource to the sustainability of our business and to society more broadly, especially within Australia.

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Whistleblower Policy

GPT is committed to creating and maintaining a culture of corporate compliance and ethical behaviour in which employees are responsible and accountable, behave with honesty and integrity and are able to raise concerns regarding unethical, unlawful or undesirable conduct, without fear of reprisal.

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