Global Reporting Initiative

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General Standard Disclosures G4 - Comprehensive
Open All
Identified material aspects and boundaries
 

Reference

Omissions & notes

G4-17

Data pack
Our business

 

G4-18

Sustainability
Environment

 

G4-19

GPT Website
Sustainability

 

G4-20

GPT Website
Sustainability

All aspects reported by GPT are within the organisation apart from Health and Safety which includes contractor workers, principal contractor workers and visitors

G4-21

GPT Website
Sustainability

All aspects reported by GPT are within the organisation apart from Health and Safety which includes contractor workers, principal contractor workers and visitors

G4-22

GPT Website
Sustainability

There were no significant restatements of previous year information in this report

G4-23

GPT Website
Sustainability

There were no significant changes in Scope or Aspect Boundaries since previous reports

 

Organisational profile
 

Reference

Omissions & notes

G4-3

Annual review
GPT Website

 

G4-4 Annual review
GPT Website
 

G4-5

Annual review
GPT Website

 

G4-6

Annual review
GPT Website

 

G4-7

Annual review
GPT Website

 

G4-8

Annual review
GPT Website

 

G4-9

Annual review
GPT Website

 

G4-10 Diversity

GPT is not a construction company and currently does not capture the total number or related statistics of supervised workers 

G4-11 Diversity

GPT employees have individual contracts, hence there are no collective agreements, however GPT supports freedom of association 

G4-12 Our Suppliers

GPT's significant suppliers include construction companies delivering new developments and suppliers of services and materials required to operate existing buildings, especially contract cleaning, security and utilities.  Accordingly suppliers are predominantly local. 

G4-13 Our Suppliers

There were no material changes to GPT that had an effect on suppliers

G4-14 Sustainability

 

G4-15

Partnerships & Memberships

 

G4-16

Partnerships & Memberships

 

 

 

 

Report Profile
 

Reference

Omissions & notes

G4-28

Annual review
GPT Website

 

G4-29

Annual review
GPT Website

 

G4-30

Annual review
GPT Website

 

G4-31

Annual review
GPT Website

 

G4-32

Assurance

This report in accordance with GRI G4 Comprehensive report requirements and has been assured by EY

G4-33

Assurance

It is GPT's practice to require independent assurance over material environmental aspects as an aid to meeting compliance requirements, as such independent assurance is endorsed by the Sustainability PCG

Governance

 

 

Reference

Omissions & notes

G4-34

About GPT

 

G4-35

About GPT

 

G4-36

Sustainability

 

G4-37

Sustainability

The Sustainability Project Control Group, comprised of company executives provide feedback to the Board Sustainability Committee on stakeholder feedback

G4-38

2013 Annual Review
About GPT

Board members are not selected on the basis of under represented social group

G4-39

About GPT

 

G4-40

About GPT

 

G4-41 About GPT

 

G4-42 About GPT

 

G4-43 About GPT

 

G4-44 Policies & Charters

See Board Charter and Charter of Board Committees, results of Board evaluation are not reported externally

G4-45 Policies & Charters

See Sustainability Committee Charter. Stakeholder feedback forms a key component of information provided to the Board Committee.   Board papers are not published externally

G4-46

About GPT

 

G4-47

About GPT

The Sustainability Board Committee meets quarterly to review performance of material aspects

G4-48

Sustainability

The Sustainability Board Committee meets quarterly to review performance of material aspects

G4-49

Complaints

 
G4-50

About GPT

No critical concerns identified

G4-51

2013 Annual Review: p36
2013 GPT Annual Financial Report: p24
Policies & Charters

See Nomination and Remuneration Committee Charter

G4-52

About GPT  

G4-53

2013 GPT Annual Financial Report: p24

The Remuneration Report is subject to a separate vote at the Annual General Meeting, in 2013 the vote was 99.15% in favour of the report 

G4-54

About GPT  

G4-55

2013 GPT Annual Financial Report: p127 and p136

CEO total remuneration year on year -4%, average remuneration increase all other employees 2.23%

Ethics and integrity
 

Reference

Omissions & notes

G4-56

Corporate Governance

 

G4-57

Corporate Governance

GPT personnel are encouraged to discuss ethics and integrity issues with their Manager or by reference to People and Performance or Legal groups.   External counselling is made available via PPC Worldwide. 

G4-58

Corporate Governance

 

Strategy and analysis
Stakeholder engagement
 

Reference

Omissions & notes

G4-24

Sustainability
Community

For the purposes of materiality assessment stakeholders are engaged at the corporate level.   Property level stakeholder engagement is described in the Community Engagement and Development web pages. 

G4-25

GPT Website
Sustainability

 

G4-26

Sustainability
Our People
Community
Our Customers

This Annual Review builds on the report from previous years and has therefore been guided by feedback from stakeholders. Unless otherwise stated the communications are conducted on a rolling basis. 

G4-27

GPT Website
Sustainability

 
Specific Standard Disclosures G4 - Comprehensive
Open All
Economic

GRI Material Aspects

DMA and indicators Omissions & Notes External assurance
      2011 2012 2013
Economic - DMA

2013 GPT
Annual Financial Report

2013 Annual Review

 

 

   
G4-EC1

2013 GPT Annual Financial Report

GPT 2013 Annual Financial Report, p42 Y Y Y

G4-EC2

Environment
Climate Change & Energy

GPT's approach is to continue to improve the energy resilience of buildings through improved energy efficiency.  This reduces operating costs, often improves services, and in turn makes them more attractive to tenants.   Through engagement with industry bodies and government the best available data on climate change impacts can be assessed

     

G4-EC3

 

Not applicable, GPT and employees pay into externally managed superannuation fund

     
G4-EC4  

Not applicable, no material financial assistance received from government

     

 

Environmental

 

2005 is used as a baseline year being the first year that a reliable company wide benchmark was captured

Waste and Resources

GRI Material Aspects

DMA and indicators Omissions & Notes External assurance
      2011 2012 2013
Materials - DMA

Waste & Resource Management

 

 

   
G4-EN1

 

Indicator not applicable, majority of GPT operations are in existing property.  Developments are under control of others, GPT guides material selection through use of Green Star and Design Brief.

     

G4-EN2

 

Indicator not applicable, majority of GPT operations are in existing property.  Developments are under control of others, GPT guides material selection through use of Green Star and Design Brief.

     

Climate Change and Energy

GRI Material Aspects

DMA and indicators Omissions & Notes External assurance
      2011 2012 2013
Energy - DMA

Environment
Climate Change & Energy

 

 

   
G4-EN3

Environment
Climate Change & Energy

Note: no heating or cooling is purchased, total energy is net of energy sold Y Y Y

G4-EN4

 

Not applicable, the significant energy impact is related to operational property as reported in G4-EN3. 

     

G4-EN5

Environment
Climate Change & Energy

Only energy recorded in EN3 is used in intensity calculations

Y Y Y
G4-EN6 Environment
Climate Change & Energy

Energy intensity reductions are in the majority as a result of energy efficiency activities 

     

G4-EN7

  Indicator not applicable, GPT's product is serviced space in office, retail and logistic business park property.  GPT therefore retains an interest in the operation of the property over time and reports energy and emissions as per EN3, 4, 16-19       
CRE1 Building energy intensity Environment
Climate Change & Energy
Energy intensity reductions are in the majority as a result of energy efficiency activities.  While there will be small changes in occupancy rates across properties year to year, the effect at the portfolio level is not material.  NABERS ratings normalise for this effect and are reported NABERS Ratings  Y Y Y

 

Water

GRI Material Aspects

DMA and indicators Omissions & Notes External assurance
      2011 2012 2013
Water - DMA

Water
Environment

 

 

   
G4-EN8

Water
Environment

  Y Y Y

G4-EN9

Water
Environment

The majority of water is drawn from municipal supplies, supplemented at some sites by precinct recycled water systems, both are reported.   Pilot projects in blackwater reclaim and rainwater collection are in operation resulting in reduced potable water consumption

     

G4-EN10

 

Pilot plants exist for on-site water recycling reducing the amount of water withdrawn from municipal supplies

     
CRE2 Building water intensity Water
Environment

 

Y Y Y

Biodiversity

GRI Material Aspects

DMA and indicators Omissions & Notes External assurance
      2011 2012 2013
Biodiversity - DMA

Biodiversity

 

 

   
G4-EN11

 

No critical sites identified      

G4-EN12

Biodiversity

No significant impacts identified.  GPT properties are majority existing properties within built up areas.

     

G4-EN13

Biodiversity Not applicable, at the property level measures as described in the web pages are implemented.   Aggregate information is not collected.      
G4-EN14  

Not applicable, none identified in relation to GPT property

     

CRE5 Land remediated

  Not applicable, no instances of land remediation identified where current and expected use is considered       

Climate Change and Energy

GRI Material Aspects

DMA and indicators Omissions & Notes External assurance
      2011 2012 2013
Emissions (Greenhouse gases) - DMA

Environment
Climate Change & Energy

 

 

   
G4-EN15

Environment
Climate Change & Energy

Emission factors are sourced from "Australian National Greenhouse Accounts" reported as kgCO2e  Y Y Y

G4-EN16

Environment
Climate Change & Energy

 

Y Y Y

G4-EN17

Environment
Climate Change & Energy
  Y Y Y
G4-EN18 Environment
Climate Change & Energy

 

Y Y Y

CRE3 HGH Intensity

Environment
Climate Change & Energy
  Y Y Y

CRE4 GHG Intensity in construction

  Not applicable, GPT's material impacts are from operating buildings.   GPT is not a construction company       

GA4-EN19

Environment
Climate Change & Energy
Scope 2 emissions decreased as a result of energy efficiency projects and fuel switching.   Scope 1 emissions increased in response to fuel switching to gas for primary energy supply at some properties  Y Y Y

GA4-EN20

  GPT does not manufacture ODS or use ODS in production.  Small amounts of ODS may be present in sealed air conditinioning systems.       

GA4-EN21

 

GPT has a small volume of air emissions related to primary energy combustion (gas) for heating, co and trigeneration systems. While CO2 is accounted for (EN15) the other gases of less signficance

     

Waste and Resources

GRI Material Aspects

DMA and indicators Omissions & Notes External assurance
      2011 2012 2013
Waste - DMA

Waste & Resource Management

 

 

   
G4-EN22

 

Not measured, water discharge is proportional to water withdrawn (EN8) and discharge is to municipal sewer system

     

G4-EN23

Waste & Resource Management

Weight of waste generated and destination of waste is as provided by the waste disposal contractors, selected sites are verified by annual audit

  Y Y

G4-EN24

  No spills were identified in 2013      
G4-EN25  

No Basel Convention waste was identified

     

G4-EN26

  Water discharge is to municipal sewer      

Suppliers

GRI Material Aspects

DMA and indicators Omissions & Notes External assurance
      2011 2012 2013
Suppliers - DMA

Our Suppliers

 

 

   
G4-EN32

Our Suppliers

The information is currently unavailable, supplier screening mechanisms are under development       

G4-EN33

Our Suppliers

The information is currently unavailable, supplier screening mechanisms are under development       
Social

Employee Engagement, Learning and Development, Diversity, Suppliers, Tenant and Customer Engagement, Health and Safety, Community Engagement and Development

GRI Material Aspects

DMA and indicators Omissions & Notes External assurance
      2011 2012 2013
Employment - DMA

Diversity
Principles & Policies
Our People

GPT is an direct employer of over 400 people and an indirect employer of many thousands, Labor rights are material to these stakeholders

 

   
G4-LA1

Diversity

Region is limited to Australia      

G4-LA2

Attracting & Retaining Talent

Employee benefits are available to all permanent employees

     
G4-LA3 Health, Wellbeing & Safety Statistics on retention of staff after returning from parental leave are not currently collected       
Occupational Health and Safety - DMA Health, Wellbeing & Safety        
G4-LA5  

Not applicable. Health and safety is an integral part of the risk management activity at each GPT property.  The GPT workforce is collaborative, collegiate and does not rely on worker/manager committees for success  

     
G4-LA6 Health, Wellbeing & Safety

GPT personnel are in the majority office based with low injury exposure and injury rates, they are not exposed to occupational diseases.    Information on supervised worker injury rates is currently not available.  Systems are being improved to allow consistent reporting in future 

     
G4-LA7  

GPT does not operate property where there is a high risk of disease linked to occupations 

     
G4-LA8  

Not applicable, no union based agreements

     
CRE6 Health and Safety Management Health, Wellbeing & Safety

100% of GPT operations are covered by a health and safety management system that is self assessed to comply with AS4801 

     

Training and Education - DMA

Learning & Development        
G4-LA9 Learning & Development

As GPT is not a construction company the relevant element of the Construction and Real Estate Supplement is not provided 

     
G4-LA10 Learning & Development

Programs addressing career endings are not currently provided, but is addressed on an individual basis as required 

     
G4-LA11 Attracting & Retaining Talent

All employees have regular performance and career development plans and reviews 

     
Diversity and Equal Opportunity - DMA Diversity        
G4-LA12 Diversity

Breakdown by age or minority group is omitted as not material 

     
Equal Remuneration for Women and Men - DMA Diversity        
G4-LA13 Diversity

Region is limited to Australia

     
Supplier Assessment for Labor Practices - DMA Our Suppliers Information not currently available, supplier screening mechanisms remain under development       
G4-LA14 Our Suppliers        
G4-LA15 Our Suppliers        
Labor Practices Grievance Mechanisms - DMA  

GPT has established processes for labor grievances, particularly through our whistleblower policy but does not quantify them at this time 

     
G4-LA16  

GPT has established processes for labor grievances, particularly through our whistleblower policy but does not quantify them at this time 

     

Non discrimination - DMA

Diversity        
G4-HR3  

No incidents of discrimination have been identified

     

Freedom of association and collective bargaining - DMA 

Diversity

GPT supports freedom of association of its employees.  It is recognised that contractor employees, especially cleaning and security staff are most exposed to the potential for exploitation.   Accordingly GPT supports the Principles of Fair Contracting as described

     

G4-HR4

Diversity

GPT supports, and was a key contributor, in the development of the Property Council of Australia's Principles of Fair Contracting.  GPT requires its suppliers to act in accordance with the Principles. 

     
Local communities - DMA Community

GPT properties are deeply embedded within and play an important role in local communities 

     
G4-SO1 Community

100% of retail properties have community investment plans and social house views, currently there is one pilot office property where the strategy is being tested 

     
G4-SO2  

Not applicable, no significant local negative impact properties have been identified 

     
CRE7 Displacement/ resettlement  

Not applicable, no incidents of persons being displaced or requiring resettlement exist 

     
Anti corruption - DMA Principles & Policies

See principle 3 including the GPT Code of Conduct

     
G4-SO3  

GPT's risk management team review all operations on a rolling basis to identify corruption related risks 

     
G4-SO4  

Communication and training on GPT's Code of Conduct is provided on a rolling basis to all employees and governance body members 

     
G4-SO5  

No incidents of material corruption have been identified

     
Public policy - DMA  

We participate in public policy discussions both directly and indirectly. For example, in relation to climate change, as our expertise is not in the area of designing market mechanisms for moving to a low emissions economy or in policy development to retain Australia's competitiveness, GPT participates indirectly in climate change public policy development through our membership and participation in a range of industry organisations. In other areas we lobby Government directly, as outlined in our case study on Alcohol & Casuarina (which demonstrates our persistence in lobbying Government to change alcohol licensing laws in the NT) 

     
G4-SO6  

GPT's policy is that of making no political donations

     
Anti-competitive behavior - DMA Principles & Policies

See principle 3 including the GPT Code of Conduct

     

G4-SO7

 

No legal actions for anti competitive behaviour have been identified

     
Compliance - DMA Principles & Policies GPT 2013 Annual Financial Report p7      
G4-SO8   No material non-compliances were identified.      
Supplier Impacts on society - DMA Our Suppliers        
G4-SO9  

Information not currently available, supplier screening mechanisms remain under development 

     

G4-SO10

         

Impacts on society grievance - DMA

Complaints        

G4-SO11

  No impacts on society grievances were received in 2013      
Customer health and safety - DMA Health, Wellbeing & Safety        
G4-PR1 Health, Wellbeing & Safety

100% properties under GPT control are assessed to ensure the safety of customers and guests, through design, construction, operation and demolition. GPT recognises the duty of care for all people that use and enter our properties. 

     

G4-PR2

 

GPT properties are subject to inspection and audit by a range of consultants and authorities. Any arising notices are resolved at the property level in order to satisfy regulation.  While they are recorded in the GPT Risk Management system they are not quantified seperately from other opportunities for improvement 

     

Product and service labelling - DMA

NABERS Ratings See CRE-8 below.      

G4-PR3

 

Not applicable, covered by CRE8 below

     
CRE8 Sustainability ratings NABERS Ratings

GPT uses Green Star to influence the design of new office property (www.gbca.org.au), and NABERS to rate the energy/greenhouse/water efficiency of offices and retail centres.  GPT is piloting the use of Green Star Performance in 2 office buildings 

     
G4-PR4  

No incidents of non-compliance with product service or labelling were identified

     

G4-PR5

Our Customers