Having joined Landcom this year, I’m very proud of the sustainability outcomes that Landcom is achieving for communities, and excited about how we can stretch ourselves further.
This report demonstrates our continued commitment to the delivery of more affordable and sustainable communities for the people of NSW. Our FY22 results show we continue to make consistent and meaningful progress against our targets and are well-positioned to meet our 2028 leadership goals. This year Landcom was once again recognised as a global sustainability leader placing within the top three most sustainable residential development organisations in Oceania in the 2022 GRESB Real Estate Assessment. This result puts Landcom in the top 9% of global development participants.
We continue to strive for international best practice sustainability outcomes on our projects, with six projects this year receiving or committing to 5 and 6 Star, Green Star Ratings.
We also continue our efforts to understand and address climate-related risks with a particular focus on our transition risks, in accordance with the Task Force on Climate-related Financial Disclosures (TCFD) Recommendations. To complement this, Landcom has once again been certified as a Carbon Neutral Organisation for operations, under the Climate Active Carbon Neutral Standard. Importantly we have also committed that from FY22 all communities where Landcom is the master developer will be delivered as all-electric, meaning no gas reticulation. We intend that our efforts in this space will help drive an orderly transition to a low carbon economy.
We continue to uphold our commitments to advancing the United Nations Sustainable Development Goals1, and as a Participant to the United Nations Global Compact. This year we were also proud to achieve the significant milestone of launching our Reflect Reconciliation Action Plan (RAP).
Our commitment to enable collaboration and innovation across our communities continues, and this year we have launched a new approach to research, which will leverage partners from across government, industry, and academia to deliver innovative solutions for our projects and industry.
Sustainability and the creation of a resilient future are more important than ever before. At Landcom we are committed to playing our part by creating a legacy of sustainable places for future generations.
1 For details on our alignment to the United Nations Sustainable Development Goals see Appendix D.
Our Sustainable Places Strategy
Our Sustainable Places Strategy with four Leadership Goals guides the way we deliver new communities. Our FY22 performance for each part of our strategy is accessible below.