This month, Investa Office (“Investa”) released its Financial Year 2015 Sustainability Report (“the report”) outlining key achievements in environmental performance, as well as in community, tenant and employee engagement.
A global leader in sustainability, Investa is committed to responsible property investment and the ongoing pursuit of sustainable building ownership and management.
As the report outlines, Investa has made significant progress in environmental measures over the past decade. Of significant importance is a 55% reduction in greenhouse
gas emissions intensity* since 2004. This achievement cannot be understated, and represents a reduction of over 130,000 tonnes of CO2 emissions per year.
Investa has been able to achieve these results through long-term diligence and innovation, with building specific strategies such as the implementation of low carbon electricity from tri-generation plants in Investa managed buildings. This has seen the prevention of the emission of over 10,000 tonnes of Carbon since 2011. Investa has also cut its water usage by 45%, to 639 litres per square metre, since 2004.
Campbell Hanan, CEO, Investa Office said: “We are very pleased with our sustainability performance for 2015, as detailed in this report. Along with making some very significant improvements for our people and our tenants, we have also halved the annual rate of carbon emissions from a number of buildings over the last decade - a key milestone for our business.”These outstanding achievements are highlighted by Investa’s 4.45-star average NABERS energy rating, considerably higher than the industry average rating of 3-stars.
This above average rating is due largely to the outstanding performance of key buildings within the Investa portfolio, including 130 Pitt Street, Sydney and 99 Walker Street, North Sydney. This year, the performance of 16-18 Mort Street, Canberra was also influential in terms of Investa’s overall portfolio rating, as it achieved an impressive 5-star NABERS energy rating, and a 5-star NABERS water rating.
Importantly, Investa’s managed funds – Investa Commercial Property Fund, Investa Office Fund and Investa Property Trust – were also recognised internationally for the third year in a row as “Green Stars” by the Global Real Estate Sustainability Benchmark.
Investa’s long-term diligence and innovation in environmental management continues to pay positive financial and environmental dividends for tenants and investors.
In 2015, Investa continued its commitment to being the first choice for tenants by enhancing its customer-centric service model with new interactive Tenant Information Manuals to better service tenants’ needs.
Additionally, the business launched INSITE - a tenant engagement program, which established a virtual customer community in its buildings. Its Melbourne office also participated in the Building Run artwork project, raising awareness of sophisticated building management, and in Brisbane, the Hive collaborative workspace was established to offer tenants new flexibility and networking opportunities.
Throughout the year, Investa also continued to invest in end-of-trip facilities and healthy living programs to encourage cycling, walking and active living amongst tenants.
As a result, the 2015 Campbell Scholtens Tenant Survey revealed that 86% of tenants would recommend Investa as a building manager, and 93% said they were satisfied with Investa as an owner.
Supporting and caring for employees was another key focus for Investa for 2015 - with the business recognising the commercial benefits of having a culturally diverse, talented, collaborative workforce.
Reflecting its commitment to diversity, Investa launched employee sub-committees of the Diversity Committee to identify opportunities for further support of gender, LGBTI and cultural diversification.
In addition, the business is committed to promoting ongoing gender equality through the review of recruitment policies and procedures, providing unconscious bias training to all people managers, and actively promoting women in property through the Property Council of Australia’s Male Champions of Change Program.
Investa’s positive and significant role in the community was also a key measure for this report.
Most notably, in 2015, Investa continued its involvement in the Australian Business Roundtable for Disaster Resilience and Safer Communities, which continued to advocate to government for cost-effective resilience solutions, and was recognised with a UN award for Disaster Risk Reduction.
Investa’s employees also continued to enable positive social change through fundraising and volunteering initiatives, and enabled over $500,000 in charitable donations for the 2015 financial year.
*Greenhouse gas emissions intensity is a measure of tonnes of CO2 released per square metre of net lettable area annually.
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