Sustainability

Vicinity has released its 2024 Annual Report Sustainability SupplementClick here to view the Supplement

Our strategy

Our Sustainability Purpose

Our Sustainability Purpose is to 'create value by connecting People, Place and Planet

Our Sustainability Vision

Our Sustainability Vision is to create social, environmental and financial value that is sustained and shared with all stakeholders

SUSTAINABILITY AT VICINITY

Sustainability underpins all we do to ensure we enrich community experiences and leave a better world for tomorrow

Two women and a man having coffee

People

Deliver precincts that are inclusive, enhance wellbeing and create opportunities to connect and drive a sense of belonging.
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Northland, VIC

Place

Strive to create assets that embody sustainable design and reduce negative impacts on people and planet.
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Elizabeth City Centre - Car Park solar

Planet

Enhance climate resilience by delivering lower carbon assets, focusing on renewables, mobility and meeting our Net Zero objectives.
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CREATE VALUE BY CONNECTING PEOPLE, PLACE AND PLANET

Our highlights in FY24

#1

in Oceania for Listed Retail category (GRESB)

Ranked 95th percentile

for overall score by DJSI and Sustainability Yearbook Member

4 Star

Green Star Performance Portfolio Rating

$8.3 million

spend with Indigenous and Social enterprises across our managed portfolio

$9.2 million

Invested in local communities in FY24

TCFD

Task Force for Climate-related Financial Disclosure
Figures correct as at 30 June 2024, unless otherwise specified.

Governance and Reporting

Inclusive, equitable and equal working environments and business practices

Northland, VIC.jpg

Modern Slavery Statement

Vicinity released its fourth Modern Slavery Statement in 2023, outlining actions taken to assess and address modern slavery risks in our operations and supply chain. We have also established a Modern Slavery Working Group to provide active engagement and feedback on the progression of Vicinity’s Responsible Procurement Action Plan and actions to assess, address and mitigate modern slavery risks in our supply chain.
Read our Modern Slavery Statement
Foyer of Tower One

Corporate Governance

Vicinity is committed to high standards of governance in everything we do. We regularly review our governance practices to ensure they are fit for purpose and appropriately reflect the dynamic environment in which we operate, and the expectations of our stakeholders and the community.
Explore Corporate Governance

SUSTAINABILITY RECOGNITION

4.5 Star NABERS Portfolio Energy Rating
2024 GRESB logo
Ranked #1 in Oceania for Listed Retail category by Global Real Estatate Sustainability Benchmark (GRESB)
DJSI Sustainability Yearbook Member, ranking in 95th percentile for overall score.

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