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Sustainability
Sustainable Responsible Investment Policy
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Lend Lease Investment Management
Sustainable Responsible Investment Policy
As a fund manager, we have a duty to act in the interests of our Investors. In this fi duciary role, we believe that environmental, social and safety factors form an integral part of the management process in our property portfolios.
We are committed to creating value for all stakeholders in everything we do by delivering positive economic, environmental and social outcomes whilst operating in an environment that is Incident and Injury Free.
We therefore commit to the following actions:
| 1. | Formally evaluate the impacts and risks of environmental, social and safety issues in our investment and management decision making |
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| 2. | Measure and report on environmental and safety criteria |
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| 3. | Set targets to increase environmental and safety performance in operation and development |
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| 4. | Create and implement a Sustainable Development programme for managed development projects incorporating environmental, social and safety considerations for site selections, design and construction |
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| 5. | Create and implement a Sustainable Operations programme for managed investments incorporating environmental management plans and operation guidelines |
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| 6. | Use green building rating tools where they exist, to benchmark environmental performance |
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| 7. | Engage and share knowledge with stakeholders on environmental, social and safety issues |
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| 8. | Work with industry bodies and government on tools and incentives which promote improved environmental, social and safety performance in the property industry. We will report progress annually against our actions. |
Steve McCann
Global CEO Lend Lease Investment Management
June 2007
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