REIMAGINING URBAN LIFE, SUSTAINABLY

Mirvac’s sustainability strategy, This Changes Everything, focuses on six key areas:
ENVIRONMENTAL SOCIAL GOVERNANCE

Climate change Natural resources Our community Social inclusion Our people Trusted partner

MOST RELEVANT SUSTAINABLE DEVELOPMENT GOALS

IN THE PAST 12 MONTHS, THE GROUP

ACHIEVED A NUMBER OF TARGETS:
> released ‘Planet Positive, Mirvac’s plan to reach net
positive carbon by 2030’;
> achieved high sustainability ratings in our office portfolio,
which now boasts four 6 Star Green Star Performance rated
buildings, along with three 6 star, two 5.5 star and six 5 star
NABERS Energy rated buildings;
> more than quadrupled our community investment
(off an FY17 baseline), three years ahead of our 2022 target;
> released our first Social Return on Investment (SROI) report,
which outlines our findings of an SROI analysis
on 27 of our residential projects;
> developed a community engagement standard to ensure
we have a consistent approach across the business;
> announced a partnership with social enterprise, Homes
4 Homes, which will help to address the need for more
social and affordable housing in Victoria; "Our work to achieve net positive
> achieved over 40 per cent of women in senior carbon in our investment portfolio
management roles; and means that from 2030, and each
> maintained high employee engagement of 90 per cent, year afterwards, the emissions
highlighting the strength of our culture.
we don’t emit are equivalent to
We also continued to maintain robust governance principles
to ensure we remain a trusted owner and developer. These planting over 1.4 million trees and
principles can be viewed in our Corporate Governance taking 22,300 cars off the road."
Statement which is available on the Mirvac website at Sarah Clarke, Group General Manager, Sustainability & Reputation
https://www.mirvac.com/About/Corporate-Governance.
REIMAGINING URBAN LIFE, SUSTAINABLY

RESOURCES ENRICHED TRANSPARENT

REIMAGINED COMMUNITIES GOVERNANCE

CLIMATE NATURAL OUR SOCIAL OUR TRUSTED

CHANGE RESOURCES COMMUNITY INCLUSION PEOPLE PARTNER

Net positive Net positive Net positive $100m social Highly engaged, Most trusted
(carbon) 2030 (water) legacy 2030 sector investment capable and 2030 owner and
diverse workforce developer
Zero waste
to landfill
$30m
2025 social
procurement
80% operational by 2025
10MW renewable waste recycled Community
energy installed 2023 wellbeing 2023
Water intensity
reduced by 5% in measure
O&I and Retail developed

Social enterprise
Triple community capacity building 40:40:20
investment 2022 partnership women in senior 2022
launched management
5MW renewable
energy installed Water white
2021 paper released1
Carbon intensity
reduced by 5% in Social housing
O&I and Retail investment pilot
launched
Waste white
paper released House with No Bills
research findings 20% improvement Data integrity
2020 Water metering 2020 released 2020
and monitoring in health and charter release
installed wellbeing

Community
engagement Modern slavery
standard Unlimited paid risk heat map
Net positive 96% construction developed volunteer leave Personalised released
(carbon) white 2019 waste recycled 2019 health and 2019
Social return on Define Human Rights
paper released investment report social wellbeing support approach released
released procurement implemented

ONGOING ONGOING ONGOING

Maintain Board
climate capability
New office buildings
NABERS 5.5 Star Energy
All new Residential
projects to include solar
New office buildings All (new) office  Maintain global high Understand and
4.5 Star NABERS Water Gold WELL rated performing engagement share stakeholder
trust feedback
Maintain Risk Culture
Index performance Clear earnings
visibility/guidance
Transparent
reporting
Maintain Board
diversity

1.  Target extended from 2020.

FOR MORE INFORMATION, CONTACT:

Sarah Clarke, E sarah.clarke@mirvac.com
Group General Manager, T +61 3 9695 9498
Printed on Eco Star Impact 100% Recycled paper.
Sustainability & Reputation http://sustainability.mirvac.com