Sustainability

Centuria continues to make progress in understanding our ESG impacts. We have worked to further incorporate increasingly sustainability-related factors into our business practices across our operations.

We are addressing climate issues, alongside a range of social and stakeholder initiatives.

Our sustainability framework

We have developed the Centuria Sustainability Framework to help us better understand the ESG impacts of our activities and to assist with driving improvements in those impacts through the focus areas in our ESG strategy.

The Sustainability Framework is based on an assessment of our material topics – that is, the ESG topics most relevant to our internal and external stakeholders, based on their impact on the environment, people and the economy.

The revised Sustainability Framework simplifies and strengthens our approach to ESG. The new Framework will help guide our ESG strategic initiatives and approach moving forward.

Climate change (Environment)

Conscious of climate change (Environmental)

Objective: Environmental outcomes that can help to mitigate climate-related risks and enhance opportunities

This year, we have seen the effects of severe weather events in both Australia and New Zealand, including the Auckland Anniversary floods and Tropical Cyclone Jasper in Queensland. Conscious of the potential impact of climate on our business and the communities where we operate, Centuria continued striving to build strategic resilience into our business.

Climate resilience

Build strategic resilience to potential future impacts of climate change.

Energy and emissions

Monitor and reduce energy consumption and GHG emissions in line with Centuria’s targets.

Resources and waste

Manage natural resources and minimise waste.

Relevant UN SDGs

SDGs_Climate change

Valued stakeholders (Social)

Objective: Create shared value with our stakeholders

For the purpose of the Valued Stakeholders pillar, we define valued stakeholders as customers, tenants, investors, suppliers, government, industry bodies, employees and communities in which we operate.

As an asset and fund manager, we are working to understand how we can create shared value with these groups for our mutual benefit.

Customer and community

Engage our customers and community to create shared value.

People and equity

Focus on promoting growth for our people and encourage diversity, equity and inclusion.

Health and wellbeing

Prioritise the health and wellbeing of our staff and customers.

Relevant UN SDGs

SDGs_Valued stakeholders

Responsible business practices (Governance)

Objective: Maintain honest, transparent and respectful business practices

Centuria seeks to achieve honest, transparent and responsible business practices by investing in both our processes and people. By integrating ESG measures into our governance framework – including our Sustainability Framework – we aim to continue building an ethical and collaborative culture.

Investment approach

Embedding ESG considerations into our acquisition processes.

Modern slavery

Seek to minimise modern slavery in our supply chain.

ESG benchmarks

Where appropriate, assess assets and portfolios against relevant ESG benchmarks and explore third party sustainability certifications such as Green Star.

Relevant UN SDGs

SDGs_Responsible business practices

Industry associations and memberships

Centuria supports and actively participates in several associations and industry groups, which aim to assist real estate and funds management across Australia and New Zealand. Memberships are regularly reviewed to align with the business and its corporate values.

Industry associations and memberships

05.09.2022

Centuria NZ and Hancocks create sustainable industrial warehouse in Mangere

Centuria NZ Industrial Fund and Hancocks are transforming an Auckland warehouse into modern, sustainable industrial facility.

20.05.2022

6-8 Munroe Lane has officially obtained a 5 Green Star – Design & As Built NZv1.0 Certified Design Review rating

We are pleased to announce that Asset Plus‘ 6-8 Munroe Lane project in Albany, Auckland, managed by Centuria New Zealand, has officially obtained a 5 Green Star – Design & As Built NZv1.0 Certified Design Review rating. The green building rating scheme certifies projects that slash waste to landfill, responsibly sources materials and create spaces that better serve the environment and end user.

11.03.2022

International Women’s Day 2022

This International Women’s Day we asked five Centurians to share their thoughts on being a working woman in 2022. Hear from our colleagues in Auckland, Sydney, Brisbane, Melbourne and Perth.

11.01.2021

Could you play 18 golf courses (324 holes) over three days

Could you play 18 golf courses (324 holes) over three days? Before you answer and to put this idea into context – that’s six 18-hole rounds over three days straight. We know four great New Zealanders about to attempt just that. And as far as they know, this has never ever been done before! Why? Well,

18.09.2019

Augusta supports Dhys Faleafaga through the Tania Dalton Foundation

We are thrilled to be supporting the Tania Dalton Foundation through the financial support of their scholarship programme. The Tania Dalton Foundation has been established to ensure Tania’s passion for sport and for helping others lives on. The Foundation aims to make a meaningful difference to young New Zealanders in the community. It supports young New Zealanders,

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