Accountable and Collaborative
Our goal | Drive accountability and performance along our value chain
What does it mean?
We will be principled in our approach to urban development, and ensure our partners share our values.
Accountability means creating a system with a level playing field in which decisions are made for the betterment and benefit of all stakeholders. Performance means seeking ever greater improvements in efficiency and outcomes.
Our value chain refers to all organisations that we deal with in operations. By championing better ways to approach business, we seek to lead the industry in trust, transparency, governance and efficiency of outcomes.
Why is it important?
Our commitment to business ethics ensures we follow a code of conduct and prevent corruption and fraud.
Our commitment to performance ensures we seek the best possible returns on public assets.
To meaningfully contribute to any of the Sustainable Development Goals, we must have strong governance and accountability. This means Landcom, and our development partners and stakeholders, must commit to delivering sustainable urban environments – and we also ask our supply chain to get on board too.
In order to realise our own Strategy targets, it will require commitment from all of our stakeholders and beyond. This in turn will support our contribution towards the Sustainable Development Goals.
The New Urban Agenda has shared vision for cities and human settlements globally. That includes nations such as Australia, and those less fortunate. By embedding this shared vision for cities in the way we approach urban renewal, we can support the outcomes sought by the New Urban Agenda.
As with the Sustainable Development Goals, it will take commitment from Landcom, our development partners, stakeholders and broader supply chains to achieve great outcomes.
Related Habitat III New urban Agenda points
Our governance targets and priorities have been developed based on research, collaboration and international benchmarking.
- Confirm and adopt an independent sustainability benchmarking or reporting framework can participate in, such as the Global Real Estate Sustainability Benchmarking, to independently verify our sustainability performance
- Continue to report sustainability performance in line with Global Reporting Initiative Guidelines, and transparently report our financial position annually
- Develop an approach to Human Rights with consideration for Modern Slavery
- Seek to broaden our approach it include industry partners to support initiatives that reduce instances of social issues impacting the development and construction industry (i.e. suicide)
- Work with industry to upskill our supply chain on sustainability issues (eg. through partnership with Supply Chain Sustainability School)