Positioned
for a sustainable future+

Our commitment to sustainability continues to be driven by long-term value creation for all stakeholders.

To deliver on this commitment, we continue working toward a fully integrated, whole of business approach to sustainability. Last financial year, the Group introduced a sustainability framework that focused on the four key elements of workplace, marketplace, environment and community.

Sustainability is a key consideration in our funding, development and property management decisions. Goodman is aware of the changing regulatory landscape and we are committed to ensuring that Goodman’s direct property portfolio and those of its managed funds are well positioned to meet these regulatory requirements into the future.

Goodman is also working with our customers to deliver sustainable property outcomes that meet their expectations and requirements. From an investor perspective Goodman is mindful of protecting the long-term value of our assets by ensuring that they reflect future market requirements.

Goodman is exploring strategic relationships with both suppliers and customers to leverage sustainable opportunities that are unique to Goodman’s structure and platform.

For the 2009 financial year, Goodman has recorded a number of achievements across the key elements of our sustainability framework. Highlights include:

  • completion of the Coca-Cola Amatil facility at Eastern Creek on the M7 motorway in Sydney sets a new benchmark in sustainable industrial development. Goodman’s platinum sponsorship of the Green Star Industrial tool has enabled us to undertake this development as a Green Star Pilot Project, ensuring the facility will be one of the first Green Star Industrial facilities in Australia. It includes a number of sustainability initiatives that demonstrate Goodman’s commitment to sustainable development in the industrial space. Key sustainability initiatives incorporated into the Coca-Cola Amatil facility include:
    - one of Australia’s largest commercial solar panel systems (110 kW);
    - a rain water harvesting system to take water from the facility’s 31,000 sqm roof;
    - zoned and efficient lighting throughout the warehouse and office; and
    - indoor/outdoor breakout space for staff.
  • Goodman has also completed a number of Green Star and BRE Environmental Assessment Method (BREEAM) projects in New Zealand and the UK and continues to be an active member of the New Zealand Green Building Council and the UK Green Building Council respectively. Our UK Business Parks team has made a commitment for all new developments it undertakes to achieve a minimum BREEAM standard of “Very Good”. This is approximately equivalent to a “4 Green Star” rating in Australia. An example of one of Goodman’s UK projects is Closed Loop Recycling (CLR) in Dagenham. This is the UK’s first food grade plastics recycling business, which recycles around 35,000 tonnes of mixed plastics each year. In keeping with CLR’s business, the sustainable initiatives incorporated into its facility include: a number of energy production and usage features to convert sunlight and wind into electricity; natural and efficient artificial lighting to reduce energy consumption; and the use of construction methods and materials such as a 100% recyclable building frame;
  • in Waldlaubersheim, Germany, Goodman has completed a facility for Corporate Express that incorporates a number of energy efficiency and sustainability initiatives. For example, the solar roof generates electrical energy equivalent to 450 households of four persons, with the centre piece of the facility being a 1.6 mW solar (PV) installation;
  • Goodman has also successfully partnered with BP Solar to secure funding from the Department of Environment, Water, Heritage and the Arts (DEWHA) for a 50 kW solar (PV) installation at our MTU Detroit Diesel Australia facility at Keylink in South Australia under DEWHA’s Solar Cities programme;
  • Goodman is continuing to undertake National Australian Built Environment Rating System (NABERS) Energy ratings of all its commercial office portfolio;
  • Goodman Australia has become a Sustainability Advantage member. The Sustainability Advantage programme is run by the NSW Department of Environment and Climate Change. The programme is a partnership between Government and business and is aimed at facilitating and assisting businesses embed sustainability into business as usual operations. Goodman has encouraged a number of its supply chain partners to also commit to the programme;
  • as Goodman employees we recognise our roles as members of the wider community and again had the opportunity throughout the year to make contributions to employee nominated charities. This is done via payroll deductions which are matched by contributions from the Goodman Foundation under a scheme known as Good + Deeds. The focus of this effort was to assist disadvantaged people in the communities we serve including those affected by natural disasters; and
  • Goodman has also launched its Good + Heart scheme whereby its staff can participate in active voluntary work in support of nominated charities, with staff given a day of paid leave each year for this purpose.