2019 ESG Report: A message from our Managing Director

Michael O'Brien, Managing Director QIC Global Real Estate:

This year has been another significant one for QIC Global Real Estate (QIC GRE) in delivering environmental, social and governance (ESG) initiatives that are integral to our business.

We recognise that ESG factors drive investment performance, and contribute to the communities in which we operate, which actively guides our integration of ESG considerations into our investment decision making process from the top down and the bottom up.

This year we have continued to deliver a range of key initiatives. We have:

  • performed strongly against recognised ratings of sustainability performance, including progressing toward our commitment to achieving a minimum 4.0-star NABERS rating for all our QSCF assets (a key target of QIC GRE’s collaboration with the Clean Energy Finance Corporation)
  • established benchmark ratings for our QIC Active Retail Property Fund (QARP) and QIC Australia Core Plus Fund (QACPF) portfolios under the Green Star rating system 
  • submitted all Australian portfolio assets for GRESB ratings, with improved results achieved for four out of our five real estate funds

We also continue to deliver community investment programs via our assets which closely reflect the causes our communities believe in, as part of our vision to ensure our centres remain culturally relevant, ever-evolving community hubs. In addition to our flagship social investment programs, such as ‘The Sanctuary’ at Castle Towers, we’ve introduced a range of new community programs in FY19, guided by our Corporate Social Investment Framework, which continue to deliver exceptional outcomes that are truly valued by our communities.

My team and I are pleased to present our 2019 ESG report. 

Next section: Report highlights

View key stats and figures from our 2019 ESG report.

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ESG 2019