Mirvac recognises that acting in a responsible and sustainable manner creates new opportunities, enhances investor value and improves social and environmental returns.

Mirvac continues to pursue an ambitious Corporate Responsibility and Sustainability (“CR&S”) program across the Group structured around six CR&S priority areas.

See Governance for greater detail on Mirvac’s CR&S actions, commitments and targets.

Recent highlights include:

• The ambitious upgrade of 101 Miller Street, North Sydney, NSW, a flagship premium grade office building. The transformation includes a state of the art trigeneration system, dramatically cutting greenhouse gas emissions and delivering a 5 star National Australian Built Environment Rating System ("NABERS") rating, while providing a more secure and low cost source of energy for tenants.
• Mirvac’s in-house design and development capabilities have resulted in two more properties receiving Green Star ratings - 5 Rider Boulevard, NSW (4 star Office Design V2) and 101 Miller Street, NSW (5 star Office Design V2).
• A further three properties achieved official NABERS ratings with one of these, the Sebel Citigate Albert Park, VIC, awarded 3.5 stars for energy and 4.5 stars for water under the NABERS Hotel ratings, only the second in Australia to receive this recognition.
• The Mirvac designed Bond University Mirvac School of Sustainable Development building, QLD, a 6 star Green Star (Education Pilot) rated building was officially opened and received the prestigious international Award for Sustainability from the Royal Institution of Chartered Surveyors.
• The continued investment in the Mirvac Foundation, which was established to connect with those most in need in the communities in which the Group operates. The Mirvac Foundation provides funding for and encourages volunteering with selected charities supporting the homeless around Australia. Mirvac has committed to provide salaried employees with one paid volunteering day each year in support of the local community.
• The receipt of numerous awards for performance including the prestigious and highly contested Award for Sustainable Development at the Property Council of Australia 2009 Rider Levett Bucknall Awards for Innovation and Excellence for the refurbished 101 Miller Street.
• Maintained listings on the FTSE4Good, FTSE4Good Australia 30, Goldman Sachs JBWere Climate Disclosure Leadership and Dow Jones Sustainability Asia Pacific 2008/09 indices.

Mirvac will continue to build on this performance, and ensure appropriate, timely and coordinated action going forward.